In April/May the EURUSD dropped by almost 900 pips. Since then the price is moving sideways. Maybe the fed chair Jerome Powell can bring some impulses.
The discussion about the Brexit decreased. However, uncertainty remains. In order to limit the risk of inflation, Carney announced a rate hike for this year
The EURUSD broke out of the consolidation pattern and has been falling the past days. Also due to the European Central Bank, which is delaying a tapering.
Despite the tense political situation the USDJPY was able to recover in the past weeks. Now it reaches an resistance at a Fibonacci Retracement.
The situation in Syria is getting more tense and this burdes the markets. Subsquently, the EURUSD continues to move sideways.
After the rally, the EURUSD consolidates in a side ways phase for a couple of weeks. The fed raised the interest rates but did not provide any news.
After the rally, the EURUSD consolidates in a side ways phase for a couple of weeks. Will the upcoming FOMC meeting bring new impulses?
Inflation fears and political disputes caused some turmoil on the markets, thus theGgerman DAX fell by 13%. Will it rise again?
The US dollar lost in value against most currencies. One of the reasons for this, was the government shutdown, which only lasted 69 hours.
At the beginning of the week there was a minor correction in the EURUSD, which fell below 1.2000 just to reach a new 3 years high a few days later.