Fundamental Analysis

The pair is expected to find support at 1.2384, and a fall through could take it to the next support level of 1.2334. The pair is expected to find its first resistance at 1.2514, and a rise through co...
Fundamental Analysis

The FOMC statement met market expectations that its policy setting would remain unchanged. The Fed prefers to take decisions at meetings where new forecasts are available and a press conference is sch...
Fundamental Analysis

The Fed has articulated its concerns about the low level of inflation in the US, which lessens the likelihood of a December rate hike. The US dollar then dropped against the other major currencies in ...
Fundamental Analysis

EUR/USD pulled back towards the 1.1600 level early on Wednesday, ahead of the potentially pivotal Fed statement to be issued later in the day at the conclusion of this week's two-day FOMC meeting. The...
Fundamental Analysis

Economic growth in the United Kingdom remained modest in Q2, growing at a 1.2 percent annualized rate over the quarter. Monthly data suggest that a deceleration in consumer spending has played a role ...