foreign excahnge

Summary: EUR/USD breaks below 1.05. BoE’s and Fed monetary policy decisions due on during the trading week. GBP relying on the Fed’s quantitative tightening decisions. EURO is under pressure. The EURO lost more ground to the USD during the trading day on Tuesday, the price is sitting below 1.05. The first quarter of 2022 has not been positive for the EURO, with the Russia-Ukraine conflict still raging, the post-covid world, the hawkish Fed and lockdowns in China, are all putting pressure on the already weakening EURO. The market sentiment for this currency pair is mixed. EUR/USD Price Chart Read next: GBP: BoE Expected to Raise Yields, US Dollar (USD) Strengthens across the board - Good Morning Forex!  GBP sees strength against the EUR The GBP has strengthened against the EUR since the market opened this morning, however market sentiment is showing bullish signals. The strengthening of the GBP comes in anticipation of the Bank of Englands (BoEs) announcements due on Thursday, the market expectation is to see a hawkish BoE. If the BoE remains dovish, we could see the EURO bounce back. EUR/GBP Price Chart USD/CAD beats March high on Tuesday. The USD strengthened against the CAD on Tuesday, it's a busy week for the USD, the Federal Reserve is due to announce its monetary policy decision. The market sentiment for this currency pair is showing bullish signals, however, investor sentiment and confidence could easily be swayed in the coming days. USD/CAD Price Chart GBP shows strength against the USD. The Bank of Englands (BoE) monetary policy is the key driver for its small recovery against the USD, however the future of this currency pair lies in the decision of the Fed. The Fed is expected to begin the balance sheet reduction process through quantitative tightening could have adverse effects on the GBP. The market sentiment for this currency pair is bullish. GBP/USD Price Chart Read next: US Dollar (USD) Continues To Trump The EUR, BoE Expected To Increase Interest Rates, SNB Remains Dovish, South African Rand (ZAR) Performance  Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: Market sentiment turns bullish for the EUR/USD currency pair. Pound Sterling is facing selling pressure. Investor sentiment for the AUD changes. CHF/JPY finding a new trading range. Read next: US Dollar (USD) Expected To Strengthen As Investors Await Fed’s Interest Announcement (EUR/USD, AUD/USD), BoE are Expected To Raise Their Interest Rates (EUR/GBP), (AUD/USD) Showing Mixed Market Sentiment Signals, USD/CHF Is Bullish  ECB reveals the possible increase in interest rates in July The market sentiment on Thursday for this currency pair is showing bullish signals. On Wednesday the Federal Open Market Committee (FOMC) announced that there is a strong possibility that another 50bp hike in interest rates is possible, as the hawkish Fed continues in their fight against inflation. The bullish market sentiment comes with increasing investor confidence in the EUR after the European Central Bank (ECB) revealed that an increase in the interest rates could be possible in July. EUR/USD Price Chart Pound Sterling losing ground on the forex market The EUR/GBP currency pair is currently showing mixed market sentiment. The GBP is facing pressure against the EUR, this comes hours before the Bank of England (BoE) is set to announce interest rate hikes and the possibility of quantitative tightening plans (process of selling some of the bonds purchased under quantitative easing). The GBP has lost ground against most other currencies, reflecting the negative investor sentiment towards the Pound Sterling. In addition, investor confidence in the EUR has improved. EUR/GBP Price Chart AUD gains on JPY overnight Investor sentiment is currently showing bullish signals. The price of this currency pair strengthened since Wednesday as a result of the Reserve Bank of Australia (RBA) deciding to tighten their monetary policy. Investor sentiment for the AUD has turned positive, despite the recent losses faced by this currency. AUD/JPY Price Chart CHF/JPY signalling bullish market sentiment Both of these currencies are viewed as safe-haven currencies, due to their financial properties and low interest rates. Market sentiment is still bullish for this currency pair. The CHF/JPY tend to trade within similar ranges, which is unsurprising due to their similar fundamental characteristics, right now the currency pair is finding a new range to trade in. CHF/JPY Price Chart Read next: (EUR/USD) US Dollar Continues To Strengthen, BoEs Inflation Forecast and Economic Outlook Due On Thursday - Good Morning Forex! Sources: Finance.yahoo.com, poundsterlinglive.com, dailyfx.com

Summary: Between the Russia Ukraine war and the hawkish Fed, the EUR is battling to recover. Negative global investor sentiment is causing the GBP to struggle even more. EUR continues to strengthen against the CHF. GBP/JPY currency pair. The possibility of a recession in the EU looms. Since the market opened on Monday, the US Dollar has strengthened almost a further 0.5% against the Euro. Investor confidence in the Euro has plummeted as some investors believe that the Euro will eventually end up level with the US Dollar, this comes as Russia's attack on Ukraine continues and the EU oil embargo on Russia. Investors are concerned over the possibility of a recession in the European Union. In addition the hawkish fed increasing interest rates in their attempt to fight inflation is causing investors to turn from the EUR, which is further driving the price down. EUR/USD Price Chart   Read next: (EUR/USD) All Eyes On The US Bureau Of Labour Statistics’ Results Due On Friday, (EUR/GBP) Bleak Economic Outlook For the UK Sends GBP Spiralling - Good Morning Forex!    EUR showing strength against the GBP Since the market opened on Monday, the EUR has strengthened against the GBP. The weakening of the pound sterling to the EUR comes after the Bank of Englands (BoEs) cautious interest rate hike in the midst of negative global investor sentiment. However, market sentiment for this currency pair is showing mixed signals. According to poundsterlinglive.com, any near future strengthening in the GBP is likely to be short lived. EUR/GBP Price Chart CHF losing more ground to the EUR On Monday the market sentiment for the EUR/CHF currency pair was reflecting a bullish signal. With the Swiss National Bank (SNB) refusing to tighten their monetary policy, the EUR has been strengthening against the CHF over the past month and will likely continue to do so. EUR/CHF Price Chart Pound Sterling attempts recovery against the JPY Despite the lack of investor confidence in the Pound Sterling, the GBP has still strengthened against the JPY on Monday, with market sentiment showing bullish signals for the future. The strengthening of the GBP has been very small. The positive price change comes in an attempted recovery after the Yen strengthened against the Pound Sterling last week amidst the BoEs announcements. GBP/JPY Price Chart   Read next: (EUR/USD) ECB Reveals The Possibility Of Interest Rate Increases In July, Negative Investor Sentiment Towards The GBP, Investor Sentiment Turns Bullish For The AUD/JPY Pair - Good Morning Forex!    Sources: poundsterlinglive.com, finance.yahoo.com, dailyfx.com

