Market Insights

Risk-on mood helped the pair to regain its traction. It is currently consolidating at 1.0250 as a result of downward correction for the US dollars.

US inflation data is in focus today. It will significantly impact financial markets' movement and determine their direction.

URGBP formed a bearish engulfing candle. The fear of a European recession sent the pair below 0.8500. After the perpendicular downside move...

A weak macroeconomic statistic in Japan and more dovish comments from Bank of Japan Governor Kuroda sent USDJPY to its highest level since September 1998.

Why is today’s data important? Because it will determine the path of the US dollar during the next stage. According to the US Federal Reserve...

The currency pair developed a strong bearish momentum. EURUSD is currently holding near the record low formed yesterday waiting for the storm...

The safe haven is holding the June high in the middle of continued demand on the US dollar ahead the US Fed’s rate hike....

The Sterling pound is heading lower as a result of strong demand on the US dollar after the holiday. UK Brexit worries, political uncertainty...

Positive macro statistics published today boosted the Aussie which has corrected upward, recovering from a strong decline at the end of last week.