Forex Analysis
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GBP/USD Review – October 19

The GBP/USD currency pair continued its upward move on the week's last trading day. Friday's key event was Federal Reserve chair Kevin Warsh's speech, which the market judged to have failed to react strongly to September's acceleration in US inflation.
by Jay
Forex Analysis
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EUR/USD Review – October 19

The EUR/USD pair continued to rise moderately on Friday — and I say "moderately, but still" because over the past month any gain in the euro has become an event to celebrate, like payday or the start of a holiday. For the last month we have argued that the dollar's advance was wholly illogical and purely speculative.
by Jay
Forex Analysis
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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
Forex Analysis
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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