Monthly Archives: February 2018

GBP/USD extends drop amid dollar rebound and Brexit stalemate lingers

I am not going to bore you with Brexit again but it is continuing to dominate the domestic headlines. The EU has published a draft Brexit treaty today, in which it has proposed a “common regulatory area without internal borders” on the island of Ireland covering customs, VAT, energy, agriculture and…

Trading Outlook for USD-pairs, GBP/JPY, and Euro & Yen Cross-rates

Several major USD-pairs are at pivotal spots, including GBP/USD (13860/790), AUD/USD (7780/30), NZD/USD (7217/174), USD/CHF (9420/70), and USD/JPY (10732/90). EUR/USD, which is at a major focal point right now, as well. EUR/USD is currently trading around an important slope extending over from May…

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