Monthly Archives: October 2020

Markets look to US data

October 22, 2020

A relatively quiet Thursday coming up, with only a small volume of data set for publication. The USD weakened overnight, sending paired currencies higher. The EURUSD began the day at $1.18204 and dipped to lows of $1.18188 shortly after the

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UK data in focus

October 21, 2020

Another busy session coming up, with focus turning to the UK. Currencies were a mixed bag overnight, with the euro making gains and the pound remaining steady. The EURUSD began the day at $1.17676 and dipped to lows of $1.17592

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RBA minutes eyed

October 20, 2020

Traders will be keenly awaiting the release of the latest RBA minutes amid speculation that Australia’s central bank may cut rates again. Euro and pound buyers would have been buoyed by the solid starts both currencies have had this week.

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A smorgasbord of data is scheduled for publication this week in what shapes up to be another busy one for traders. The EURUSD made small gains on Friday after commencing the day at $1.17064. It was flat early before dipping

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US data rounds out week

October 16, 2020

Focus returns to the US and the release of more crucial economic data. The USD continues to strengthen, sending paired currencies south overnight. The EURUSD began the day at $1.17445 and nudged up to a high of $1.17571 mid-session. The

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