Forex Analysis
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GBP/USD Review – August 10

The GBP/USD currency pair also showed an upward movement on Friday, but it was quite weak. The volatility was only 74 pips, which is extremely low for such an important day and important data. Recall that on Friday, the impactful and disappointing Non-Farm Payroll report was released.
by Jay
Forex Analysis
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EUR/USD Review – August 10

The EUR/USD currency pair showed a fairly decent rise on Friday, although it could have been much stronger. Not just "could," but "should." The reason is that the Non-Farm Payroll report is no longer just an important report; it will determine the fate of the Federal Reserve's monetary policy in the near future.
by Jay
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