Summary: Euro gained slightly against the USD after the poor performance of the US markets on Monday. Goldman Sachs placing their confidence in the value of the EURO. JPY gains slightly against the EUR and USD on Tuesday. Read next: (EUR/USD) US Dollar Continues To Trump the EUR, (EUR/GBP)(GBP/JPY) Pound Sterling Unlikely To Recover Anytime Soon.  EUR gains some ground against the USD. Markets turned around on Monday with the EUR/USD currency pair with market sentiment showing bullish signals. The Euro is gaining value despite the surging US Dollar, at the end of the trading day on Monday Wall Street has tanked with the Nasdaq down 4.29%. As investors turn away from risky assets such as forex, and move to safer investments such as treasuries, the value of the US Dollar is facing potential pressure. Investors are concerned around the Feds shrinking balance sheet as liquidity dries up. EUR/USD Price Chart Pound Sterling losing value against the Euro. On Tuesday, Goldman Sachs bet the EUR will continue to gain against the GBP, as the market for the EUR/GBP currency pair continues to reflect a bullish sentiment. The European Central Bank (ECB) seems intent on raising interest rates by the summer, showing a more hawkish attitude than the Bank of England (BoE) who believe that inflation will return to normal levels on its own. This BoE attitude is causing investors to lose confidence in the Pound Sterling and causing its value to decrease. EUR/GBP Price Chart JPY receives momentary relief from the USD Although the JPY has gained on the US Dollar on Tuesday, the USD/JPY currency pair is reflecting a bullish market sentiment. The strengthening against the USD comes after the carnage the US markets saw on Monday. Whether or not this strengthening will continue is unlikely as the Bank of Japan (BoJ) continues their monetary easing in their attempt to boost the economy. USD/JPY Price Chart JPY markets best performer on Monday The EUR is losing ground to the JPY during the trading day on Tuesday, the EUR/JPY currency pair is reflecting a mixed market sentiment. As risk averse investors fled to safety assets given the US markets performance, the Japanese Yen was the forex markets top performer on Monday, which gave it the chance to strengthen against the EUR and the USD. EUR/JPY Price Chart Read next: (EUR/USD) All Eyes On The US Bureau Of Labour Statistics’ Results Due On Friday, (EUR/GBP) Bleak Economic Outlook For the UK Sends GBP Spiralling - Good Morning Forex!  Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: The US Dollar's resilience in the current economic world. The future of the greenback is unknown.   Read next: (DOGE) Dogecoin and Musk - How Elon Musk Has Single Handedly Created Price Changes In This Memecoin.    Whilst almost all other assets on the stock market have lost value this year, there is one asset that has done well; the US Dollar. Since the start of the year the USD has strengthened continually against most other currencies, this is demonstrated in the graph below, where we see the gradual strengthening of the US Dollar over the past five months. This year in the stock markets has been challenging, with the conflict between Russia and the Ukraine, the adverse weather conditions all over the world, the lockdowns in China as the Chinese government works toward the zero-Covid goal, the rising inflation and prices, the concerns over a looming recession and more. Despite these factors, the US Dollar has still seen strength, this indicates the confidence that market participants have in the US economy to overcome these challenges. Where the currency will go in the future is uncertain, the volatility of the forex market is always keeping investors on their toes. The next big possible turning point is the U.S CPI report due on Wednesday, this will indicate whether the hawkish fed have been successful in their fight against rising prices and inflation. EUR/USD Price Chart   Read next: Shell (SHEL) Stock Price Soars Along With The Rest Of The Industry.    Sources: finance.yahoo.com

Summary: US Dollar sentiment awaits CPI report. EUR continues to strengthen against the Pound Sterling. JPY safe-haven is attractive to investors. Read next: (EUR/USD) Wall Street Tanks, Allowing the Euro To Slightly Recover, (EUR/GBP) Goldman Sachs Betting Against GBP, JPY Gets The Better Of The US Dollar And EUR - Good Morning Forex!  EUR gains slightly on the US Dollar For the trading day on wednesday, the EUR/USD currency pair is reflecting mixed market signals. The Euro remained stable today after Germany announced their April inflation amount was 7.4%, which was inline with forecasts. The German announcements have investors hoping the European Central Bank (ECB) comments today will come with a more hawkish tone. The market sentiment remains mixed as investors await the U.S CPI report due later today. EUR/USD Price Chart GBP not seeing price relief against the Euro Market sentiment for this currency pair is reflecting bullish signals. Investors are tending to go net long on this currency pair as they expect the Euro to continue to strengthen. The Pound sterling value does not seem to be receiving any relief from its current price fall. Despite the Bank of Englands (BoE) 1% increase in interest rates in May, the other economic forecasts made spooked investors away from the currency. EUR/GBP Price Chart JPY safe-haven currency becomes more attractive The market is reflecting bearish signals for this currency pair. As the adverse wider economic conditions continue, investors are turning away from riskier assets, the Japanese Yen is considered a safe-haven currency, making it an attractive investment for risk averse investors. Hence, the investor sentiment is driving the price of the JPY upwards and therefore the price of this currency pair downwards. EUR/JPY Price Chart Bearish sentiment for the Pound Sterling continues The market is reflecting bearish signals for this currency pair. The USD continues to get stronger and the GBP continues to weaken in the overall market. The GBP has seen some relief against the USD on Wednesday, but the longevity of this trend is unlikely. GBP/USD Price Chart Read next: (EUR/USD) US Dollar Continues To Trump the EUR, (EUR/GBP)(GBP/JPY) Pound Sterling Unlikely To Recover Anytime Soon.  Sources: dailyfx.com, finance.yahoo.com, poundsterling.com

