British Pound Soars After Record Defeat at the Polls

Cable sees its largest rally in the GBP/USD pair since January 2017. - British Pound, up 10.61% - US Dollar, down -3.91% - Japanese Yen, down -11.51% The British Pound

Read More →

US Dollar Continues to Weaken

The United States Dollar is now the 2nd weakest of the major currency pairs. - US Dollar, down -3.95% - Japanese Yen, down -4.05% - New Zealand Dollar, up 9.19%

Read More →

JPY is the strongest currency this week and the CHF is the weakest

Last week the US Dollar rose against all the majors with the exception of the Japanese Yen and the New Zeland Dollar. - Japanese Yen, up 3.51% - Swiss Franc,

Read More →

AUD/USD struggles to justify trade-positive headlines amid broad USD strength

Despite news of Chinese goodwill gestures to safeguard the US-China deal, AUD/USD remains below 0.6800 by the press time of early Wednesday. The Aussie pair initially popped to day’s high of 0.6805

Read More →

AUD/USD struggles to gain traction amid USD strength, trades around 0.6760

The AUD/USD pair lost 40 pips on Wednesday pressured by the broad-based USD strength and touched its lowest level in three weeks at 0.6740. Although the Greenback preserves its strength

Read More →