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USD traded lower against several currencies on Monday

USD weakens widely on Monday but strengthens against the JPY BOE could increase interest rates this week Fed not expected to announce rate increase A brief look at the major currency pairs in the forex market shows that the best performer was the CHF, while the JPY ended at...
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Eurozone

EUR/USD remains vulnerable to downward pressure

Core German data could bring more direction to the market The nearest support level is at 1.1527 1635 is the closest resistance level The EUR remains in a rather vulnerable position right now. Yesterday, the EUR/USD traded in the region of 1.1550 in the run-up to the release of...
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