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GBP/USD Current price: 1.3875 UK Health Minister Sajid Javid confirmed they would move forward with reopenings. The Bank of England will publish the Financial Stability Report on Tuesday. GBP/USD holds on to its positive stance, needs to break the 1.3940 resistance level. The GBP/USD pair swung...

GBP/USD Current price: 1.3777 The UK will publish growth and production figures on Friday. Sterling under mild pressure amid a dismal market’s mood. GBP/USD is technically bearish and could lose the 1.3700 threshold. The British Pound remained under pressure, with GBP/USD ending Thursday...

EUR/USD Current Price: 1.1842 The ECB shifted to a symmetric inflation target of 2%, contrary to a ceiling at that level. US weekly unemployment claims printed at 373K in the week ended July 2. EUR/USD maintains the sour tone and could reach lower lows for the week. The EUR/USD pair topped at 1....

GBP/USD Current price: 1.3799 The number of new coronavirus cases in the UK continues to rise. UK data failed to impress, as housing data missed the market’s expectations. GBP/USD remains stuck around 1.3800 with limited bullish scope. The GBP/USD pair seesawed between gains and losses but...

EUR/USD Current Price: 1.1803 European macroeconomic figures continue to miss the market’s expectations. FOMC Meeting Minutes spurred optimism, to the detriment of the greenback. EUR/USD maintains the bearish tone after achieving a lower low for the week. The dollar resumed its advance on...

GBP/USD Current price: 1.3801 UK Health Minister Sajid Javid noted that covid cases could soon rise above 100K a day. The UK Markit Construction PMI improved in June to 66.3 from the previous 64.2. GBP/USD battles with 1.3800 the bearish potential is limited in the near-term. The GBP/USD pair...

EUR/USD Current Price: 1.1823 The German ZEW survey surprised with sharp contractions in Economic Sentiment. The US ISM Services PMI contracted to 60.1 in June, missing the expected 63.5. EUR/USD poised to extend its decline below the 1.1800 threshold. Risk aversion took over financial markets...

GBP/USD Current price: 1.3852 UK Prime Minister Boris Johnson announced all restrictions would be lifted on July 19. Markit published the final version of the UK June Services PMI, which printed at 62.4. GBP/USD is neutral-to-bullish could approach the critical 1.4000 threshold. The GBP/USD pair...

EUR/USD Current Price: 1.1867 A holiday in the US kept volumes at their lows and majors within tight ranges. EU’s Sentix Investor Confidence improved to 29.8 in July from 28.1 previously. EUR/USD is neutral in the near-term, with the risk skewed to the downside. The EUR/USD pair ended...

GBP/USD Current Price: 1.3754 Dollar’s strength extends into another session, eyes turn to the NFP. BoE Governor Bailey offsets Haldane's comments, hitting the pound sterling. GBP/USD unable to recover, remains vulnerable looking at key support area near 1.3670. After outperforming on...

EUR/USD Current Price: 1.1846 US dollar resumes the upside after brief correction ahead of NFP. Market participants await key US data, critical for Fed policy expectations. EUR/USD’s slide found support again around 1.1840. The recovery of the EUR/USD was short-lived. After reaching the 1....

GBP/USD Current Price: 1.3803 The positive tone of the pound faded during the American session. US dollar outperforms on June’s last trading session. GBP/USD holds bearish bias, survives above 1.3800. The GBP/USD pair dropped on Wednesday toward the June low. The decline found support...

EUR/USD Current Price: 1.1848 US dollar jumps across the board as traders look toward the NFP. Euro unable to benefit from lower US yields. EUR/USD drops to test last week's lows, bias point to further losses. The EUR/USD accelerated the decline on Wednesday on the back of a stronger US...

Just before the hunt begins, the hunter needs to be sure its prey feels safe. Will we see a promising short-term rally in gold? After the USD Index reasserted its dominance once again, its bellowing howl sent shivers down the spine of currency traders. When the U.S. Dollar Index is on the hunt, the...

GBP/USD Current price: 1.3843 Tension with the EU amid Northern Ireland barriers hurt the pound. UK Q1 Gross Domestic Product expected to be confirmed at -1.5% QoQ. GBP/USD is poised to extend its decline toward the 1.3700 price zone. The GBP/USD pair returned to its bearish path on Tuesday,...