Summary: Euro showing upside potential. UK economic data exceeds market expectations. SNB turns hawkish, which acts in favour of the CHF. Investors turning to JPY in times of market uncertainty. Read next: (EUR/USD, EUR/GBP) Market Participants Betting On A More Hawkish ECB, A Dovish BoJ Weighs On The Safe-Haven Currency (USD/JPY) - Good Morning Forex!  The US Dollar is likely to experience volatility during the next trading week. Market sentiment for this major currency pair is reflecting a bullish market sentiment. The next trading week is full of economic data releases which are likely to impact the US Dollar, on Thursday the Fed’s preferred inflation reading PCE will give the market an indication of the growing pressures in the U.S. The Euro is also showing upside potential as investors expect the European Central Bank (ECB) will tighten their monetary policy during the summer. EUR/USD Price Chart UK retail data exceeds market expectations. Market sentiment for this currency pair is showing mixed signals. The GBP saw a positive market turn around on Friday after a positive market turnaround. UK sales volume data raised by 1.4% in April following a fall of 1.2% during March. The data release exceeded the market expectation of -0.2%. The data shows that UK households are showing resilience in the current economic environment. EUR/GBP Price Chart CHF rallies on Friday Market sentiment is showing bearish signals for this currency pair. On Thursday the Swiss Franc began to rally after the president of the Swiss National Bank (SNB) announced that they are ready to act on the rising inflation which is currently at 2.5%. EUR/CHF Price Chart GBP/JPY currency pair Market sentiment is showing bearish signals for this currency pair. This currency pair is sensitive to risk appetite, as investors begin to turn away from risky investments, the JPY tends to strengthen due to its safe-haven asset. GBP/JPY Price Chart Read next:Major Index NASDAQ (IXIC) Sell Off After Equities Fall, Will the ECB Turn Hawkish?  Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: The ECB turning hawkish is causing the Euro to strengthen. Disappointing PMI data caused the GBP to weaken. Hawkish SNB offers CHF support. Read next: ECB Offering The Euro Support (EUR/USD), Strengthening Of The Renminbi Supporting The EUR and GBP, SNB Turns Hawkish (EUR/CHF) - Good Morning Forex!  Euro trumps US Dollar Market sentiment for this currency pair is reflecting bullish signals, which means investors are confident in the Euro. The strengthening of the Euro comes after the European Central Bank’s (ECB) President Christine Lagarde confirmed market expectations that the ECB would raise interest rates in July. The hawkish sentiment of the ECB has instilled investor confidence in the Euro, despite the continuing hawkish Fed, investors are still turning to the Euro due to concerns around the US economy falling into a recession. EUR/USD Price Chart Pound Sterling Weakens after PMI data release The Release of PMI data showed that the UK economy was close to contracting in May, the results came in well below expectations, a figure that is out of the ordinary. The Pound Sterling weakened based on this news and JP Morgan has flagged the UK economy as the “poster child” for stagflation. The market sentiment for the EUR/GBP currency pair is reflecting bullish signals. EUR/GBP Price Chart Swiss Franc continues to trump US Dollar Market sentiment for this currency pair is reflecting a bearish sentiment. Late last week and this week the Swiss Franc began strengthening against the US Dollar, this comes in the wake of both the concerns around the slowing US economy and in conjunction the hawkish attitude from the Swiss National Bank (SNB). USD/CHF Price Chart AUD/JPY currency pair Market sentiment for this currency pair is reflecting bullish signals. This currency pair has experienced a lot of volatility over the past week. In addition there is a temporary pause in the growth of the JPY as investors are starting to be less weary about taking on some risk. AUD/JPY Price Chart Read next: (DJIA) Dow Jones Index Rising, Investors Confidence In The Euro Is Looking Bullish As ECB Confirm Interest Rate Increases  Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: EU PPI inflation data caused the Euro to weaken on Wednesday. Investor sentiment looks poor towards the GBP going into summer. Pound Sterling recovers against the US Dollar. Read next: Hawkish ECB Bodes Well For The Euro, UK PMI Data Disappoints (EUR/GBP), Hawkish SNB Offers Swiss Franc Still Support (USD/CHF), AUD/JPY - Good Morning Forex!  A rise in PPI inflation data causes Euro weaken Market sentiment is reflecting mixed signals for this currency pair. Looking at the value of the Euro in terms of PPI and CPI data: the rise in PPI inflation in the euro area reduced the Euros fair value estimate, whereas the European CPI inflation data remains close to that of the US CPI inflation. Therefore, it is the release of PPI inflation data that has caused the Euro to lose more than 0.6% to the US Dollar on Wednesday. EUR/USD Price Chart GBP weakens as concerns of a recession looms The market is reflecting mixed market sentiment for this currency pair. Investors expect the Pound Sterling to have a tough summer period. The slowing UK economy and disappointing PMI data are both aspects that will likely cause the GBP to weaken not only against the Euro but against other currencies too. The market is defaulting to buying Euros and selling Great British Pounds in the wake of changing European Central Bank (ECB) policy. EUR/GBP Price Chart Swiss Franc The market sentiment for this currency pair is reflecting mixed market signals. During the trading week last week, the US Dollar weakened against the Swiss Franc due to the hawkish attitude shown by the Swiss National Bank (SNB) and investors desire for safe-haven assets. This sentiment has continued into the current trading week. USD/CHF Price Chart GBP recovers against the USD The GBP strengthened against the US Dollar on Wednesday as the market awaited the Federal Reserve’s latest meeting minutes. Investors are eager to see how aggressively the Fed will raise interest rates going forward in an attempt to tackle rising inflation. Investor sentiment is negative toward the US Dollar at the moment, which has given some currencies, such as the GBP, an opportunity to recover. The market sentiment for this currency pair is reflecting bullish signals. GBP/USD Price Chart Read next: ECB Offering The Euro Support (EUR/USD), Strengthening Of The Renminbi Supporting The EUR and GBP, SNB Turns Hawkish (EUR/CHF) - Good Morning Forex!  Sources: finance.yahoo.com, poundsterlinglive.com, dailyfx.com

