Tag Archives: GBP/USD

Daily FX Update

Markets are entering the last trading session of the week with a strong USD,

EUR/USD has bounced after having made significant new lows.

Today’s highlights: EURUSD ideally remains capped by the falling 21-day average

The pair spiked to $1.5714 Thursday on extended react to President Draghi’s press conference and

Layers of resistance remain in the $1.2456-1.2532 region with the bounce from fresh 2014 and

Oil is weak, as WTI falls back below $67, on conflicting headlines from Saudi;

Today’s highlights: USDJPY spotlight stays on our core 120.00/10 target,

EUR/USD has resumed its underlying downtrend by breaking to

Supported by stronger-than-expected UK PMI Services data and a well received Autumn Statement from

Recent failures at the falling daily trend line have resulted in fresh 2014 and 2 year lows with

The focus into the open is the significant USD rally that has driven most majors to fresh lows;

EUR/USD: Traded very heavy yesterday even without any data or news and is now close to the year-low.