DXY Index Sideways Grind Continues ahead of BOE, ECB Tomorrow

The US Dollar (via the DXY Index) has been treading water the past few days, essentially biding time since the start of September: the DXY Index closed at 95.10 on August 31, and at 95.10 is where it opened up today. While traders continue to discuss intense headlines regarding the US-China trade…

GBP/USD Holds Above 1.3000 Ahead of BoE: Can Bulls Sustain the Move?

Tomorrow brings a Bank of England rate decision, and after last month’s rate hike, expectations for new information are minimal. The bigger item around the British Pound at the moment is one of a more uncertain nature, as Brexit headlines continue to drive the flow in GBP. We discussed this last…

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