Monthly Archives: January 2021

US growth data eyed

January 28, 2021

A big day coming up for markets as the Fed Reserve leaves rates on hold. The USD strengthened overnight as markets sold off, sending paired currencies down. The EURUSD opened the day at $1.21590 and edged up to a high

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Fed meeting looms

January 27, 2021

The Fed Reserve meets during a session dominated by data from the US. The euro and pound made gains overnight as the USD weakened throughout the latter part of the session. The EURUSD began the day at $1.21360 and slid

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The week ahead

January 25, 2021

A smorgasbord of data is scheduled for release this week, with the US coming into focus. The EURUSD was reasonably flat on Friday after beginning the day at $1.21588. The pair climbed early before falling away to lows of $1.21510

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BoC meeting looms

January 20, 2021

A stack of data is scheduled for release today, while Canada’s central bank meets to discuss interest rates. The USD weakened overnight, sending paired currencies higher. The EURUSD began the day at $1.20741 and slipped to a low of $1.20717

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Busy week ahead for markets

January 18, 2021

Plenty of data is scheduled for release this week as the US prepares for a change in administration. The USD gained in strength on Friday, sending paired currencies down. The EURUSD began the day at $1.21493 and ticked up to

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