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EUR/USD Review – September 22

The EUR/USD pair spent virtually all of Monday standing still. As expected, volatility was minimal, and no important information reached traders during the day. So it's not surprising there were no price moves on the week's first trading day.
by Jay
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GBP/USD Review – September 21

The GBP/USD pair on Friday again tried to start an upward correction after nearly a month of decline. In fact, not only a correction but a potential new uptrend is ripening, since the US dollar once again managed to gain significantly on a fundamental backdrop that did not obviously justify such a strong and sustained rally.
by Jay
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EUR/USD Review – September 21

The EUR/USD pair showed no notable moves on Friday, and last week's price action effectively ended Wednesday evening. On Wednesday, after the Federal Reserve meeting delivered the first policy tightening in three years, the US dollar leaped higher — capping a week in which markets had already been pricing a Fed rate hike.
by Jay