Summary: Investor confidence in both the Euro and US Dollar causing mixed sentiment for the EUR/USD currency pair. GBP beats Euro and USD despite poor PMI data released on Tuesday. RBA June policy meeting will determine the AUD strength Read next: Hawkish ECB Bodes Well For The Euro, UK PMI Data Disappoints (EUR/GBP), Hawkish SNB Offers Swiss Franc Still Support (USD/CHF), AUD/JPY - Good Morning Forex!  Mixed sentiment for the EUR/USD The market is reflecting mixed market signals for this major currency pair. In the Wake of the FOMC meeting minutes, the US Dollar has found some stability. The market can expect a 50bp interest rate hike at the next two Fed meetings, with a possible pause in the hikes later on in the year. The Euro is also on an upward streak with the strong possibility of the European Central Bank (ECB) tightening monetary policy in July. EUR/USD Price Chart GBP strengthens The market is reflecting bearish market sentiment for this currency pair. On Thursday the GBP recovered some of its losses against the Euro after the UK PMI report on Tuesday. Improved market attitude acted in favour of the Pound Sterling against the Euro on Thursday. However, the outlook for the GBP still looks challenging going forward with an overly cautious Bank of England, high-inflation and global risk aversion. EUR/GBP Price Chart GBP/USD reflecting bullish sentiment Market sentiment for this currency pair is reflecting bullish signals. On Thursday the GBP recovered some of its losses against the US Dollar. Improved market attitude acted in favour of the Pound Sterling against the US Dollar on Thursday. GBP/USD Price Chart Future of the AUD waits the RBA monetary policy decision The market is reflecting bullish signals for this currency pair. The Reserve Bank of Australia (RBA) June policy meeting will likely see a future hike in interest rates. If the RBA tightens their monetary policy the Australian Dollar could strengthen. If the RBA chooses a dovish approach, the Aussie Dollar could struggle. AUD/USD Price Chart Read next: EUR Falls To US Dollar (EUR/USD), Pound Sterling Due To Weaken As UK Recession Looms (EUR/GBP), Market Awaits Fed Meeting Minutes (USD/CHF, GBP/USD)  Sources: finance.yahoo.com, dailyfx.com, poundtserlinglive.com

Summary: Euro strengthening against the USD as market expectations for rising interest rates grow. GBP strengthened on Friday. Too soon to assume bearish USD sentiment. Read next: FTSE 100 Index Rises Thanks To Shell and BP Stocks, British Pound (GBP) Weakens After Thursday Morning Strengthen  ECB interest rate expectations offer EUR support The market is reflecting bullish signals for this currency pair. The Euro has been strengthening recently due to growing expectations of the European Central Bank rising the interest rates. The market is now anticipating a 100bp hike in the rates starting in July. At this point in time it is difficult to assume that the US Dollar will remain weak. The market has seen expectations of Fed interest rate hikes decrease, however, the increasing inflation seems to be keeping the Fed on track whilst tensions in China and between Russia and the Ukraine continue. EUR/USD Price Chart Sunak’s giveaway offers support to GBP The market is reflecting mixed market sentiment for this currency pair. On Thursday Rishi Sunak announced that the UK government would be giving GBP15 billion to UK households in an attempt to boost consumer attitudes. On Friday the Pound Sterling strengthened against the euro as the move offered GBP support, in addition UK consumers are instilled with more confidence in spending. In addition, the windfall tax that was implemented against oil companies has also offered GBP support. EUR/GBP Price Chart AUD is boosted by weaker USD Market sentiment for this currency pair is reflecting bullish signals. Investor confidence in the Australian Dollar comes from a combination of a recovery in risk assets and weaker US Dollar in the wake of a Fed member hinting that there could be a pause in tightening monetary policy in September. AUD/USD Price Chart JPY underperforms The market sentiment for this currency pair is reflecting bullish signals. Both the US Dollar and Japanese Yen were market underperformers during the Asian session. The US Dollar is, however, outperforming the Yen. USD/JPY Price Chart Read next: FOMC Meeting Minutes Offer Support To The US Dollar (EUR/USD), Improved Market Attitude Favoured The GBP On Thursday (EUR/GBP, GBP/USD), Market Awaits RBA Monetary Policy  Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: Expectations for the ECB to raise interest rates grow. GBP doing well in the wake of HM Treasury’s Thursday announcement of the stimulus package. As China eases lockdowns, the AUD strengthens. Read next (COST) (Retail Stores) Costco Stock Beats Market Expectations  Euro still gaining on the US Dollar Market sentiment for this currency pair is reflecting bullish signals. The current combination of a strong Euro and a weak US Dollar is giving room for the Euro to bounce back to a level almost equal to that of 5 weeks ago. The market expectations for the European Central Bank (ECB) to raise interest rates have been growing over the past few weeks, whilst the expectations for the US Dollar have weakened as market price out some of the Feds hawkish decisions. EUR/USD Price Chart Market sentiment toward the Pound Sterling remains strong Market sentiment for this currency pair is reflecting bearish signals. On Tuesday, Eurostat is expected to release their estimate for May inflation, which could have an impact on the Euro. The move made late last week by HM treasury to implement a stimulus package to struggling households has the markets favouring the Pound Sterling over the EURO. EUR/GBP Price Chart Australian Dollar benefitting from the opening Chinese economy The Australian Dollar is performing well against the Pound Sterling amidst China continuing with the phased re-opening of the economy in the wake of its most recent Covid-19 lockdowns. It is well known that what is good for the Chinese economy is normally good for the Australian Dollar. If the global economic outlook continues to improve (especially in China), the AUD could outperform. GBP/AUD Price Chart AUD/USD reflecting mixed market signals The market is reflecting mixed market sentiment signals. The Australian Dollar is strengthening as the Chinese economy outlook seems positive in conjunction with the weakening US Dollar, giving the AUD a chance to strengthen against the USD. AUD/USD Price Chart Sources: finance.yahoo.com, dailyfx.com

