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Another firm session of the Greenback put the risk complex under further pressure, sending the USD Index (DXY) to flirt with the upper end of the recent range and EUR/USD to the sub-1.0800 region, all amidst the emergence of usual pre-FOMC cautiousness.

The GBP/USD is under pressure amid a busy week in the economic calendar, with central bank decisions on the line, led by the US Federal Reserve (Fed) and the Bank of England (BoE).

What might a breakout above the 200-day moving average and the 38.2% retracement encourage bulls to do? Confirming the Breakout What combination of technical factors encouraged the buyers to take action? What did the bulls' northward march leave behind on the chart? How high can the price soar in the coming week? If these (or […]

In Monday's session, the EUR/GBP pair is trading at 0.8520, reflecting a 0.23% decline.

The US Dollar (USD) is split in half with on the one hand the Greenback up against the import dependent nations and currencies like the eurozone (EURUSD), Scandinavia (USDSEK and USDNOK) and Central Europe (USDPLN). Meanwhile, oil

United States Dallas Fed Manufacturing Business Index fell from previous -9.3 to -27.4 in January

The EUR/USD extends its losses on Monday, with buyers scrambling to keep the exchange rate above the 1.0800 figure amid a quiet trading session ahead of Wednesday's US Federal Open Market Committee (FOMC) decision.

There is a lot more uncertainty in the market right now, and despite reaching a new record, the uptrend is no longer as evident.

The USD/CHF pair discovers buying interest near the round-level support of 0.8600.

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