Cable hit a fresh 17-month low at 1.2408, on dollar strength & sterling weakness. US Retail Sales report beat estimates with 0.4% June gain.

 

Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.

Analysis feed

Latest Forex Analysis

Editors’ Picks

Dollar ticks higher as most Fed officials see cuts as a mid-cycle adjustment

The Minutes of the latest Federal Reserve meeting are out, giving the greenback a modest lift against most major rivals. Policymakers concerned about the efficacy of QE. EUR/USD trading below 1.1100.

EUR/USD News

GBP/USD holds below 1.2150 post-Fed, Merkel-Johnson meeting

GBP/USD is trading with a heavy tone after German Chancellor Angela Merkel gave UK PM Boris Jonson to come out with a solution to avert a no-deal Brexit in the next 30 days.

GBP/USD News

USD/JPY: fundamental background keeps favoring the yen

Equities bounced, but the USD/JPY pair ignored the recovery. US Treasury yields finished the day little changed after FOMC’s Minutes. USD/JPY continues consolidating between Fibonacci levels, upside limited by 106.65.

USD/JPY News

Why is the dollar not stronger and why is the euro not weaker?

We can easily make the argument that the US is not going into recession, despite the doomsayers. They are out in force, whether their credibility rests on getting one or two things right in the past, or cycle ideas, or what passes for logic.

Read more

Gold holds in bullish territory, unfazed by FOMC minutes

Gold prices are trapped between the recent 13th august highs and lows of the $1,530s and $1,479s, unfazed by the as expected Federal Open Market Committee minutes which did little to sway the market's opinion that the Federal Reserve will cut interest rates again.

Gold News

Majors

Cryptocurrencies

Signatures