Summary: Euro Zone inflation rose to 8.1% in May. Both the BoE and the ECB are expected to tighten monetary policy. The easing of lockdowns will benefit not only China’s economy but economies that rely on China for trading. The GBP may continue its strengthening streak against the USD going into the third quarter of this year. Read next:Strong Investor Sentiment Toward The Euro Continues (EUR/USD), EUR/GBP Currency Pair, As China Ease Lockdowns The AUD Outlook Seems Positive (GBP/AUD, AUD/USD)  EUR/USD maintains bullish sentiment Market sentiment is reflecting bullish signals for this currency pair. Euro Zone inflation rose to 8.1% in May, this rate is around 0.4% higher than expectations, which reaffirms the European Central Banks (ECBs) case for tightening monetary policy in quarter 3. The risk of slower growth is a reality, which may favour the US Dollar going forward. Whether the current strength in the Euro against the USD is going to continue may depend on which economy slows faster, the ECBs interest rate hike and the war in the Ukraine. EUR/USD Price Chart EUR/GBP reflecting mixed market sentiment The market sentiment for this currency pair is reflecting mixed signals. There have been concerns about the UK economic outlook which have grown in response to rising inflation, which can be mainly attributed to rising energy prices. The Bank of England (BoE) is still expected to continue raising interest rates. In addition, the European Central Bank (ECB) is expected to tighten monetary policy which is instilling confidence in the Euro. EUR/GBP Price Chart NZD to benefit from China's strengthening economy The NZD benefitted of Monday in the wake of China’s easing of COVID-19 lockdowns, strengthening against the Pound Sterling. The easing of lockdowns will benefit not only China’s economy but economies that rely on China for trading, New Zealand's economy is one of those who will benefit. GBP/NZD Price Chart US Dollar taking hits on the forex markets The market is reflecting bullish signals for this currency pair. Seasonal factors may be able to aid the GBP continue to strengthen against the US Dollar. The recent macroeconomic data that has been released has been underwhelming for the market and therefore the US Dollar has taken a hit, in addition the market expectations of the Fed to slow or stop tightening monetary policy is also affecting the US Dollar negatively. The GBP may continue its strengthening streak against the USD going into the third quarter of this year. GBP/NZD Price Chart Read next: S&P 500 Sees Good Start To The Week, UK Economy Not Performing As Well As Its Major Economy Counter Parts  Sources: finance.yahoo.com, poundsterlinglive.com, dailyfx.com

Summary: OPECs plans to increase their oil output favours the Euro. ECBs window for tightening monetary policy seems to be narrowing. The market is reflecting mixed sentiment for the USD/CHF currency pair. Read next: The Euro Opened Strong On Wednesday Against The US Dollar (EUR/USD), Euro Could Continue Gaining On The GBP (EUR/GBP), Australia’s Trade Balance Beats Market Expectations (AUD/USD),   German PMI declined for the 3rd month in a row The market is reflecting bullish signals for this currency pair. The US Dollar weakened overnight in the wake of data that showed US payroll rose less than expected in May. The European Union finalised the ban on Russian seaborne oil, with the hope of reaching a 90% decline in imports by the end of 2022. Oil prices rose in the wake of this news, however OPEC indicated its plans to compensate their western allies for the oil lost through the embargo. In addition, the German PMI fell for the third consecutive month. EUR/USD Price Chart Post-lockdown growth is slowing in even the largest EU economy. The market is reflecting bullish signals for this currency pair. With German PMI declining for the third consecutive month, rising stagflation and a pessimistic economic outlook within the European Union. Hence, the European Central Banks (ECB) window for tightening monetary policy seems to be narrowing. Originally plans for increasing rates were to begin in the third quarter of this year, however, given the current circumstances, it could be justified to start earlier than originally planned. Although it may be justified, it is unlikely given the ECB president has tried to set out the EU monetary policy plan from the start, despite increased pressure. EUR/GBP Price Chart USD/CHF Reflecting mixed signals The market is reflecting mixed sentiment for this currency pair. The expectation for the month of June for this currency pair is bearish, the US Dollar may be weakening, however, this forecast is based on the trends of the past. With the Swiss National Bank (SNB) expected to turn hawkish and the fears of the US economy heading into a recession, perhaps the reality will be different from the forecast. USD/CHF Price Chart USD/JPY Pair As the US Dollar weakens, investors are turning to the Japanese Yen safe-haven asset. The market sentiment for this currency pair is reflecting bearish signals. USD/JPY Price Chart Sources: finance.yahoo.com, dailyfx.com

