FX MARKET REPORT 24.07.2020

GBP/USD has been benefiting from upbeat UK retail sales but US-China  spat is taking their toll. EUR/USD regains 1.16 as…

FX MARKET REPORT 23.07.2020

GBP/USD bounces off intraday low of 1.2723, stays inside 20-pips range  since late-Wednesday. EUR/USD stays bid and looks to retest…

FX MARKET REPORT 22.07.2020

The GBP/USD pair is heading back towards 1.2700 amid a fresh round of  selling seen in the US dollar across…

FX MARKET REPORT 21.07.2020

The GBP/USD pair is heading back towards 1.2700 amid a fresh round of  selling seen in the US dollar across…

FX MARKET REPORT 20.07.2020

GBP/USD drops to 1.2520, down 0.37% on a day while heading into the London open on Monday. EUR/USD has started…

FX MARKET REPORT 17.07.2020

GBP/USD escalates the recovery moves to 1.2570, up 0.15% on a day, while heading into the London open on Friday.…

FX MARKET REPORT 16.07.2020

GBP/USD has been on the back foot as weaker parts of economic indicators  take priority. US Retail Sales, BoE speculation…

FX MARKET REPORT 15.07.2020

The GBP/USD pair maintained its bid tone near session tops, around the 1.2580 region and moved little post-UK inflation figures.…

FX MARKET REPORT 14.07.2020

GBP/USD has retreated from the 1.2650 level to 1.2500 level. EUR/USD  targets the June and July highs at 1.1374/1.1422 –…

FX MARKET REPORT 13.07.2020

GBP/USD takes the bids near 1.2655, up 0.27% on a day. EUR/USD is fast  closing on the 200-week simple moving…

FX MARKET REPORT 10.07.2020

GBP/USD consolidates the downside as the cable was capped by the  1.263/93 resistance. The single currency has come under renewed…

FX MARKET REPORT 09.07.2020

GBP/ USD refreshes three-week high while extending the latest pullback  from 1.2600 as the cable is trading around 1.2645, up…

FX MARKET REPORT 08.07.2020

GBP/USD holds up around 1.2550 ahead of Sunak’s speech, Brexit Optimism,  EUR/USD capped under 1.13 as Lagarde hints at inaction,…

FX MARKET REPORT 07.07.2020

GBP/USD recovers from 1.2490 as US dollar fades upside momentum. EUR/USD is now trading below the 1.13 level after having…

FX MARKET REPORT 06.07.2020

GBP/USD extends Friday’s recovery gains from 1.2438 amid broad US dollar weakness to 1.2496 as registers 0.13% gains. EUR/USD climbs…

FX MARKET REPORT 03.07.2020

GBP/USD drops 0.13% to 1.2453, having hit a daily low of 1.2438. EUR/USD: Base at the 1.12 level suggests another…

FX MARKET REPORT 01.07.2020

GBP/USD: Positive comments from Barnier unable to demolish the 1.24 barrier – OCBC Bank EUR/USD: Hardy double-bottom at 1.1190 provides…

FX MARKET REPORT 30.06.2020

EUR/USD traded at 1.1216, down 0.2%. GBP slides under $1.23 ahead of UK PM Johnson speech; US Dollar edges higher…

FX MARKET REPORT 29.06.2020

Europe Edges Higher; DAX Outperforms Airbus stock climbed 1.3% despite a 40% drop forecast Oil prices fell back; Chesapeake Energy…