GBP/USD managed to recover on hopes for a softer Brexit and and mixed movements in the USD. The services PMI and trade balance stand out in the first full week of September. Here are the key events and an updated technical analysis for GBP/USD. The pound enjoyed talk of a softer Brexit, coming from a softening […]
EUR/USD made a big breakout and topped 1.20 but fell quite quickly as well. Will it continue higher? The ECB meeting is undoubtedly the key event of the week, and there are other events as well. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. The Jackson Hole Symposium […]
The US dollar was under pressure but managed to stage a comeback. The upcoming week features rate decisions in Australia, Canada, and the euro-zone, as well as other events. Here are the highlights for the upcoming week. Yellen’s lack of hawkishness in Jackson Hole continued weighing on the US dollar. North Korea fired a missile over […]
Dollar/yen was leaning lower in a week that saw further political issues for President Trump. Nevertheless, the pair maintains a distance from the 108.10 level which remains critical. A calmer atmosphere towards the end of the week allowed for some selling of the safe-haven yen. USD/JPY fundamental movers OK data, messy politics US data was OK, or […]
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EUR/USD was looking good during the last full week of August and remained range-bound. What’s next? The inflation figures stand out as we turn the page into September. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. Germany’s ZEW economic sentiment fell short of expectations, weighing on the euro, but […]