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GBP/USD Review – October 16

The GBP/USD currency pair posted a fairly strong rally on the fourth trading day of the week, the first reasonable move in the market in several weeks. The US dollar should begin a prolonged, powerful decline, driven by several factors rather than any single report.
by Jay
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GBP/USD Review – October 15

The GBP/USD currency pair tried to extend its rise on the third trading day of the week but ultimately collapsed. The pound traded within a local sideways channel for 2.5 weeks, but after the US inflation report, traders resumed selling, triggering a new drop.
by Jay
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EUR/USD Review – October 15

The EUR/USD currency pair eased slightly on Wednesday, then resumed its decline. Market moves have been fairly weak over the past week, but on Wednesday the price happily collapsed following the US inflation report. In any case, the EUR/USD rate continues to fall...
by Jay