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EUR/USD: With EUR/USD closing strongly lower the past week, more weakness is envisaged. However, we may see it recover higher in the new week on correction. Support lies at the 1.1050 level. Further...
Sun: NZD – Trade Balance Mon: USD – Services and Composite PMIs Tue: USD – PCE, GDP, Consumer Confidence Wed: GBP – Mortgae Approvals, Net Consumer Credit, EUR – German...
We will be looking this week at the Top 15 because otherwise the only strong currency would be the JPY and the only weak currency the GBP.When looking at the Top 15 in the Weekly Ranking and Rating...
Welcome to my "Strength and Comparison" article for the coming week, the article "Ranking, Rating and Score" has also been published.For analyzing the best pairs to trade looking from a longer term...
If currency markets continue to experience high volatility with a strengthening US dollar, I think equity markets, including North American markets, will follow suit.So, I'll keep a close eye on those...
The CFTC reporting week ending June 21 covers the day FOMC and BOJ meetings and ends two days before the UK referendum. The overarching theme was the reduction of exposure. This is not measured by net...
Having pretty much nearly priced in a win for the “remain” camp shortly after polls closed in the historic UK referendum on EU membership on Thursday, June 23, the flow of results during...
Post EU vote turmoil contained in part, but stocks still deep in the red. GBP is well off its lows, but the EU leave vote impact yet to be felt. JPY and CHF strength contained for now.The aftermath of...
Britain voted to leave the European Union, causing the dollar to skyrocket against all major currencies. One of Brexit’s victims in the forex market was EUR/USD, which plummeted by more than 500...
London Forex ReportUK Brexit confirmed in the early hours devastating risk assets across global markets. Central banks are now on alert to manage the ramifications of the shock results. Wild moves in...
Brexit becomes a realityThe polls had it as close, the bookies didn’t and as dawn breaks, the UK has voted to leave the European Union. GBP, after initially running up to 1.50 against the USD...
Sterling suffered its most volatile session in living memory and hit its lowest level since 1985 as Britain voted to leave the European Union, triggering a move into safe-havens such as the yen, the...
For the 24 hours to 23:00 GMT, the AUD strengthened 0.86% against the USD to close at 0.7584. LME Copper prices rose 1.27% or $59.5/MT to $4747.0 /MT. Aluminium prices rose 0.25% or $4.0/MT to...
For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD to close at 1.2781. In the Asian session, at GMT0300, the pair is trading at 1.3000, with the USD trading 1.71% higher against...
For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CHF and closed at 0.9619. In the Asian session, at GMT0300, the pair is trading at 0.9718, with the USD trading 1.03% higher against the...