2023

EURUSD breaks lower The US dollar rallied after a stronger-than-expected manufacturing PMI last month. The pair has remained under pressure after it broke below March’s lows around 1.0520. A limited bounce to 1.0620 has failed to attract…
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Last Friday was the end of the third quarter, and it marked an important milestone for the dollar. The DXY recorded 11 consecutive weeks of gains, for the strongest quarterly performance of the year. As the premier safe haven currency, the…
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GBPUSD probes resistance The pound inched higher as GDP growth beat expectations in the second quarter. The pair is looking to find a bottom after a 10-week long retracement with the daily RSI deeply sunk into the oversold zone. A…
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AUDUSD falls as RBA might hold The Australian dollar heads south as slowing inflation builds a case for an extended pause in rate hikes. Despite volatile energy costs, core inflation eased further in August, lessening the burden on the…
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Friday has the release of a key bit of data that could seal the fate of the dollar for the rest of the year. That's because it's the preferred inflation measure for the Fed, and could resolve an important conundrum for the market. There…
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Get ready to trade the NFP LIVE with our leading experts!  Join our resident US market specialists, David Kindley and Daniel John Grady for an exclusive live webinar on the upcoming Non-farm Payrolls release, on October 6th, 2023.  All…
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USDCHF retreats from 6-month high The US dollar pulled back after economic growth in the second quarter stayed in line with estimates. The price soared to a 6-month high at 0.9220, suggesting that a bullish reversal could be in the…
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