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Friday 19th July: Greenback exploring ground beneath 97.00 as Federal Reserve member Williams surprised markets.
Key risk events today: UK Public Sector Net Borrowing; Canadian Core Retail Sales m/m and Retail Sales m/m; US Prelim UoM Consumer Sentiment; FOMC Members Bullard Rosengren Speak. EUR/USD: Federal Reserve member Williams surprised markets Thursday with an extra dovish rendition, stating its better to take preventative measures on rates than to wait for a … Continue reading Friday 19th July: Greenback exploring ground beneath 97.00 as Federal Reserve member Williams surprised markets.
Thursday 18th July: Pound buoyed by 1.24 ahead of retail sales data.
Key risk events today: UK Retail Sales m/m; BoE Credit Conditions Survey; G7 Meetings; Philly Fed Manufacturing Index; FOMC Member Williams Speaks. EUR/USD: The dollar recoiled Wednesday after achieving strong gains on Tuesday following better-than-expected monthly retail sales data. Europe’s single currency, on the other hand, challenged H4 support between 1.12/1.1211 (comprised of the 1.12 … Continue reading Thursday 18th July: Pound buoyed by 1.24 ahead of retail sales data.
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