FOREX PERCEPTION

Interpreting the forex market is science. Our technical analysts and fundamental experts deliver key insights featuring leading forex-related topics.

19 Feb 2021

FOREX PERCEPTION

Pound Sterling hits 3-year high of $1.40 on hopes for faster vaccine-led economic recovery

Pound Sterling hit its highest in over three years of $1.40 on Friday morning, gaining support from the bullish momentum on the Pound since the beginning of 2021, led by...

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03 Feb 2021

FOREX PERCEPTION

US dollar rises to 2-month highs on improved fundamentals and Euro weakness

The DXY index which tracks the US dollar against a basket of six major currencies (Euro weights 60% on the index), rises to 2-month highs of 91.25, amid hopes for...

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31 Dec 2020

FOREX PERCEPTION

US dollar set to finish 2020 at 2.5-year lows

The US dollar ends 2020 in a downtrend momentum against major currencies as investors move away from the safety of the greenback, betting on the global economic recovery in 2021 and the continued US...

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24 Dec 2020

FOREX PERCEPTION

UK assets under pressure on concerns over a new modified Covid-19 strain

The UK assets opened the week with significant losses on concerns over a fast-spreading coronavirus strain in the country and little progress on a post-Brexit trade...

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11 Dec 2020

FOREX PERCEPTION

Euro rises above $1.21 on fresh PEPP stimulus by European Central Bank

The European Central Bank (ECB) eased its policy once again on Thursday by increasing the overall size of its Pandemic Emergency Purchase Program (PEPP) by €500...

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03 Dec 2020

FOREX PERCEPTION

Euro trades above 1.20 while the US dollar drops to 2-year low

Forex traders are positioning their funds to more risky currencies following the latest vaccine optimism, the growing hopes for more stimulus plans, and the ongoing rally in the global stock markets...

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