Summary: ECB interest rate decision due to occur later this week. Confidence vote being held for Boris Johnsson later on Monday. Investor confidence could be returning to the markets. On Tuesday the Reserve Bank of Australian (RBA) is due to announce its decision regarding tightening of monetary policy. Read next: Altcoins: Decentraland (MANA), What Is It? A Deeper Look Into The Decentraland Platform  EUR strong entering the week On Monday market sentiment for this currency pair turned bearish. The Euro opened stronger on Monday as the market awaits the European Central Banks (ECB) interest rate decision, which is due to occur later this week. If the European Central Bank shows any signs of dovish intentions, the effects could be heavy on the Euro's downside, however, if a hawkish attitude is shown (which seems to be more likely), the upside effect on the euro may be minimal as the expected hike is already priced into the market. U.S CPI data is expected to close off this week, if there is another undershoot regarding the CPI data, it will just confirm that inflation has reached its peak and add to dovish pressure. EUR/USD Price Chart Both Euro and Pound sterling entered the week strong The market is reflecting mixed signals for this currency pair. As the market awaits the European Central Bank's (ECB) announcement regarding the decision for interest rates in July and September, the Euro entered the week strong. In addition, the pound sterling also entered the week strong despite a confidence vote being held this evening to determine Prime Minister Boris Johnssons future as leader. The pound sterling holding strength, shows its resilience to political tensions. EUR/GBP Price Chart EUR/CHF bullish The market is reflecting bullish signals for this currency pair. Amidst the expected announcements from the European Central Bank this week, the Euro has entered the week strong, even against the safe-haven Swiss Franc. During times of economic stress, investors normally turn to safe-haven assets, however investor confidence seems to be returning to the markets. EUR/CHF Price Chart RBA due to make an announcement The Australian Dollar entered its third week of gains this week in the wake of China’s easing of Covid-19 lockdowns and stronger than expected GDP data. However, on Tuesday the Reserve Bank of Australian (RBA) is due to announce its decision regarding tightening of monetary policy. The price of the GBP/AUD currency pair is sensitive to the price changes of the GBP/USD currency pair. GBP/AUD Price Chart Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: Inflation reaches its highest level since the formation of the euro single currency. The pound sterling lost value to the Euro, US Dollar and other major currencies. RBA hikes interest rates. Read next: (XAUUSD) Gold Should Be Bullish, NGAS Reaches Highest Price Since August 2008, Cotton Crop Planting Is Ahead Of Schedule  ECB putting themselves under pressure The market is reflecting bearish signals for this currency pair. The European Central Bank (ECB) has repeated the message of ending their asset purchasing early in July, and will follow that with a 25 basis point hike in interest rates in the ECB meeting in July. By reiterating that they will stick to their timeline, the ECB has allowed themselves little flexibility to turn hawkish through tightening of monetary policy before July, despite inflation reaching its highest level since the euro was formed. The market awaits the ECB’s release of macroeconomic projections which will occur on Thursday. EUR/USD Price Chart Pound Sterling falls on Thursday The market is reflecting bullish sentiment for this currency pair. On Monday U.K Prime Minister Boris Johnsson won the vote of no confidence, inlight of this, the pound sterling lost value to the Euro, US Dollar and other major currencies. The pound sterling rallied on Monday in the wake of the news of Borris Johnssons vote of no confidence, some analysts drew the conclusion that the gain in the pound was linked to the prospects of a new leader whilst others said the outcome would not affect the market. EUR/GBP Price Chart AUD gains in the wake of RBA hikes The market is reflecting bearish signals for this currency pair. The Reserve Bank of Australia (RBA) showed the market that they are committed to the fight against inflation and turned hawkish by hiking interest rates by 0.5%. However, the gains felt in the wake of this decision for the AUD were short lived. AUD/USD Price Chart EUR/CHF The market is reflecting mixed signals for this currency pair. As risks for the Euro rise amidst rising inflation and the interest rate hikes from European Central Bank likely to only begin in July, the Euro has faced some mixed sentiment on Tuesday, making the safe-haven Swiss Franc more desirable. EUR/CHF Price Chart Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: Markets are becoming more optimistic around hopes of a more hawkish European Central Bank (ECB). Firmer oil prices adding to downward pressure on JPY. Strong market expectations of a more hawkish Swiss National Bank (SNB). Read next: DOW 30 Turbulent In The Wake Of Targets (TGT) Profit Warning, Japanese Yen Suffering From BoJ Monetary Easing  Euro holds steady The market is reflecting mixed signals for this currency pair. The markets are becoming more optimistic around hopes of a more hawkish European Central Bank (ECB) tomorrow after adding a couple more basis points to the yearly forecasts. There has been talk of a 50bps hike in July and rumors of a possible hike on Thursday, it is likely that the market could see a change in ECB tone which has allowed the Euro to remain resilient against the US Dollar. On Wednesday, the market opened with strong economic Q1 data for the eurozone. The euro did not react instantly to the release of this data, likely due to its delay. EUR/USD Price Chart Anticipation of ECBs announcement offers Euro support The market is reflecting mixed signals for this currency pair. The Euro has gained against the pound sterling ahead of the market awaiting the European Central Banks (ECB) interest rate announcement, which is due tomorrow. Earlier in the trading week the pound sterling rallied in response to the news of Boris Johnssons vote of no confidence. If the ECB announces an interest rate hike in July, the pound sterling currency could be under pressure against the Euro. EUR/GBP Price Chart Negative outlook for Japanese Yen is likely to continue The market is reflecting bullish signals for this currency pair. In addition to the Bank of Japan (BoJ) continuing its monetary easing, firmer oil prices have added to the downward pressure on the Japanese Yen and both of these factors will continue to add to the negative outlook for the safe-haven currency. USD/JPY Price Chart CHF holding its position in the market The market is reflecting bullish signals for this currency pair. The Swiss Franc has recovered against the US Dollar in comparison to the lows experienced in mid-May when the US Dollar was at its strongest, the recovery comes in the wake of market expectations of a more hawkish Swiss National Bank (SNB). the expectations come from indications from policy makers that the SNB will increase its interest rates for the first time since the 2008 financial crisis. USD/CHF Price Chart Sources: finance.yahoo.com, poundsterlinglive.com, dailyfx.com

Summary: The ECB turned hawkish and announced its plans to increase all interest rates in July by 0.25%. The ECB press conference started, the path forward became ambiguous again. Markets awaiting US CPI data offer support to the US Dollar. US Dollar strengthening ahead of US CPI data release, The market is reflecting bearish signals for this currency pair. On Thursday the European Central Bank (ECB) turned hawkish and announced its plans to increase all interest rates in July by 0.25% and left open possibility for further hikes in September. However, the ECB press conference made clear to the market that there are circumstances in play that could struggle to keep up with the recently escalating market expectations, which could potentially explain the weakening of the Euro. The US CPI data for May is on schedule to be released during the trading day on Friday, which is offering support for the US Dollar. EUR/USD Price Chart GBP rallies in response to ECB ambiguity The market is reflecting bearish signals for this currency pair. The Euro tumbled on Thursday when the European Central Bank's (ECB) president Christine Lagarde sent the market mixed messages regarding the future policies. The written statement signaled a 0.25% increase in all interest rates in July, however, once the press conference started, the path forward became more ambiguous again, causing the Euro to lose against the Pound sterling and the US Dollar. EUR/GBP Price Chart US CPI data offers USD support. The market is reflecting bullish signals for this currency pair. The US Dollar is being supported by strong market expectations for US CPI data. In addition the Bank of Japan (BoJ) is continuing its dovish approach through quantitative easing, causing the safe-haven asset to weaken across the board. USD/JPY Price Chart USD/CHF The market is reflecting bullish signals for this currency pair. The US Dollar is being supported by strong market expectations for US CPI data, despite prospects of the Swiss National Bank turning hawkish. USD/CHF Price Chart Sources: finance.yahoo.com, pounsterlinglive.com, dailyfx.com

