Forex Analysis
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GBP/USD Review – October 2

The GBP/USD currency pair also fell significantly on Thursday amid current volatility, but overall it has gone several days without making new local lows. One could say the pound is demonstrating greater resilience than the euro.
by Jay
Forex Analysis
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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
Forex Analysis
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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
Forex Analysis
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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