Tag Archives: GBP/USD

EZ worries & $ demand remain the key drivers

EURUSD: The unexpected (or rather premature given our long term target in the 1.07/11 area)

The euro fell to a nine-year low against the dollar on Monday as bets mounted on a further decline for the currency,

The sell-off in early Asian trading took out the 2010 low on the way to

The pair closed in NY Friday just off its session lows of $1.5327 at $1.5328 after rate had

The USD closed 2014 on a strong note and is entering 2015 reaching fresh highs.

Focus on the 2012 low has seen the pair come within a few pips of this level in

The pair started the new year at $1.5579 this morning but has seen little impetus for

The pair closed in NY Tuesday at $1.5559 after rate had managed to recover off an early European low

Fresh 2014 lows Tuesday see bears firmly focused on the $1.2042 2012 low. O/S daily studies and

Greek political risk, the announcement of regulatory changes from China’s SAFE,

The pair closed in NY Monday at $1.5521 after rate had been pulled to an extended day’s low of

Fresh 2014 lows continue for the EUR/USD with bears firmly focused on