Forex Analysis
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GBP/USD Review – August 6

The GBP/USD currency pair also resumed its upward movement on Wednesday, although there were few strong local reasons for it. Again, we want to emphasize that we do not believe the dollar is falling because geopolitical tension has eased or because the Strait of Hormuz may be opened.
by Jay
Forex Analysis
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EUR/USD Review – August 6

The EUR/USD currency pair continued to trade fairly calmly, albeit with an upward bias. It was clear that the market liked the news about a possible opening of the Strait of Hormuz, and nobody is thinking right now about the "bucket of cold water" that could be dumped on it at any moment.
by Jay
Forex Analysis
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GBP/USD Review – August 5

The GBP/USD currency pair traded quite calmly on Tuesday, and the only report of the day—the JOLTs report—did not generate much interest among traders. Typically, the first week of each month is the time for publishing the labor market and unemployment reports in the U.S.
by Jay
Forex Analysis
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EUR/USD Review – August 5

The EUR/USD currency pair traded very calmly on Tuesday, with the first half of the day spent almost entirely in a tight range. Thus, the new not-boring week began very boringly. So far this week, there has been only one interesting event—the ISM Manufacturing Index in the U.S.
by Jay
Forex Analysis
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GBP/USD Review – August 4

The GBP/USD currency pair traded fairly calmly on Monday, though volatility spiked in the afternoon, mainly due to the ISM Manufacturing Index in the United States. However, we will discuss macroeconomic data later. In this article, we would like to review the most important events of the current week, of which there will be many.
by Jay