The Dollar Index is still trading range bound between 80.40 and 79.00. The USD traded flat against the Euro, the Swiss Franc and the Aussie Dollar but appreciated by more than 70 pips against the Cable.
The GBP/USD pair fell in a steady manner during the Monday session as the British pound in general weekend. We solve Pound weakness against the dollar, the Swiss franc, and the Japanese Yen. With this being said,...
The Dollar Index is still trading range bound between 80.00 and 79.00. The USD traded flat against most of the FX majors, though mild correction was observed in the Cable after the Cable has appreciated during past...
GBPUSD’s fall from 1.6309 extends to as low as 1.5913. Key resistance is now at 1.6180, as long as this level holds, deeper decline is still possible and the target would be at 1.5800 area.
The GBP/USD pair fell slightly during the Friday session as we attempted to break out above the 1.61 handle. However, it must be said that this pair is starting to show real signs of strain, and as...
The GBP/USD pair rose during the session on Thursday as the bullishness came back into the marketplace. After the Wednesday session, we had noted how the 1.60 level was offering support, as the market jump back over...
The GBP/USD pair had a strong session on Wednesday as we bounce back above the 1.60 handle. At this point time, it looks as if the market wants to trying to form some type of base in...
The Dollar Index is still trading range bound between 80.30 and 79.00. The Greenback traded flat yesterday after steep rise witnessed during past couple of days on the event of sell off in most of the asset...
The GBP/USD pair bounced off of the 1.60 level on Monday to continue to show support at that level. This area is a large round number, and as a result we believe it will continue to attract...
Gain in US Dollar leads to sell off in most of the asset classes especially the equities; the benchmark equity index of Dow Industrials (.DJIA) has fallen more than 200 points to currently trade at 13340 ranges.
