Did you buy the British Pound at its lowest level or at around 1.20?  This can be great news to you according to the Morgan Stanley Bank. Morgan Stanley said the British Pound’s continued weakness against the euro and against the dollar due to the Brexit might change, and the…

The euro continued to move lower and touched 1.1730 before it rebounded slightly after the U.S. job data. The EUR/USD was drifting lower toward 1.17 before the U.S. open.  It’s been nearly a 230-pip drop since December 1.  Even after the little rebound after the U.S. job data, the downtrend…

The euro soared today while the USD remained under pressure from the U.S. – China trade war tension and the much more reserved economic outlook comment from the Fed chair, Powell. The EUR/USD soared 100+ pips as fears and concerns about a trade war and a possible U.S. – Russia…