GBPUSD

Data from the Eurozone showed that final manufacturing PMI grew to 51.8 in November. This was a slight increase from 51.6 in the previous month. The UK's manufacturing PMI was up to 53.1 in November, up from 51.1 in October. The ISM… Read More

EURUSD Non-Commercials increased their net short positions in the Euro last week selling further 8k contracts to take the total position to -55k contracts. The single currency has come back under pressure recently as continued data… Read More

Turning Points, Waves & Patterns G20 Summit took place this weekend, and the outcome of the discussions held by the group of twenty finance ministers could trigger an increase in volatility. This would affect multiple sectors, as the… Read More

The U.S. Dollar managed to erase some of the losses from Thursday. Price action managed to post a reversal sending most of the currencies to close weaker or subdued by Friday. Data from the Eurozone showed that import prices in Germany… Read More

The U.S. dollar was seen trading subdued on Thursday in the backdrop of the dovish interpretation from Fed Chair Powell's speech on Wednesday. Economic data on the day showed that Swiss GDP contracted 0.2% on the quarter ending… Read More

The U.S. second revised GDP estimates showed that the economy advanced 3.5% in the third quarter of the year. This marked an unchanged print from the first estimates. New sales report disappointed as with most other housing market data.… Read More

The U.S. Dollar was seen rallying to previously established highs from just a few weeks ago. The strong rally in the USD sent most of its peers back to their lows. Economic data from the Eurozone was relatively quiet for the most part.… Read More

The U.S. Dollar was seen trading firm, riding on the back of Trump’s comments on China. President Trump renewed his rhetoric against China as he said on Monday that he would resume the tariffs against China to 25%. The comments come ahead… Read More