Pound Perks Up Post May Day

GBPUSD, H4, H1 The Pound has found a footing after the Conservative Party's vote of confidence in Prime Minister May. She cannot now be challenged...

Loonie looks ready to shift in outlook

USDCAD has dropped for a second straight day, putting in some more distance from the 20-month peak that was seen at 1.3663. A rise...

Sharp sell-off for commodity currencies

AUDUSD, H4 and Daily The Dollar was bid up from the London interbank open, tracking a rise in US Treasury yields. The Australian Dollar rallied...

Eurozone Services PMI Disappoints

EURUSD, H1 Eurozone services PMI revised down to 54.2 from 54.4 reported initially and versus 55.2 in the previous month. A clear drop in confidence...

US trade gap widened to -$50.1 bln

USDJPY, H1 The larger than expected US trade deficit widening to $50.1 bln in July, followed downward revisions in all the 2018 trade deficits, leaving...

EUR gets a lift from the data as USD dips

EURUSD, H1 Eurozone Dec HICP inflation was revised down to 1.9% y/y from 2.0% y/y reported initially. This is still in line with ECB's definition...

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