Tag: eur/gbp

US Dollar Backtracks as FOMC, Data Weigh

The US dollar was back on its heels Thursday, as the Federal Reserve indicated that interest rates are unlikely to rise in June, while...

GBP/USD Rallies on UK Exit Polls

The GBP/USD surged on Friday, climbing above 1.55 for the first time since February after exit polls showed a narrow majority for the Conservative...

EUR/USD Supported by Rising German Business Confidence

Rising German business confidence supported the EUR/USD on Friday, outweighing heated negotiations between Greece and the Eurozone at this week’s Eurogroup meetings. The EUR/USD briefly...

GBP/USD Surpasses 1.50

The GBP/USD surged on Wednesday, climbing to its highest level since early March following unexpected dissent at the Bank of England. The GBP/USD traded at...

GBP/USD Hits 1-Month High

The GBP/USD advanced for a fifth consecutive day on Friday, as mostly positive UK employment figures capped off a strong weekly rally that saw...

GBP/USD Rallies amid Data Deluge

The British pound rallied against the US dollar on Tuesday, reversing nearly five-year lows following a deluge of economic data from the UK and...

EUR/GBP Tests New Lows Ahead of Data Deluge

The euro continued to drift lower against the British pound on Monday, as investors shifted their attention to a deluge of economic data and...

GBP/USD Resumes Downtrend

The GBP/USD declined for a second consecutive day on Friday, as weak economic data further diminished the likelihood the Bank of England would consider...

GBP/USD Approaching 5-Week Lows as Wage Data, BOE Minutes Weigh

The British pound declined sharply against its US counterpart on Wednesday, as tepid wage growth and a dovish Bank of England pushed the GBP/USD...

Forex Trading Golden Rules Part 1: Always Pair Strong With Weak

In any contest, there is almost always a favourite. Sometimes, competitors will be quite evenly matched, but more often than not there is one...

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