GBPUSD

The market is bracing itself for the FOMC rate decision on Wednesday, with light trading volume expected until then. In line with recent Fed commentary, the market is expecting policy to remain unchanged along with a more cautious tone.… Read More

Despite initial weakness observed in response to a dovish ECB press conference from Draghi, which saw the ECB chief acknowledging building downside risks to the eurozone, EUR managed to post a strong reversal on Friday. EUR strengthened… Read More

The markets wake up to a new trading day of the year with the holiday season behind. Economic data picks up pace covering the latest for the month of December. In the early Asian session today, China's Caixin manufacturing PMI showed… Read More

The U.S. dollar was seen trading a bit weaker on Friday with the markets showing a mixed sentiment overall. The Japanese yen maintained its dominance as the currency continued to appreciate against the U.S. dollar. The sterling was also… Read More