|Day's Range||0.755 - 0.757|
|52 Week Range||0.7284 - 0.7683|
The economic calendar shifts focus to the U.S Dollar. Following Powell’s positive outlook on the economy, retail sales will need to impress…
Particularly weak economic data weighed on the risk appetite early on, with a busy day of stats likely to test the markets further in the day.
It has been a very quiet Wednesday session. The Canadian dollar and British pound are flat, and EUR/GBP is also trading sideways. Stronger inflation numbers in the U.S. failed to cause any reaction in the curency markets.
The RBNZ held rates steady, leading to a surge in the Kiwi, while the Greenback was under early pressure following Trump’s Tuesday speech…
It has been a sleepy Tuesday session. The Canadian dollar, British pound and EUR/GBP are all trading sideways and traders can expect a quiet North American session.
The British pound is showing some strength on Monday, which has pushed GBP/USD higher while sending EUR/GBP lower. The Canadian dollar is almost unchanged.
GBP/USD and EUR/GBP are trading sideways on Friday. USD/CAD has gained ground, after a disappointing employment report out of Canada.
Trade data out of China comes in better than expected, while the RBA revised down growth projections. Stats are on the lighter side later today…
The Bank of England held rates at 0.75%, but there was some surprise as the vote was not unanimous, as in previous rate decisions. This has pushed the pound lower. The Canadian dollar and EUR/GBP are flat.
Sentiment towards trade took a turn for the worse on Wednesday, with even a record Aussie trade surplus doing little to support the AUD early on…
The Candian dollar is flat in Tuesday trade. On the other side of the pond, GBP/USD is trading sideways, while EUR/GBP has posted losses.
It was a positive start to the day for riskier assets, with positive sentiment towards trade talks driving the majors. Economic data is in focus later today.
The markets are sluggish on Monday, despite the extra of hour sleep on the weekend. The Canadian dollar and EUR/GBP are almost unchanged, and GBP/USD is slightly lower after another weak British Construction PMI release.
It’s a busy day ahead, with trade chatter supporting risk appetite ahead of the stats. UK politics will also be in focus later today…
It’s a busy day ahead for the markets, with labor market data out of the U.S and trade in focus. PMI data out of China early on supported risk appetite.
It’s a busy day ahead on the economic calendar with GDP numbers out of the Eurozone likely to set the tone for Lagarde, who takes over as ECB President.
It’s “risk-on” for the majors, while the Pound struggles early on. For the day ahead, U.S consumer confidence figures and the UK Parliament are in focus.