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It remains to be seen whether the down move is the start of something big for this pair or another mid-range, static noise.
Fawad Razaqzada 15/09/2020
Risk remained on the menu this morning after strong Chinese retail sales and industrial production numbers overnight raised hopes the world’s second largest economy is accelerating out of...
After a mild two-week rebound, the US dollar has started this week on the backfoot.
Fawad Razaqzada 14/09/2020
After falling precipitously last week, the pound managed to rebound this morning.
Here is our week ahead preview for the week commencing 14 September 2020. <...
Fawad Razaqzada 11/09/2020
The European Central Bank’s decision to keep monetary policy unchanged surprised absolutely no body.
Fawad Razaqzada 10/09/2020
Reports yesterday that the central bank forecasts are said to show more confidence in economic outlook has apparently helped to halt the selling for the EUR/USD, with some investors now anticip...
It looks like the trend of rising prices of stocks and precious metals, and a falling dollar, is about to resume.
Fawad Razaqzada 09/09/2020
European stocks and US index futures have recovered nicely this morning following a big drop on Wall Street the day before, where technology shares were hammered on valuation concerns. There ha...
Against the euro, the dollar was off its best levels, but it was against the Japanese yen where you could see clear weakness.
Fawad Razaqzada 08/09/2020