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… and it’s most certainly a crime… I’d like to be very happy, but… everything takes a time… (which, for the more youthful, is a song from “A Connecticut...
USD/JPY: With USD/JPY continuing to hold on to its upside pressure, more recovery higher is expected though hesitating. While the 110.58 zone remains unbroken, we may continue to price hesitation. On...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.One of the best-performing currencies this month, this week and even on Wednesday is sterling. The British pound climbed to its...
In difficult times, fashion is always outrageous – Elsa ShiaparelliTrenched for severe weather, we’ve all donned the thick wooly coat at times. Oversized and tailored for the apocalypse,...
Another ramp up in GBP, taking out 1.4660/65 in cable and .7600 against the EUR. CAD fighting back as BoC less dovish on wildfires impact.The usual suspects have been providing the volatility in FX...
NZD/USD continues to have a quiet week, as the pair trades at 0.6750 in Wednesday’s North American session. On the release front, New Zealand Trade Surplus surged to NZ$292 million, much higher...
Currently we are 1.6591 in a large channel. We are looking for continuation to the 1.270 Fibo at 2.0541 with a further target at 2.0676 later this week. The average daily true range (ATR) for the pair...
Market Drivers May 25, 2016 EZ IFO bit better NZD Trade surprises to upside Nikkei 1.52% Dax 1.37% Oil $49/bbl Gold $1221/oz. Europe and AsiaNZD: Trade Balance 292M vs. 25MAUD: Construction Work Done...
USD/JPY is showing little movement on Wednesday, following gains which marked the Tuesday session. The pair is trading slightly above the key 110 line. On the release front, there are no major events...
EUR/USD - looking to sell a rally. EUR/GBP - the head and shoulders pattern is moving along nicely. Original post
USD/CHFAlthough the trading range on USD/CHF remains tight this week, we see how the pair continued to stabilize above 0.9860-0.9850 supports, neglecting the oversold sign on RSI14 over daily...
While the British pound rose on eased concerns about a potential Brexit scenario, the euro fell victim to renewed U.S. dollar strength. The greenback was supported by the shift of the market's rate...
EUR/USD is showing little movement on Wednesday, following sharp losses in the Tuesday session. The pair is trading at 1.1150. On the release front, German Ifo Business Climate improved to 107.7...
Yesterday the pair significantly grew. The pound was supported by the results of the latest public opinion survey regarding the upcoming referendum on UK’s membership in the European Union....
Carney 3 Rees Mogg 0We thought that Carney may double-down on his warnings of recession in his testimony to the Treasury Select Committee, but the way that he and the other members of the MPC being...