Greenback Gains The greenback recorded positive gains against most of its competitor so far this week after a positive USD statement from the FOMC on Wednesday. Monday 19th Feb. London session Recap Cable took a…

Greenback Gains The greenback recorded positive gains against most of its competitor so far this week after a positive USD statement from the FOMC on Wednesday. Monday 19th Feb. London session Recap Cable took a…
Monday 8th of January: Dollar Weakens Against Yen after BOJ Move. The USD is having a bad week compared to most of the major currencies in the market. The surprising move made by the Bank…
US Dollar Strengthens The Greenback was pushed ahead today against its major counterparts after William Dudley, New York Fed Reserve President, hinted toward a rate hike in the USA before 2018. Euro The euro especially…
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The Best and Worst The forex week has begun again and there is some exciting news about the best and worst performers coming out of the London and Asian sessions. GBP The British sterling turned out…
EURUSD After today’s session which included releases in the US docket, the EURUSD made an attempt to rebound from the earlier fall from 1.1689. The pair’s last daily upside was near 1.1818. The spot index for…
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The USD Index has tanked all week but especially today during the early hours of the European session on Thursday. The Cable was one of the biggest winners against the Greenback initially, touching a new…
Yen Weakens The yen weakened against the USD and Euro overnight as the demand for the safe-haven yen lowered in view of the recent rebound in global stocks and the decline in U.S. Treasuries. Technical…
Theresa May Jolts The Sterling Today, British Prime Minister Theresa May’s impromptu announcement of an an early general election jolted the market and caused a knee-jerk reaction on the cable. The GBPUSD chart below shows how on…