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FX Update – August 4 – USD slips

The Dollar has been ebbing moderately lower into the London interbank open, though has largely remained above lows seen on Monday. The USDIndex (DXY)...

Sterling Storms On

  GBPUSD, H1 Cable has pinned a new five-month peak at 1.3145. The pair is now firmly back in pre-lockdown territory. The UK currency still registers...

FX Update – July 31 – Dollar Down Again

USDIndex, Monthly The Dollar continued lower in what is now the biggest monthly decline the US currency has seen in a decade. The narrow trade-weighted...

FX Update – July 29 – USD got a break but not for long

USDJPY, H1 The Dollar relief rally yesterday and dip today is consolidating the sharp declines seen over the prior 10 days. The narrow trade-weighted USDIndex...

FX Update – July 27 – USD tracks lower, again

The Dollar continues to drop, printing fresh trend highs against the Euro and other currencies. The narrow trade-weighted USDIndex (DXY) fell over 0.5% to...

FX Update – July 24 – USD remains heavy

  USDJPY, H1 The Yen has outperformed today as risk aversion took a firm grip on global markets. The Dollar has so far failed to pick...

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