ATF Trading Room

GBP supplants the USD on the hot seat as Brexit negotiations lack progress

Bank of england

Solid gains against sterling helped the U.S. dollar bounce above multi-month lows. The greenback jumped about 1% against the U.K. pound after an EU summit failed to make progress on Brexit negotiations, spelling heightened uncertainty...


GBP pops on cautious optimism over a Brexit deal, EUR Hurt By Weak Data


Sterling catapulted above two-week lows on reports that Britain and Germany had softened their demands for a Brexit deal. While Germany reportedly refuted the news, it gave nascent rise to hopes that Britain would eventually reach a trade deal...


Forex News

USD Deepens Its September Slide as It Drops to New Two-Month Lows


The U.S. dollar crashed to new lows as it deepened a September slide. The mostly weaker dollar slipped to fresh multiweek lows against the euro and Canadian dollar and fell to its weakest in two months against the data-powered British pound...


USD Kicks off the week on a back foot, EUR Climbs above 100-Day MA


The U.S. dollar slipped toward multi-week lows as trade tensions dominated, pushing to the side optimism over future growth prospects in the world’s biggest economy. The dollar weakened toward two- and six-week lows against the euro and sterling...


Forex Outlook

GS FX Research: EUR and CAD Trade Ideas


Looking at the trading session ahead, Goldman Sachs strategists prefer not to chase EURUSD lower as it has already approached 1.1720 support, but would sell on rallies to 1.1810 or on a break below 1.1700, with EUR to be well supported near 1.1665...


GS Research Top Trades- Position for growth in EM FX


As we wind down 2017, analysts at GS Research see the potential for stronger global and EM growth in the new year, that could boost emerging market currencies and could create USD, SGD and JPY short opportunities against the BRL, INR, and IDR...


Forex Research

Is Elliott waving goodbye to the U.S. dollar?

Currency Rates

Being a long-time observer of market dynamics one can`t help getting a sense of déjà vu when looking at the chart of US dollar index as it bears a very familiar Elliott Wave price structure to one seen not so long ago, which may surprise USD bulls...


The ‘Grand Old Party’ and the U.S. dollar


A close examination of past administrations, major events on the world stage which have occurred since the end of the 1960s, and the US dollar trends, can provide a great insight of what the future might have in store for the greenback...


Bloomberg TV