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Sterling Continues to Outshine US Dollar
Sterling Continues to Outshine US Dollar

UK Political OptimismGBPUSD remains in the green so far today with the British Pound one of the best performers against USD in recent days. The pair is now on course for its seventh straight day in...

FOMC Mins In Focus This Week
FOMC Mins In Focus This Week

 Fed Rate Hike ExpectationsOver a much quieter data schedule this week, focus for the US Dollar will be on the FOMC minutes due on Wednesday. Rate hike expectations have been shifting around since...

USDJPY Soars Back Towards Highs
USDJPY Soars Back Towards Highs

JPY Breaks Down AgainUSDJPY is soaring higher again this week shrugging off any suspected intervention from Japanese authorities crashed ahead of Thursday’s NFP release, plunging around 1.3%. However,...

Bearish EURUSD Risks Building
Bearish EURUSD Risks Building

EUR Lower on MondayEURUSD is starting the week on a softer footing as traders digest the recent downturn in eurozone inflation and some dovish commentary from ECB chief Lagarde. Last week, flash...

Bitcoin Rallies On Weak USD
Bitcoin Rallies On Weak USD

USD RetreatingBitcoin prices are continuing to grind higher on Friday, benefiting from the USD weakness we’ve seen on the back of yesterday’s weaker-than-forecast US jobs data. BTC futures are back...

GBPUSD Bounce Continues As USD Cools
GBPUSD Bounce Continues As USD Cools

GBP Higher Despite Political UncertaintyGBPUSD continues to push higher ahead of the weekend with recent GBP gains bolstered by a weaker US Dollar. We’ve heard chatter of fund managers unwinding GBP...

Dollar Dumped On NFP Miss
Dollar Dumped On NFP Miss

Weak Jobs DataThe US Dollar is trading lower today on the back of the June NFP release yesterday which came in sharply below forecasts. The headline NFP reading fell to just 57k last month, well below...

Dollar Plunges On Suspected JPY Intervention
Dollar Plunges On Suspected JPY Intervention

BOJ Intervention?The US Dollar is falling sharply today ahead of the keenly awaited June NFP release this afternoon. The downside action looks linked to the strong rally we’re seeing in JPY today...

Trading Gold Around Today's NFP
Trading Gold Around Today's NFP

NFPs On WatchGold prices are looking a little better today with the futures market in green amidst the pullback in USD. However, the yellow metal has been well sold over the last four months and risks...