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EUR up ahead of EU Summit

 EU summit goes into fourth day amid signs of a compromise on the recovery fund. That this wouldn't be an easy summit was clear,...

FX Update – July 16 – USD Gains

GBPUSD, H1 The Dollar has recovered most of yesterday's losses. The narrow trade-weighted USDIndex lifted to a peak of 96.17, up from Wednesday's five-week low...

FX Update – July 15 – A Softer USD persists

EURUSD, H1 The Dollar has remained on a softening track against most other currencies, while the Euro has remained broadly underpinned amid expectations for EU...

EUR & GBP : Circumspect view

The Dollar majors have been plying narrow ranges so far today, with global markets generally in somewhat of a directional stasis presently, with participants...

EURUSD – The remainder of the week

EURUSD, H4 - Even though the weekly framework is still sideways, the overall view of this pair is still considered positive. However, due to the...

EURUSD Technical Outlook 6-10 July 2020

European Union Recovery Fund European Commission President Charles Michel is expected to propose a compromise plan - mainly to convince the Dutch to join -...

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