On balance, the dollar continues to consolidate despite some choppy price action, with traders expecting range trading to continue into the G-7, despite…
| Tagged Daily Analysis |
The British pound weakened against its currency counterparts this week as the Bank of England forecasts the economy to contract 4.0% in the first quarter,…
| Tagged Daily Analysis |
Euro Zone Industrial Production headlines a thin economic calendar in European hours but traders are likely to have priced in the dismal state of manufacturing…
| Tagged Daily Analysis |
The U.S. retail sales report is expected to show that consumer spending declined by 0.8% in January after a 2.7% drop the month prior. It would mark the…
| Tagged Daily Analysis |
One currency pair that does seem to be trending right now is the AUD/NZD.
| Tagged Daily Analysis |
Australian data revealed a labor market that has weakened more than expected during the month of January. Indeed, the unemployment rate rose to 4.8%, the…
| Tagged Daily Analysis |
Australians’ expectations of future price growth have fallen to the lowest level in 10 years as slowing global economic activity is forecast to continue…
| Tagged Daily Analysis |