The US Dollar Index gained ground on Friday, rising above the level it opened on Monday. The greenback rose particularly against the yen and pound on Friday and remained steady versus the AUD and CAD...
EURUSD: With the pair continuing to retain its upside pressure, more strength is envisaged though hesitating the past week. Resistance comes in at 1.1250 level with a cut through here opening the door for more upside towards the 1.1300 level. Further up, resistance lies at the 1...
Currency Strength Analytics for Gold: As posted last Tuesday gold has hit the high of month April at the PIP (!) and started its reversal move while the indicator showing now a hook from currency market Fibonacci +100...
First, a review of last week’s forecast: - Let us recall that in the forecasts regarding EUR/USD, most experts (70%), supported by graphical analysis on H4, spoke about the possible decline of the pair to 1.1100...
USDCHF: With the pair continuing to retain its downside pressure, more decline is envisaged despite price hesitation. However, we a close higher seen the past week, further bullishness is likely. On the downside, support lies at the 0.9650 level...
That was a surprising result in the UK, Theresa May has lost her bet and did not win a clear majority. Her plan fell apart. A few weeks ago, markets had expected a large Conservative victory...
The outcome of the UK general election was quite a surprise as the market was broadly anticipating a victory for the Conservatives. Investors had bet heavily that Theresa May would have been able to reinforce her party's support in the House of Commons...
GPB/USD The British currency will be determined by economic dynamics and monetary policy in the long term...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, June 9th The UK general election is over and outcome of this event is not so optimistic for the pound, as the Britain has voted for chaos...
The third trading session the dollar strengthens in the foreign exchange market against the assets-shelters - yen, franc, precious metals...
A speculator may need to invest hours on the PC to concentrate the perplexing and consistent cash developments...
GBP/USD has fallen more than 300 pips on UK Election results. Neither the Conservative Party nor the Labor Party could win the majority. GBP/USD started falling when the exit poll results showed that Conservative Party wont win a majority. Thursday was difficult day for the currency traders...
The European currency is under pressure following the Q&A session by President Draghi, with EUR/USD so far managing to keep the trade above the key support at 1.1200 the figure...
The euro is trading mixed ahead of the ECB meeting today. The European Central Bank is expected to cut its inflation forecast for 2019. Indeed the CPI should, according to an official European report, fall to 1.5% within the next three years while growth should remain below 2...
The publication of the latest batch of economic data from Switzerland went largely unnoticed as investors await impatiently the results of the UK general election and Mario Draghi’s press conference later this afternoon. The EUR/CHF was treading water above the 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, June 8th Today the EUR/USD is showing lack of momentum, having stuck in a range of 15-pips near the level of 1...
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Despite all the volatility of foreign exchange markets and the uncertainty in the world political arena observed in recent weeks, the US stock market remains stable, as evidenced by the continued growth of major US stock indexes...
EUR/USD The pair should continue to remain above 1.1101 in the near future. The euro continues to remain below the high of November 2016 at 1.1300. The nearest risk is that the correction will develop up to the 2-month uptrend line. USD/JPY The breakthrough of the pair below 110...