Sterling rises on better than expected unemployment rate. Sterling is under bullish pressure on the improved sterling sentiment today after it was reported that UK’s official jobless rate rose to 5.0% in November
Euro falls on vaccine delays and German business sentiment. Euro is under bearish pressure today as the result of the medium-strength bearish euro sentiment – as the markets are starting to focus on
Sterling falls on weak retail sales data. The sterling under bearish pressure today as data showed retail sales recovered weakly in December after shops in England emerged from a November lockdown. Retail sales
AUDUSD rises on continued economic recovery. The Australian dollar resumed its persistent uptrend today as domestic data showed continued economic recovery. Australian data showed 50,000 new jobs were added in December - which
Sterling surges on rising inflation. GBPUSD rising under the effect of the predominantly bullish sterling sentiment and the continuation of the bearish US dollar sentiment. Sterling sentiment improved markedly when it was reported
EURUSD rebounds ahead of Janet Yellen’s speech. EURUSD under the dual effect of the bullish euro sentiment as well as the bearish US dollar sentiment affecting the FX markets at the moment. The
NZDUSD falls on soaring COVID-19 cases. NZDUSD under the strong bearish pressure today - as soaring COVID-19 cases offset investor hopes of a quick economic recovery, even after data showing that the Chinese
EURUSD falls on renewed U.S.-China tensions. EURUSD continues to decline as investors’ concerns about renewed U.S.-China tensions and a strengthening dollar kept most USD-linked currency pairs under pressure. This comes after U.S. president
NZDUSD rises on improved risk sentiment. NZDUSD under the bullish pressure today on improved risk sentiment after it was reported that President-elect Joe Biden will announce a stimulus package of $2 trillion, while
AUDUSD falls on recovering Treasury yields. AUDUSD under the bearish pressure today as stabilising U.S. Treasury yields helped the dollar trade back in positive territory today – after the 10-year Treasury yields fell
