EUR/USD stuck in a range as traders wait and watch
Chris Cammack July 20, 2023 11:24 AM
For now, things are quiet. But as with all ranging currency pairs, things look more interesting from a technical standpoint.
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Chris Cammack is Head of Content at the FxScouts Group and is responsible for ensuring our content across all sites meets the exacting standards of quality and clarity that our readers expect; this includes shaping our editorial guidelines to fit the ever-changing world of online Forex trading and ensuring all broker reviews adhere to our strict review process.
Chris joined the company in 2019 after 10 years’ experience in research, editorial and design for political and financial publications. This background has given him a deep knowledge of international financial markets and the geo-politics that affects them. With a keen eye for editing and a voracious appetite for financial and political current affairs, Chris bring a publisher’s sense of precision and accuracy to all the content we produce. Chris has been trading Forex since 2012 and has a preference for the GBP/USD and the cTrader platform.
He also hosts the weekly podcast Let’s Talk Forex alongside Alison Heyerdahl, covering topics such as technical analysis, fundamental analysis, and trading psychology. His written work on macro-economics, the Forex industry and other factors affecting Forex trading and traders are frequently published in industry news outlets as well as traditional media.
Chris Cammack July 20, 2023 11:24 AM
For now, things are quiet. But as with all ranging currency pairs, things look more interesting from a technical standpoint.
Chris Cammack July 13, 2023 11:33 AM
The DXY Dollar Index finished the day down -1.08%, its largest fall since January. The Dow jumped over 200 points before correcting later in the day.
Chris Cammack July 6, 2023 12:51 PM
With a July interest rate rise now all but locked in for the US, we can expect a continued upside bias for the USD vs other major currencies.
Chris Cammack June 30, 2023 12:46 PM
At the ECB Forum on Central Banking in Sintra, Portugal, central bank leaders were unequivocal on the need for further monetary tightening. The DXY surged with the EUR/USD and GBP/USD hit particularly hard.
Chris Cammack June 19, 2023 12:24 PM
Inflation is expected to remain high in the UK, diverging from the Eurozone and USA, where inflation is falling rapidly. UK interest rates will continue to rise as a result, supporting the GBP in the medium term.
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