Alpesh Patel

Major currency pairs on a turning point on an event-packed week, will trends continue or fade out? MORNING BRIEF Major currency pairs had a quiet last day of the week on Friday as we had no significant changes in their technical outlooks. The Euro missed the chance to gain even more against the Dollar as […]

Better than expected inflation data from Germany send the Euro higher, will today’s news lift the currency even more? MORNING BRIEF We had an overall quiet trading day yesterday with even more gains for the Euro and the Pound. The European currency crawled above the 1.3600 mark to reach 1.315 lifted by the better than […]

Mixed performances for the majors as Dollar gains back some ground supported by strong economic data MORNING BRIEF Yesterday was a day of mixed performance for the major currency pairs we track each day. Euro and Cable extended their gains over the US Dollar over the morning session only to give back some of the […]

Euro and Cable gain versus the Dollar as Consumer Confidence drops in the US, pushing tapering into 2014 MORNING BRIEF Dollar was in the backseat yesterday recording losses against the Euro and the Pound after the disappointing Consumer Confidence report was released. The US currency was affected by the weaker than expected printing in confidence […]

Dollar gains against other majors over the deal on Iran, is this the start of a major trend shift? MORNING BRIEF Major currency pairs started the week by giving back some of the gains they got during the previous one. Euro and Cable fell against the US Dollar as investors increased their holdings in the […]

High-beta currency pairs end the week higher, will Dollar weakness continue during this week as well? MORNING BRIEF Currency markets worldwide had a rollercoaster ride last week with high volatility and changes in direction. Both the Euro and the Cable, the two major currency pairs we are tracking every day on our report, demonstrated wild […]

Euro and Pound bounce back up against the Dollar as traders understand that nothing has changed in the Dollar’s outlook MORNING BRIEF Dollar has baffled investors and traders the last two days with its erratic behavior after the US currency gave back most of its Wednesday’s gains against the Euro and the Pound yesterday. The […]

FOMC minutes send Dollar skyrocketing against other majors, but what really changed to cause this rally? MORNING BRIEF Dollar gained back a significant part of the ground it had lost over recent sessions yesterday after the release of the FOMC minutes. The voting members expressed their optimism over the recovery in the domestic economy and […]

Dollar falls against other majors as markets’ attention turns to the US Retail Sales, FOMC minutes’ releases for guidance MORNING BRIEF The US Dollar had a mild retreat yesterday against its major counterparts as investors are preparing for today’s important news releases. The Euro rose versus the buck at 1.3580 while the Pound continued to […]

Dollar’s retreat to benefit Euro and Pound, investors turn their focus to the ZEW survey for more information MORNING BRIEF It has been a quiet trading day yesterday with low volatility across major currency pairs. The Euro and the Pound benefited from the continued Dollar weakness with the European currency reaching as high as 1.3540 […]