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EUR/USD Review – October 2

The EUR/USD currency pair showed a more familiar movement on Thursday, whereas a day earlier we thought something extraordinary had happened when the European currency gained several dozen pips. Of course, that is sarcasm.
by Jay
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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
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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
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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