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GBP has moved away from last key resistance $1.2520, climbing to the  1.29 level overnight. The euro obtains the smile and pushes the pair  EUR/USD back to the mid-1.1700s. The dollar index this morning is  trading 0.2% lower at 93.507, not far removed from the 93.448 low last  seen in May 2018. Dollar/Yen is down 0.1% at 104.97.

GBP/USD revisits sub-1.2900 area amid US dollar pullback. EUR/USD drops  to 1.1722 from 1.1773 on broad-based dollar recovery.  Dollar Index was  up 0.2% at 93.810. USD/JPY was up 0.2% at 105.58

The heavily offered tone surrounding the USD assisted GBP/USD to add to  last week’s gains. The bullish bias around the European currency remains  well and sound for yet another session on Monday, this time lifting  EUR/USD to fresh tops above 1.17 the figure. The U.S. Dollar Index  slipped 0.47% to 93.933, continuing its slide from Friday.

GBP/USD has been benefiting from upbeat UK retail sales but US-China  spat is taking their toll. EUR/USD regains 1.16 as German Preliminary  Manufacturing PMI betters estimates with 50.0 in July. The Dollar Hits  22-Month Low Amid Recovery Concerns, trading at 94.627.

GBP/USD bounces off intraday low of 1.2723, stays inside 20-pips range  since late-Wednesday. EUR/USD stays bid and looks to retest the 1.1600 mark.  The dollar weakened in early European trade Thursday, with signs of a  recovery in Europe boosting sentiment despite heightened tensions  between the U.S. and China. The Dollar Index was down 0.1% at 94.808,  just off the fou...

The GBP/USD pair is heading back towards 1.2700 amid a fresh round of  selling seen in the US dollar across the board, as the risk sentiment  improves in Europe.  EUR/USD jumped to fresh multi-month highs on Tuesday after the European  Union reached a historical deal on the €750 billion coronavirus recovery  fund. The Dollar Index was down 0.1% at 95.718, having earlier tr...

The GBP/USD pair is heading back towards 1.2700 amid a fresh round of  selling seen in the US dollar across the board, as the risk sentiment  improves in Europe.  EUR/USD jumped to fresh multi-month highs on Tuesday after the European  Union reached a historical deal on the €750 billion coronavirus recovery  fund. The Dollar Index was down 0.1% at 95.718, having earlier tr...

GBP/USD drops to 1.2520, down 0.37% on a day while heading into the London open on Monday. EUR/USD has started the week on a positive foot and is lifting to the 1.1465/70 band, new three-month peaks Dollar Index was flat at 95.925, near the four-month low it posted last week, while USD/JPY was up 0.3% at 107.27.

GBP/USD escalates the recovery moves to 1.2570, up 0.15% on a day, while heading into the London open on Friday.  EUR/USD is showing no changes on the day as trades at 1.1384. The U.S. Dollar Index was up 0.01% to 96.278.

GBP/USD has been on the back foot as weaker parts of economic indicators  take priority. US Retail Sales, BoE speculation and coronavirus figures  are of interest. Support awaits at 1.2535, which is where the 200 SMA  hits the price. EUR/USD is managing well to keep business around the 1.14 neighbourhood  despite posting small losses so far in the second half of the week. The d...

The GBP/USD pair maintained its bid tone near session tops, around the 1.2580 region and moved little post-UK inflation figures. EUR/USD has backed off from one-month high at 1.1422 reached during the early Wednesday. The dollar index, which tracks the greenback against a basket of six other currencies, was down 0.1% at 96.093.

GBP/USD has retreated from the 1.2650 level to 1.2500 level. EUR/USD  targets the June and July highs at 1.1374/1.1422 – Commerzbank. The  dollar index was up 0.2% at 96.547. USD/JPY was up 0.1% at 107.31.

GBP/USD takes the bids near 1.2655, up 0.27% on a day. EUR/USD is fast  closing on the 200-week simple moving average (SMA) hurdle at 1.1333  The dollar index slipped 0.2% in early Monday trade to 96.452.

GBP/USD consolidates the downside as the cable was capped by the  1.263/93 resistance. The single currency has come under renewed selling  pressure in the last couple of days, forcing EUR/USD to recede from  multi-week tops around 1.1370 to Friday’s lows near 1.1250. DXY was up  0.3% at 96.915.

GBP/ USD refreshes three-week high while extending the latest pullback  from 1.2600 as the cable is trading around 1.2645, up 0.27% on a day. EUR/USD pair is gaining 0.23% at 1.1355 though Thursday's 4-hour chart  is pointing to; USD/CNY pair slid 0.2% to 6.9878.

GBP/USD holds up around 1.2550 ahead of Sunak's speech, Brexit Optimism,  EUR/USD capped under 1.13 as Lagarde hints at inaction, Dollar Index  Up.

GBP/USD recovers from 1.2490 as US dollar fades upside momentum. EUR/USD is now trading below the 1.13 level after having failed at the 1.1350 resistance for a third time. The dollar index, was up 0.2% at 96.896.

GBP/USD extends Friday’s recovery gains from 1.2438 amid broad US dollar weakness to 1.2496 as registers 0.13% gains. EUR/USD climbs to fresh 2-day tops near the 1.1300 mark; Dollar Index down.

GBP/USD drops 0.13% to 1.2453, having hit a daily low of 1.2438. EUR/USD: Base at the 1.12 level suggests another leg higher – OCBC The dollar index was down 0.1% at 97.203, while USD/JPY was flat at 107.50.

Euro zone is expected to show a rise in the unemployment rate to 7.7% from 7.3% in April. U.S. crude futures traded 1.2% higher at $40.30 a barrel. The international benchmark Brent contract rose 1.3% to $42.58. Gold futures were largely flat at $1,780.25/oz. GBP/USD has just emerged above 1.25, up 0.25% on a day EUR/USD picks up pace and approaches 1.1300 Dollar on the defensive in early European...

GBP/USD: Positive comments from Barnier unable to demolish the 1.24 barrier – OCBC Bank EUR/USD: Hardy double-bottom at 1.1190 provides support

EUR/USD traded at 1.1216, down 0.2%. GBP slides under $1.23 ahead of UK PM Johnson speech; US Dollar edges higher before quarter-end  GBP / USD 1.2261 GBP / EUR 1.0932 EUR / USD 1.1219 GBP / JPY 132.08 GBP / CHF 1.1673 GBP / CAD 1.6770 GBP / AUD 1.7884 GBP / NZD 1.9150 GBP / CNY 8.5901 GBP / SGD 1.7119 GBP / ZAR 21.161

Europe Edges Higher; DAX Outperforms Airbus stock climbed 1.3% despite a 40% drop forecast Oil prices fell back; Chesapeake Energy to seek bankruptcy protection U.S. crude futures traded 1.6% lower Lagarde Says The Worst Is Over. Time To Panic? Sterling on track for a dismal month. Euros zipping off the presses. Dollar up on fear factor.  GBP / USD 1.2360 GBP / EUR 1.0985 EUR / USD 1.1250 GBP...

FX MARKET REPORT 24.06.2020 Wednesday

FX MARKET REPORT 23.06.2020 Tuesday