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Day: September 21, 2017
September 212017
Euro Rallies Against US Dollar on Mario Draghi Speech
The euro today rallied briefly against the US dollar after Mario Draghi‘s speech at the second annual conference of the European Systemic Risk Board in Frankfurt. The EUR/USD currency pair was on a recovery mode throughout today’s session after a major decline triggered by yesterday’s FOMC rate decision. The EUR/USD currency pair was on a recovery path today gaining about 74 points at the height of its rally as the euro gained against the US dollar. […]
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September 212017
Euro Rallies Against US Dollar on Mario Draghi Speech
The euro today rallied briefly against the US dollar after Mario Draghi‘s speech at the second annual conference of the European Systemic Risk Board in Frankfurt. The EUR/USD currency pair was on a recovery mode throughout today’s session after a major decline triggered by yesterday’s FOMC rate decision. The EUR/USD currency pair was on a recovery path today gaining about 74 points at the height of its rally as the euro gained against the US dollar. […]
Read more
September 212017
GBP/USD Trades Sideways After Post-FOMC Slide
The GBP/USD currency pair today traded sideways after a major down slide occasioned by yesterday’s FOMC statement, which outlined a hawkish tone. The release of the public sector borrowing by the Office for National Statistics had minimal impact on the British pound even as the US dollar held on to gains made yesterday. The GBP/USD currency pair traded in a narrow 45-point range with resistance being established around 1.3515 and support being established at 1.3470. The British […]
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September 212017
GBP/USD Trades Sideways After Post-FOMC Slide
The GBP/USD currency pair today traded sideways after a major down slide occasioned by yesterday’s FOMC statement, which outlined a hawkish tone. The release of the public sector borrowing by the Office for National Statistics had minimal impact on the British pound even as the US dollar held on to gains made yesterday. The GBP/USD currency pair traded in a narrow 45-point range with resistance being established around 1.3515 and support being established at 1.3470. The British […]
Read more