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Monthly Archives: May 2021
Attention turns to the US as it publishes a few pieces of crucial economic data. Investors flocked to the USD overnight, pushing paired currencies down. The EURUSD opened at $1.22473 and edged up to a high of $1.22625 mid-session. That
Attention turns to Australia after quite a volatile session yesterday in which cryptocurrencies were hammered. The euro and pound ended the session lower, thanks to a stronger USD. The EURUSD began the day at $1.22201 and lifted to a high
A smorgasbord of data is scheduled for release this week, providing traders plenty of opportunities on multiple products. The euro and pound both finished higher on Friday, thanks to a weakening USD. The EURUSD opened at $1.20790 and slipped to
Markets sold off overnight after much-stronger-than-expected CPI data was published in the US. Inflation came in at 0.8%, while core inflation soared to 0.9% (vs 0.2% and 0.3% respectively). This big beat sent US stocks into free-fall while investors piled
A packed schedule this week with a stack of important information set for release. The USD copped a whack late on Friday due to the poor jobs report, with the euro and pound both capitalising. The EURUSD opened Friday at
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