USD Weekly Review (Jul 29 – Aug 2)
Mostly a positive week for the US dollar after the FOMC event, but price action diverged when an announcement from the U.S. on new tariffs on Chinese goods hit the wires.
Read MoreMostly a positive week for the US dollar after the FOMC event, but price action diverged when an announcement from the U.S. on new tariffs on Chinese goods hit the wires.
Read MoreMore rhetoric of the U.K. leaving “no matter what” & no renegotiation of the Brexit deal continued to trash Sterling sentiment into last place among the major currencies.
Read MoreMore economic arguments for ECB stimulus continues to put pressure on the euro, while the Swiss franc benefited from big time late week geopolitical news.
Read MoreCAD was set for a bullish week on net positive Canadian updates , but negative geopolitical news had Loonie pairs mixed and net down by the weekend.
Read MoreThe Kiwi ends the week as a net loser, likely on a combination of weak economic updates from New Zealand & surprise negative developments from the U.S.-China trade story.
Read MoreIt was a week of net positive economic updates from Australia, but the surprise announcement of more tariffs on Chinese goods that sent the Aussie into risk-off mode.
Read MoreThe Japanese yen takes the top spot after a big shift in risk sentiment on a negative update from the U.S.-China trade story.
Read MoreWill the upcoming U.S. jobs report bring continued U.S. dollar volatility and solidify the support break in EUR/USD? Let’s find out!
Read MoreGBP/USD hits the top of list of pairs to watch with the latest monetary policy decisions from both the Federal Reserve and Bank of England coming very, very soon
Read MoreBig day ahead with top tier economic data from both China and Australia set to keep Aussie traders moving. Will the early week weakness in the Aussie continue?
Read MoreThink like a man of action, act like a man of thought.Henry Bergson