US Dollar Index Treks Higher Following NFP Report
The US dollar advanced briskly on Friday, as non-farm payrolls rose more than forecast in May, easing concerns about a broader economic slowdown in...
GBP/USD Strengthens as BOE Maintains Rate
The GBP/USD was mildly supported on Thursday as the Bank of England made no changes to monetary policy, as investors continued to monitor negotiations...
EUR/USD Resumes Uptrend as Bailout Hopes Rise
The EUR/USD continued to soar on Wednesday, as the European Central Bank held interest rates at 0.05% amid growing optimism that a new Greece...
Euro Soars on News of Possible Greece Deal
Negotiations between Greece and its international creditors advanced on Tuesday, raising hopes that a new deal agreement would be reached before Thursday’s payment deadline...
GDP Revision Weighs on US Dollar
The US dollar was mildly weaker on Friday following a government revision of first quarter GDP showing the US economy contracted at the start...
US Dollar Weekly Outlook (June 1-5)
The US dollar index rallied last week, climbing nearly 2% to 97.00. Dollar pairs could face significant price action this week, as a barrage...
GBP/USD Edges Lower as Dollar Rally Continues
The GBP/USD edged lower on Thursday, falling for a fourth consecutive day as the US dollar continued to rally ahead of Friday’s GDP revision.
The...
EUR/USD Backtracks as Greek Talks Stall
The EUR/USD tumbled to fresh monthly lows on Wednesday, as talks between Greece and European creditors stalled, raising concerns that Athens was on the...
US Dollar Index Surges as Business Investment Plans Appreciate
The US dollar surged on Tuesday, picking up where it left off last week as investors responded to mixed economic data.
The trade-weighted US dollar...
EUR/USD Tumbles on Broad Dollar Rally
The EUR/USD tumbled to fresh monthly lows on Friday, as the dollar rallied across the board despite mixed inflation figures out of Washington.
The EUR/USD...
US Dollar Weekly Outlook (May 25 – 29)
The US dollar advanced on Monday, as the US markets paused to observe Memorial Day. Price action was tame in Europe, where Germany, France,...
US Dollar Backtracks as FOMC, Data Weigh
The US dollar was back on its heels Thursday, as the Federal Reserve indicated that interest rates are unlikely to rise in June, while...
GBP/USD Rebounds amid Unanimous BOE Rate Vote
GBP/USD rallied on Wednesday following sharp losses earlier in the week, as the Bank of England stood firmly against raising interest rates at this...
GBP/USD Plunges as Inflation Turns Negative
The GBP/USD plunged around 200 pips on Tuesday, as UK inflation entered negative territory for the first time on record, supporting expectations for a...
US Retail Sales Unchanged in April
US retail sales stalled unexpectedly last month, a sign headwinds continued to soften the economic recovery at the start of the second quarter.
Retail sales...
Greece Debt Talks Continue in Brussels
Talks between Greece and its creditors resumed in Brussels on Thursday, with both sides still far apart on an agreement needed to keep Athens...
EUR/USD Rises to Higher Ground
The EUR/USD climbed to higher ground on Thursday, advancing for a fourth consecutive day amid broad US dollar weakness.
The EUR/USD climbed to a session...
US Nonfarm Payrolls Rebound in April
US nonfarm payrolls rebounded sharply in April, offering convincing evidence the labour market was on solid footing following an abrupt hiring slowdown in March.
Nonfarm...
EUR/USD Gains Traction
The EUR/USD soared on Wednesday, climbing to its highest level of the week following disappointing US retail sales figures and growing signs of a...
Greece Taps into Reserves to Repay IMF
Greece relied on emergency reserves to make a debt interest payment to the International Monetary Fund, a sign the far-left government of Alexis Tsipras has...
