Previous close | 0.869 |
Open | 0.869 |
Bid | 0.87 |
Day's range | 0.869 - 0.87 |
52-week range | 0.8636 - 0.9086 |
Ask | 0.87 |
Investing.com -- The dollar was lower against the euro and the British pound in early trading in Europe Wednesday as a fall in U.S. Treasury yields reduced its attractiveness amid expectations of dovish news on interest rates from the Federal Reserve.
Investing.com -- Foreign exchange markets got off to a slow start Monday, with trading set to remain subdued due to a sparse data calendar in Europe and public holidays in North America.
Industrial production in Eurozone came worse than expectations. That was one of the reasons why EUR reversed sharply against the USD.
Investing.com - The British pound fell to the lows of the day on Monday after data showing that Britain’s economy slowed sharply in the final three months of 2018 amid concerns about the impact of Brexit.
Today, three setups with the Euro. Two of them are bearish and one of them is bullish…at least for now.
What would be seen as a major threat to the Sterling resuming its painful descent would be if the BoE issues a downbeat policy statement, suggesting a downward revision in growth and inflation forecasts which obstruct the need to raise rates.
Investing.com -- Foreign exchange markets were mixed in early Friday trade in Europe, as tentative signs of progress in the U.S.-China trade war were offset by surveys showing more economic weakness in China and other Asian economies.
Investing.com - The dollar extended losses against its major rivals on Thursday, plumbing three-week lows after the Federal Reserve dialed back its predictions of future rate hikes this year, amid increasing uncertainty over the global economic outlook.
Investing.com - The U.S. dollar dipped against a basket of its rivals on Wednesday ahead of the Federal Reserve’s policy decision, while the pound steadied after sliding in the previous session amid fresh concerns over the prospect of a no-deal Brexit.
Investing.com - The safe haven yen was higher against the U.S. dollar on Tuesday after U.S. authorities hit Chinese technology firm Huawei with criminal charges, ratcheting up trade tensions between the world’s two largest economies.
Investing.com -- The dollar rose slightly against the euro in early trading in Europe Monday after a dismal survey from the respected German research institute Ifo.
Investing.com - The pound slid on Monday as British Prime Minister Theresa May prepared to outline her Plan B for Brexit, designed to break the deadlock in parliament by setting out proposals that are expected to focus on winning more concessions from the European Union.
Investing.com - This week investors will be continuing to monitor U.S.-China trade negotiations for signs of progress, while the ongoing government shutdown continues to delay some key U.S. economic reports.
The pound was lower on Friday as the uncertainty over Brexit continued to put pressure on the economy. U.K. retail sales fell for the first time since March, suggesting that consumers are becoming more cautious as Brexit nears. Prime Minister Theresa May's Brexit deal was defeated in parliament on Tuesday but she won a subsequent vote of confidence, which has removed some political uncertainty.
Investing.com - The U.S. dollar pushed higher against a basket of its key rivals on Thursday, building on its recent strong gains, while the pound slipped amid softer risk sentiment.
The British pound, as expected, experienced a high volatility day on Tuesday. As the result, however, the currency avoided serious pressure, ending Tuesday’s near levels at the opening. During the day on Tuesday, the pressure on the pound increased, sending GBPUSD from 1.2850 to 1.2700.
Yesterday we had a real roller-coaster on the GBP. Well, no surprise here as we had a Brexit vote and everybody expected the increase in volatility.
Investing.com - The pound firmed up on Wednesday following a plunge overnight when the UK parliament overwhelmingly voted down Prime Minister Theresa May's Brexit deal, adding to uncertainties surrounding the UK’s withdrawal from the European Union.
Today, the British Parliament is set to vote on Theresa May’s Brexit deal. Most economists are forecasting that the majority of MPs will vote against it, which will certainly have a negative impact on the pound. On the other hand, approval for the deal would certainly come as a surprise and most likely support the sterling.
Investing.com - The U.S. dollar dipped against a currency basket on Tuesday amid expectations the Federal Reserve will hold off on raising rates this year due to weakness in global growth, while the pound crept higher before Britain's parliamentary vote on its Brexit deal.
Investing.com - The British pound was in focus and traded slightly higher against the U.S. dollar on Tuesday in Asia ahead of a vote on U.K. Prime Minister Theresa May’s Brexit deal.
With more than a quarter old support-line pulling the GBPUSD up, 50-day SMA level of 1.2775 is likely to play its role of resistance soon, if not then 1.2900 mark, comprising 100-day SMA, followed by 1.3000 round-figure, may gain buyers’ attention. Should prices rise beyond 1.3000 on a daily closing basis, eight-month long downward slanting TL, at 1.3055, and the 200-day SMA level of 1.3165 seem crucial to watch. Alternatively, the 1.2600, the 1.2570 and the 1.2500 could try limiting the pair’s declines before highlighting the 1.2425 TL support for one more time. ...
2018 is coming to an end and the year has brought about major changes in the foreign exchange market. Great events shaped the market and influenced the major currencies.