Forex Analysis
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GBP/USD Review – October 1

The GBP/USD currency pair unexpectedly rose with confidence on Wednesday for many. For the first time in several weeks, the market saw factors supporting the British pound rather than the dollar. The British currency's ascent began in the morning, when the UK's second-quarter GDP report came in higher than expected.
by Jay
Forex Analysis
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EUR/USD Review – October 1

The EUR/USD currency pair unexpectedly reversed upward on Wednesday, showing a modest rise. But even that rise surprised many traders, since the pair had been falling for three weeks in a row. The US currency's fall was driven by a speech by one of the Federal Reserve's FOMC members, John Williams.
by Jay
Forex Analysis
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EUR/USD Review – September 30

The EUR/USD pair continued to fall on Tuesday — what else would you expect? The market is so eager and hungry for further Federal Reserve tightening that it keeps buying the dollar even weeks after that factor has already been worked through.
by Jay
Forex Analysis
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GBP/USD Review – September 29

The GBP/USD pair also traded fairly calmly on Monday, as we expected given an absolutely empty economic calendar. In the EUR/USD article, we already noted that a range persists in the long term. For GBP/USD, that range is even more obvious if you open the weekly timeframe.
by Jay