31 OCT 12:57
EURUSD breaches 50-day SMA despite economic contraction
At the time of writing, the euro is stronger against almost all of its G10 peers, except for the Swedish Krona (SEK). Also, USDJPY is tantalisingly close to posting a fresh one-year high.
17 OCT 11:21
GBPUSD at the mercy of UK/US data
GBPUSD has been dragged back below the 1.220 psychological level. The just-released UK wages data suggests that pay growth is easing, which may allow the Bank of England to hold back from proceeding with another rate hike.