A number of important data was reported overnight during the Asian session. Australian employment change registered a particularly strong figure for August and when compared to the previous month’s figures. However data out of China, the world’s second largest economy, Read More →

Key Points

• The British Pound surged higher and traded above the 1.3320 level against the US Dollar before correcting lower.
• There was a break below an ascending channel with support at 1.3305 on the hourly chart of GBPUSD.
• Recently in Read More →

The dollar held near 110 against the yen on Wednesday, although its gains were capped against the euro with a potentially supportive spike in U.S. yields neutralized by a similar move by their German counterparts.

EUR/USD traded near 1.1985 Read More →