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GBP/USD Review – July 31

The GBP/USD currency pair also exhibited impressive growth on Wednesday evening and Thursday. In the article about EUR/USD, we thoroughly analyzed the FOMC meeting and concluded that the market is gradually becoming disillusioned with Kevin Warsh's ability to raise the key rate.
by Jay
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EUR/USD Review – July 31

The EUR/USD currency pair demonstrated a strong upward movement on Wednesday evening and Thursday. In total, the euro gained about 150 pips, which is quite significant. However, it would be more accurate to say that "the dollar lost 150 pips."
by Jay
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EUR/USD Review – July 28

The EUR/USD currency pair rose and then fell on Monday, driven by geopolitical developments. The fact is that over the weekend, Donald Trump again decided to pardon Iran and not devastate the country, leading to a renewed halt in military actions in the Middle East.
by Jay
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GBP/USD Review – July 27

The GBP/USD pair experienced no new declines on Friday and generally stayed in place throughout the day. This was despite the publication of a significant amount of macroeconomic data, most of which supported the British pound.
by Jay