EURGBP

New York (CNN Business)Lab-grown diamonds have become so popular with consumers that some couples are asking jewelers to swap the natural diamond in their rings for a lab-created sparkler. "Just last week we had three or four couples who've been married for a few years come to us to upgrade the diam

Daily Currency Update The Aussie dollar is slightly weaker this morning when valued against the greenback. On Friday the Australian dollar dropped against the US Dollar following the release of a positive employment report in the United States which showed an increase in wages, pressuring the Federa

What is the US Dollar Index? The US Dollar Index (DXY, DX, USDX) measures the value of the United States dollar relative to a basket of other currencies, including the currencies of some of the US’s major trading partners. The Dollar Index rises when the US dollar gains strength compared to the othe

Possible upward movement of the pair. Price is currently in the trading zone with significant volume holding a significant stop near the pivotal 55 period EMA in my strategy for trend continuation analysis. I see a pattern known in my strategy as the ABC pattern, which indicates a range close to the

Prices are on bullish momentum and abiding by our ascending trendline support. We see the potential for a bounce from our buy entry at 1.10025 in line with 61.8% Fibonacci Projection towards our Take Profit at 1.11293 in line with 78.6% Fibonacci Retracement . Ichimoku clouds are forecasting the bul

Review and preview Investors are trying to assess how officials will balance the need to tame inflation with concerns over a potential recession. U.S. consumer inflation accelerated to 9.1% in June, a pace not seen in more than four decades, boosting expectations among traders that the Federal Reser

First, let us have a look at the four hour chart down the bottom of your screen. There, you can see as per previous drawing (linked below this chart) that we have had that little pop up and then a pull back into our demand area. Now while it is on a 1-2-3 move to the downside, we definitely could se

At 5.00 am ET Tuesday, European Commission releases economic sentiment survey data. The euro area economic confidence is forecast to rise to 89 in September from 87.7 in August. Ahead of the data, the euro traded mixed against its major counterparts. While the euro held steady against the the greenb

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