Summary US Dollar supported by prospects of a hawkish Fed. The Pound sterling remains vulnerable to further losses against the Euro. Read next: US CPI Inflation Acceleration Likely To See Hawkish Fed Retaliation (EUR/USD), On Thursday The Market Expects The BoE Monetary Policy Decision (EUR/GBP)  Expectations of a hawkish Fed is driving the dollar up. The market is reflecting bearish signals for this currency pair. As expectations for the Federal Reserve to continue on its hawkish path, and raise interest rates even higher at the next FOMC heighten, the US Dollar is strengthening. A hawkish move from the Fed will likely drive the US Dollar higher as it will gain a yield advantage over its G10 peers. Uncertainty around driving the US economy into a recession also brings about the appeal for the US Dollars liquidity. EUR/USD Price Chart Pound Sterling tumbles in the wake of investor sell-off sentiment The market is reflecting bullish signals for this currency pair. The Pound sterling remains vulnerable to further losses against the Euro following the losses experienced in the last 24 hours which was driven by the strong risk-off sentiment that has been seen by the global markets, which is also linked to the strong expectations for larger interest rate hikes at the US Federal Reserve. EUR/GBP Price Chart US Dollar/Swiss Franc (USD/CHF) Bullish The market is reflecting bullish signals for this currency pair. With expectations for the US Federal Reserve to further tighten monetary policy, the US Dollar is strengthening against most of its counterparts, including the Swiss Franc. USD/CHF Price Chart UK employment data released UK jobs data was released early on Tuesday, which reflected an employment change for March beating estimates whilst the employment statistic missed expectations. The initial reaction to this data saw the pound sterling weaken against the US Dollar as the ease in the labor market could be a signal towards the start of an economic shift. GBP/USD Price Chart Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: Swiss Franc could be the most appealing safe-haven currency right now. Fears of a high level of striking in the United Kingdom. Russia under-delivers on its gas obligations to some European countries. Read next: Eurozone Inflation Data Offering Euro Support (EUR/USD, EUR/GBP), SNB 0.5% Interest Rate Hike Bombshell (EUR/CHF), BoJ Left Monetary Policy Unchanged (USD/JPY)  EUR/USD The market is reflecting mixed signals for this currency pair. In general there are fears of a global economic recession, this fear is affecting the foreign exchange markets. Russia cut some of its exports in gas to Germany, Italy and France, which foreshadows an increase in gas prices and possibly a complete stop to gas flows. If this occurs, expectations of a euro area recession is likely and will add to further inflation in Europe. All of these factors are driving the price of the EUR/USD currency pair. EUR/USD Price Chart EUR/GBP The market is reflecting bearish signals for this currency pair. Fears of a high level of striking in the United Kingdom is putting the Bank of England (BoE) under pressure to hike interest rates at a rate faster than economists expectations. Expectations of a more hawkish BoE is offering the pound sterling support against the Euro. EUR/GBP Price Chart The SNB’s surprise interest rate hike offered the CHF support The market is reflecting mixed signals for this currency pair. The CHF was the best performing currency during the trading week last week as the Swiss National Bank (SNB) surprised the market with a 50 basis point hike in interest rates. This move was the first of its kind in 15 years and offered the Swiss Franc support, and made the currency the most appealing safe-haven currency. EUR/CHF Price Chart NZD/USD The market is reflecting bearish signals for this currency pair. The New Zealand Dollar has lost momentum as expectations of a hawkish Reserve Bank of New Zealand (RBNZ) fade and Oil prices rise. Global markets continue to struggle amidst rising energy prices and hawkish central banks everywhere. NZD/USD Price Chart Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: President Joe Biden announced he is considering a gas tax holiday. Markets expect a more hawkish BoE, thus offering the pound sterling support. CHF is supported by the SNB's hawkish attitude. Read next: BoE’s Dr Catherine L Mann Speaks  EUR/USD currency pair The market is reflecting bullish signals for this currency pair. US President Joe Biden has announced that he may be considering imposing a gas tax holiday in an attempt to ease inflationary pressure on the US consumer. This looser fiscal policy move could help the Monetary policy tightening moves by the Federal Reserve by adding more flexibility and optionality in its fight against inflation. Theoretically speaking, looser fiscal policy encourages more foreign investment, and thus a higher US Dollar demand. This mixed with a hawkish Federal Reserve could give an extra boost to the US Dollar if the tax cut is approved. During her speech yesterday, European Central Bank (ECB) president Christine Lagarde managed to ease fears via her statement around the ECB’s proactive fight against fragmentation, thereby offering the Euro support. EUR/USD Price Chart BoE expected to accelerate their interest rate hiking path The market is reflecting bearish signals for this currency pair. Analysts at Goldman Sachs and Deutsche Bank say they expect the Bank of England (BoE) to accelerate the rate in which they will raise interest rates. The BoE indicated they would be more inclined to take a more stern stance on inflation, even at the expense of growth. Therefore, giving the markets expectation of a more hawkish BoE, and offering the pound sterling support. EUR/GBP Price Chart SNB’s move to raise interest rates offers CHF support The market is reflecting bearish signals for this currency pair. Despite European Central Bank’s (ECB) Christine Lagarde easing fears around fragmentation, the Swiss Franc is still showing strength against the Euro. Last week the Swiss National Bank (SNB) surprised the markets with a 50 basis point rate hike in its interest rates, which offered the safe-haven currency support. The Swiss Franc was the best performing currency last week. EUR/CHF Price Chart Looming recessions and slowing economies The market is reflecting bullish signals for this currency pair. The pound sterling was edging higher during early trading on Tuesday despite negatives hanging over the GBP. On Wednesday, the UK is expected to release headline inflation data, which is expected to come in at 9.1%, which may even come in higher. In addition, the fears of a slowing UK economy and a global recession are only 2 of the factors that are weighing on this currency pair and on many other foreign exchange pairs. GBP/USD Price Chart Sources: dailyfx.com, finance.yahoo.com, poundsterlinglive.com

Summary: UK CPI inflation data came in at 9.1% for May. BoJ remaining dovish. Fears of a recession loom. Read next: ECB’s Christine Lagarde Eased Fears (EUR/USD, EUR/CHF), Expectations Of A More Hawkish BoE Strengthen (EUR/GBP, GBP/USD)  ECB could benefit from QEQT combination The market is reflecting bullish signals for this currency pair. The Euro currency could benefit if the European Central Bank (ECB) uses the European continent's fragmented economic landscape to its advantage by combining both quantitative easing (QE) and quantitative tightening (QT) to normalise monetary policy by minimising upset. The Euro has been recovering against the US Dollar this week. Concerns over a recession in the US have grown as the Fed continue on their hawkish path of fighting inflation. EUR/USD Price Chart UK CPI inflation data met market expectations The market is reflecting bearish signals for this currency pair. The pound sterling weakened against the Euro in the direct wake of the release of UK inflation data which mostly came in as expected, however, some parts of the report came in softer than was expected and could prove supportive of the British pound currency. UK CPI inflation data came in year-on-year in May at 9.1% which beat April's 9.0% and was in-line with the market expectations. EUR/GBP Price Chart USD/CAD The market is slowing mixed market signals for this currency pair. Canadian inflation data came in surprisingly strong for the month of May, which could likely drive investor expectations of a more hawkish Bank of Canada (BoC) interest rate hiking policies going forward, thus likely supporting the Canadian Dollar. USD/CAD Price Chart BoJ Continues to opt out of monetary policy tightening The market is reflecting bullish signals for this currency pair. As the Bank of Japan (BoJ) continues their monetary easing and chooses to stay away from tightening monetary policy, the Euro and other currencies seem to be gaining on the safe-haven asset. EUR/JPY Price Chart Sources: finance.yahoo.com, poundsterlinglive.com, dailyfx.com

