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EURUSD – Euro Attempting Recovery Vs US Dollar

Key Points

  • The Euro declined and traded as low as 1.0571 against the US Dollar where it found support.
  • The EURUSD pair is currently recovering, and formed an ascending channel with support at 1.0580 on the hourly chart.
  • Today in Read More →

GBP/USD: Directionless Near-Term; Where To Target? – BTMU

BTMU FX Strategy Research notes that with the French elections imminent, the pound may well be directionless as Brexit negotiations probably not formally starting until mid-May.

"Those Brexit negotiations are in full focus now after the UK government formally Read More →

Fresh high for the USD as it shrugs off softer NFP numbers

US Dollar strength continued into week’s open late last night. Friday’s much awaited US Nonfarm Payrolls (NFP) number for March was a disappointment because the US economy created 98K jobs in March, only half of what was expected, and compared Read More →