Before the US CPI inflation data, the EUR/USD reaches monthly highs above 1.0800. FUNDAMENTAL OVERVIEW Following an unexpected increase to -8.5 in June in Germany’s Economic Sentiment, the EUR/USD is
Read More
U.S. Dollar Gains Ground as Rate Hike Expectations Grow Introduction In early European trading, the U.S. dollar saw a slight decline, but it remained on track for its third consecutive
GBP/USD has come under renewed bearish pressure and declined below 1.2100 in the early European morning on Wednesday. The UK’s ONS reported that the annual CPI declined to 10.1% in
USD/JPY reverses an intraday dip to a fresh weekly low, albeit lacks follow-through. A mildly positive tone undermines the safe-haven JPY and lends support to the pair. Bets for smaller
USDZAR Technical Analysis: Weekly Chart In the weekly charts, USDZAR is trading in an up channel. USDZAR is currently trading above all SMA except MA (5). RSI is in the
US Dollar Index is trading up 0.21% at 112.32 The U.S. dollar edged higher in early European trading Monday, while sterling also gained after the U.K. government agreed to water
USDJPY: NEWS & TECHNICAL Report Yen’s Slump Toward 140 Reawakens Talk of Currency Intervention The slide in the yen back toward the key psychological 140 per-dollar level is reigniting chatter