British Pound (GBP) Latest: GBP/USD Treading on Support, UK Retail Sales Beat Lowly Expectations

UK retail sales picked-up in May, according to the latest ONS data, but remain sharply lower on an annual basis. Sterling has found a small bid and needs to consolidate going into the weekend.

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EUR/USD May Break Down Despite Record 1.3 Trillion in ECB Cash

EUR/USD may break down despite a record 1.3 trillion ECB cash injection as technical studies suggest a push lower through temporary chart support may be on the cards.

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EUR/USD May Break Down Despite Record 1.3 Trillion in ECB Cash

EUR/USD may break down despite a record 1.3 trillion ECB cash injection as technical studies suggest a push lower through temporary chart support may be on the cards.

from DailyFX – Market News https://bit.ly/2YbRF1A
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Core-Perimeter Trading Model: US, Eurozone & China

The Core-Perimeter framework allows traders to understand the macro-fundamental interactions between powerhouse economies and their perimeter counterparts, offering valuable insight on how to trade…

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US Dollar May Rise Versus Rupiah, Bank of Indonesia Could Intervene

The US Dollar could still rise against the Indonesian Rupiah if a second wave of the coronavirus boosts USD/IDR. Expect aggressive efforts from the Bank of Indonesia to intervene.

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