GBP/USD Daily Chart The British Pound rallied sharply after the FOMC meeting on Wednesday, with GBP/USD reaching its highest levels since February 2nd in early trading on Thursday. The move was driven largely by weakness in the US dollar. The Federal Reserve raised interest rates by 0.25% to a target range of 1.5% to 1.75% […]
NZD/USD Daily Chart The New Zealand Dollar fell below trend line support and the 200 period moving average ahead of the all important interest rate statements set to be announced on Wednesday by both the FOMC and RBNZ. Weaker commodity prices, risk aversion spurred by global trade uncertainties and strength in the US dollar have […]
GBP/USD Daily Chart The British Pound was boosted on Monday by news that the UK and EU have agreed on terms for a Brexit transition. GBP/USD powered above the key 1.40 psychological level, reaching its highest levels in over a month. Inflation data released early on Tuesday dampened the bulls slightly. UK Consumer Price Index […]
The Australia Dollar fell to its lowest level against the US dollar since December of 2017 in early trading on Monday. The recent move represents the largest drop in the Australian dollar since Brexit news forced it lower in mid-2016.