Summary: Eurozone data showed a slowing European economy for June. Pound sterling offered support from strong UK PMI data. NZD was Thursday's top performing currency. Read next: Fears Of Recession Loom (EUR/USD), UK CPI Inflation Data 9.1% For May (EUR/GBP), Surprisingly Strong Canadian Inflation Data (USD/CAD), EUR/JPY  Euro weakened in the wake of slowing economy data The market is reflecting mixed signals for this currency pair. The Euro fell sharply on Thursday in the wake of data that showed that the Eurozone economy had slowed during June and undermined the expectations for a series of rapid interest rate hikes from the European Central Bank (ECB) that are due to start in July. The fall in the Euro helped reinforce a bid for the US Dollar against all major pairs as investors continue to bet on a global economic slowdown. ` EUR/USD Price Chart UK PMI data beat market expectations The market is reflecting mixed market sentiment for this currency pair. The UK economy continued to grow during June as UK PMI data came in stronger than the market expected. At the same time UK wage pressures remained strong at firms that were increasingly willing to pass on price increases to customers, which is likely to continue to place pressure on the Bank of England (BoE) to raise interest rates. EUR/GBP Price Chart GBP/NZD upside risk The New Zealand Dollar was one of the top performing major currencies on Thursday when the NZD/USD pair seemed to be drawing dip-buyers from the market. The Pound to NZD has been contained over the past month, but with the NZD/USD pair testing major support levels, it is possible that the breakout risk for the GBP/NZD is on the upside. GBP/NZD Price Chart EUR/CHF The market is reflecting bearish signals for this currency pair. As the Swiss Franc continues to strengthen in the wake of the Swiss National Banks (SNB) interest rate hike, the Euro is weakening due to unfavourable economic data. EUR/CHF Price Chart Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: ECB expected to increase rates at a faster pace. CBA thinks the AUD is at risk of trading at its lowest levels against the GBP since the start of the pandemic.\\ Read next: Data Showed A Slowing Eurozone Economy (EUR/USD, EUR/CHF), UK PMI Data Came In Stronger Than Expected (EUR/GBP), NZD Was The Top Performing Currency On Thursday (GBP/NZD)  EUR/USD currency pair The market is reflecting bullish signals for this currency pair. At this point, the market expects to see a continuing hawkish Federal Reserve, pushing both interest rates and long-term rates up even further, thus, the USD is likely to remain strong for most of the remainder of 2022. The European Central Bank (ECB) is expected to raise interest rates further and at a faster pace, the ECB has already communicated hikes in both July and September, as it tries to contain the Eurozone inflation narrative. As concerns around a global recession tighten, the aggressive 75 basis point rate hike made by the Fed has caused investors to be more cautious across the board. EUR/USD Price Chart Eurozone and UK economy slowing. The market is reflecting bearish signals for this currency pair. UK retail sales declined in May as consumers felt the pain of rising prices which in turn did not allow the pound sterling a boost heading into the weekend. In addition the retail data from the UK came after the data revealved by France and Germany also missed market expectations. The markets are expecting economic slowdown in both the UK and Eurozone economies. EUR/GBP Price Chart CBA outlook on AUD According to the Commonwealth Bank of Australia (CBA), the Australian Dollar is at risk of trading at its lowest levels against the British pound since the start of the Covid-19 pandemic. The CBA sees the AUD as being amongst the most vulnerable currencies to the recent souring of the global economic outlook. GBP/AUD Price Chart EUR/JPY The market is reflecting mixed signals for this currency pair. As the Japanese Yen (JPY) continues to weaken in the wake of a dovish Bank of Japan (BoJ), the Euro is also experiencing troubles in the wake of disappointing economic data released from France and Germany, which indicates a slowing of the Eurozone economy. EUR/JPY Price Chart Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com

Summary: RBC are so confident in this they recommended selling the GBP/SEK currency pair. Euro’s concerns lie in the rising energy prices and possible supply chain disruptions. KPMG cut UK economic growth forecasts for 2022 and 2023. Recession concerns are weighing on the US dollar. Read next: Concerns Of A Global Recession Continue To Weigh On Markets - Take A Look At The EUR/USD, EUR/GBP, GBP/AUD And EUR/JPY Currency Pairs  EUR and USD facing economic concerns The market is reflecting bullish signals for this currency pair. Federal Reserve Chairman, Jerome Powell reiterated in congress that it will be tough for the Fed to bring inflation down without harming the economy or disrupting the labour market, this began a downward revision to market expectations for US interest rates. The biggest concern for the Euro lies in the economic hit in the wake of rising energy prices and possible supply disruptions. Hence, the European Central Bank (ECB) views this as a medium-term source of disinflation, which is yet another reason to take a slower, more cautious approach to normalising monetary policy that has been priced in over the past months. EUR/USD Price Chart EUR/GBP currency pair The market is reflecting bullish signals for this currency pair. KPMG cut UK economic growth forecasts for 2022 and 2023, the cut comes from the expectation of a “mild” recession in the UK economy in 2023, in the wake of surging commodity prices and China's Covid outbreak. News of the downgrade in expectations is driving the Euro to strengthen against the pound sterling. EUR/GBP Price Chart Strong Sell recommendations for the GBP/SEK RBC Capital Markets’ foreign exchange strategists are warning that the pound is likely to suffer losses in the near-term against the Swedish Krona. They are so confident in this they recommended selling the GBP/SEK currency pair. The GBP is expected to take a hit at the end of the Month due to the release of important economic data. GBP/SEK Price Chart US recession concerns weighing on the US Dollar The market is reflecting bullish signals for this currency pair. During last week's trading week, the narrative changed from inflation concerns to recession concerns which are weighing on the US Dollar via lower treasury yields. The UK PM Borris Johnson is looking to hold onto his PM status and run for a 3rd term. GBP/USD Price Chart Sources: finance.yahoo.com, dailyfx.com, poundsterlinglive.com