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EURO spikes on hopes for extra ECB stimulus

The EUR has lifted on EU recovery fund news, with the European Commission reportedly outlining a compromise proposal that aims to satisfy both the...

FX Update – May 27 – USD ticks up

EURUSD, H1 The Dollar has picked up moderately amid a backdrop of geopolitical risk. While pro-democracy protests continued in Hong Kong's central business district, reports...

FX Update – May 26 – US Open

USDJPY, H1 The Dollar and Yen have weakened against most other currencies as risk appetite came coursing back. The narrow trade-weighted USDIndex (DXY) dipped by...

Debt Mutualisation? Nope according to “Frugal Four”

With European countries accelerating the easing of virus restrictions, the focus turned to recovery programs and German-French proposals for an EU recovery fund last...

FX Update May 25; USD Holds the Bid

EURUSD & GER30, H1 The Dollar has remained buoyant amid narrow ranges in early-week trading so far. Conditions will be thin today with both UK...

EURUSD – Rejection, Retrace, Sell-Off

EURUSD, H1 EURUSD has drifted down to a fresh four-day low at 1.0886, driven lower by a broad haven-bid for Dollars as Hong Kong re-emerges...

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