The GBP/USD exchange rate saw negative territories in this Monday’s trading. The fall is a rough way for the pound sterling to start the week. News about the prime minister’s Brexit proposal delay caused the pound to lose some of its five-month high gains. The British Parliament postponed the crucial vote of the British Prime …
The GBP/USD exchange rate went down as pound traders appeared worried about the Brexit divorce on October 31st. The USD was also fighting its way against other currencies while its indices slightly inched up in Wednesday’s trading. The GBP/USD exchange rate went tumbling down as the pound continued to fluctuate from the winning to the …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPUSD The pair has recently plummeted and managed a breakout from the recent uptrend, with the price reaching weekly lows during sessions. The price has converged with the 50-day moving average, but used it …
Daily Market Charts and Analysis October 03, 2019 Read More »
The GBP/USD exchange rate slightly recovers in sessions after weakening over the weekends. The pound sterling started its week on a positive note as it takes advantage of the greenback in Monday’s trading. The GBP/USD exchange rate moved by 0.23% or 0.0028 points in sessions, trading for $1.2318 in sessions. The GBP/USD expair is doing …
GBP/USD Exchange Rate Recovers After Weekend Slip Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURUSD The pair started the trading week on a negative note, falling to record lows and closing in the red. The pair still trades below the 50-day moving average, which is also below the …
Daily Market Charts and Analysis September 24, 2019 Read More »
The GBPUSD exchange rate falls as the greenback and its indices steady in today’s trading. The GBP is also receiving support from the easing worries of no-deal Brexit. However, the GBP’s strength is not enough to stand against the greenback in sessions. The GBPUSD trading pair went down by 0.36% or 0.0044 points in sessions. …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. NZDCAD The pair pared some of its previous losses in the recent trading sessions, but it appears struggling to break above the middle band of the trading channel. But there’s a possibility that the …
Daily Market Charts and Analysis September 06, 2019 Read More »
The British pound sterling had an impressive run in yesterday’s session as it gained support from UK lawmakers. The UK currency had a rough start this week, but Wednesday’s rally gave sterling traders a much-needed tap in the back. The pound recorded strong rallies that have not been seen by its traders for a long …
The pound sterling enters positive territories in today’s trading after UK lawmakers won the bid to block a harsh Brexit. The UK currency, which lost its footing on previous trading sessions, got its much-needed boost from the positive Brexit news. The sterling rallied against other major currencies in Wednesday’s session as traders regained their confidence …
The EUR/GBP trading pair gained altitude in yesterday’s trading as the pound sterling continues to weaken. The EUR/GBP pair moved up by 0.40% or 0.0036 points in Monday’s sessions. The pair traded around £0.9082 in sessions and has extended its gains from £0.9026 to £0.9091 in yesterday’s trading. The two currencies also lost against other …
The EURGBP trading pair is in for a very volatile ride in the coming trading sessions as both currencies gradually weaken. The FX market continues to receive mixed sentiments over whether which currency will come out triumphant. The looming German recession is currently the heaviest weight on the euro. Meanwhile, pound sterling traders are losing …
The EUR/USD trading pair weakened in last week’s trading after the US economic growth report bolstered the greenback in session. The EUR/USD trading pair went down by 0.11%, or 0.0012 points, hitting levels between $1.1035 and $1.1061 in Friday’s session. The pair gradually declined throughout last week’s trading. The EUR/USD started from $1.1160 on Monday …
Traders in the FX market were slightly relieved as the US dollar regained some of its strength in yesterday’s trading. The greenback recently started off the week on a negative note. The US dollar slowly made headway on Wednesday’s trading as investors regain their risk appetite. The US dollar index recovered, moving up 0.11%, or …
The FX market saw the US dollar and its futures steadying in today’s trading. The struggling dollar is slowly and cautiously making headway in sessions. Traders are getting more and more concerned as the conflict between the US and China escalates. The dispute keeps on affecting the global economy while bond yields continue to slip. …
FX Market: USD Steadies Against Trade War Concerns Read More »
US Dollar Index dipped during Thursday’s session against news about the US Federal Reserve. This week, the US Federal Reserve officials are scheduled to have their annual Jackson Hole Seminar. Jerome Powell, US Fed Chairman, is expected to make a speech on Friday addressing the recent Treasury yield curve inversion. The USD Dollar had a …
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