Forex Analysis
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GBP/USD Review – August 7

The GBP/USD currency pair also showed absolutely no interesting movements on Thursday, which is not surprising given the complete lack of important macroeconomic and fundamental events. It is also worth noting that geopolitical issues continue to bore the market, as there are essentially no events unfolding.
by Jay
Forex Analysis
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EUR/USD Review – August 7

The EUR/USD currency pair continued to exhibit very sluggish, uneventful movement on Thursday. Throughout the day, there were no significant reports or events that would cause the market to move even slightly more actively. Thus, the "very important week" has turned out to be quite dull so far.
by Jay
Forex Analysis
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GBP/USD Review – August 6

The GBP/USD currency pair also resumed its upward movement on Wednesday, although there were few strong local reasons for it. Again, we want to emphasize that we do not believe the dollar is falling because geopolitical tension has eased or because the Strait of Hormuz may be opened.
by Jay
Forex Analysis
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EUR/USD Review – August 6

The EUR/USD currency pair continued to trade fairly calmly, albeit with an upward bias. It was clear that the market liked the news about a possible opening of the Strait of Hormuz, and nobody is thinking right now about the "bucket of cold water" that could be dumped on it at any moment.
by Jay
Forex Analysis
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GBP/USD Review – August 5

The GBP/USD currency pair traded quite calmly on Tuesday, and the only report of the day—the JOLTs report—did not generate much interest among traders. Typically, the first week of each month is the time for publishing the labor market and unemployment reports in the U.S.
by Jay