GBP/USD clears overhead resistance

The GBP/USD 200 SMA, immediate resistance on 4-hour chart, was cleared in recent trading.Quoting below this dynamic hurdle for multilple sessions, GBP/USD is now targeting the 800-SMA on the upside.

Oct 2, 2015

USD/CHF falls sharply on weaker-than-expected NFP

The US dollar weakened sharply and faced a selloff wave following the release of lower-than-expected US nonfarm payrolls data.

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Oct 2, 2015

EURUSD: Draghi speech gave little evidence of stimulus, Euro range to stay - MUFG

Derek Halpenny, Research Analyst at MUFG, notes that ECB President Draghi spoke in New York yesterday but did not touch specifically on the outlook for monetary policy.

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