Individual currency strength indexes had more in the way of definitive trends today with good divergence in all currency pairs, bar the EUR/AUD. Fundamentals also played their part and we had the annoying 7am
The markets are very much ‘meandering’ with little economic data to stir the pot and major players who are still on holiday. This is reflecting in our currency indexes which themselves have little momentum
WELCOME TO OUR WEEKLY ROUNDUP & FRIDAYS DOM PROOF RESULTS. Coronavirus still dominates our economies with worreis of a second wave. So far this hasn’t properly materialised but the expectation is already building prices
A very fundamental start to our trading day with high UK and medium volatility German data (upgrade to high for the German Dax) at 7am, immediately putting a spanner in our technical Doms. Fortunately
ICS Balances were not favourable within our pairs today, with the only definitive currencies being a strong AUD and a weak USD. This made the AUD/USD a relentless long trend but owing to the