Earlier today, the USD Index moved little lower ahead of the outcome of the Federal Reserve’s meeting later in the day, which resulted in a drop under the level of 95. Despite this move, USD/CHF is consolidating around a support/resistance line. Will we see invalidation of earlier breakdown?

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Earlier today, official data showed that U.K. inflation remained steady in the previous month, missing analysts’ forecasts for an increase of 0.4%. Additionally, uncertainty around the June 23 Brexit vote continued to weigh, which pushed GBP/USD under 1.4200 once again. How low could the pair go in the coming days?

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Earlier today, the price of crude oil extended losses below the barrier of $50, which affected negatively the commodity-related Canadian currency. As a result USD//CAD extended gains, but what happened at the same time with our other currency pairs?

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Yesterday, AUD/USD reached important resistance zone, which stopped currency bulls, triggering a pullback. Will their opponents take control and push the exchange rate lower in the coming days?

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Although official data showed that the volume of exported goods increased by £2.2 billion from a month earlier and imports rose by £2 billion, uncertainty around the June 23 EU Brexit referendum pushed the British currency lower against the greenback. As a result, GBP/USD dropped under the long-term line, invalidating earlier breakout. What does it mean for the exchange rate?

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