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Currency traders are putting their bets on “Bremain” as the Australian and New Zealand dollar remain strong. Investors have clearly predicted the outcome of the vote of the United Kingdom...
We finally come to the day of reckoning, when the UK electorate have to decide on whether to stay in the EU, but the referendum polls have been suggesting the vote to remain is the more likely to play...
EUR/AUD reached our projected levels for a potential reversal at 1.500 zone. We are dancing around current levels and we will need a decisive break of the corrective channel to the upside to consider...
New Zealand dollar unencumbered by Brexit fearsThe New Zealand dollar has been strengthening since the end of January. The Reserve Bank of New Zealand left the interest rates unchanged at June 9...
Between 20th and 22nd June the currencies of developing countries continued to rise against the dollar. However, the rapid growth of last week has slowed. The clear leader for the period indicated...
USD/CHF:BREXIT today – we are out of EUR and GBP Pairs Currently we are 0.9563 trying to break out of the rectangle to the downside. If successful, we are looking for continuation to the range...
The Japanese yen posted sharp losses on Thursday as USD/JPY trades slightly below the 106 level. The markets are nervously keeping tabs on the Brexit vote in the UK. On the release front, Japanese...
Market Drivers June 23, 2016 UK Voting begins High yielders rally Nikkei 0.48% Dax 1.70% Oil $50/bbl Gold $1269/oz. Europe and AsiaEUR: EZ Flash PMI Man 52.6 vs. 51.4EUR: EZ Flash PMI Svc 52.4 vs....
The dollar remained lower against the other major currencies on Wednesday, after the release of positive U.S. new home sales data, as investors prepared for the British vote on a potential exit from...
Thursday June 23: Five things the markets are talking about The long wait is over. Voting stations are open and UK citizens go to the polls to decide whether they want to be apart of the EU or go it...
As practice has shown, wave 4 can take several complex structures, such as double and triple 3s and A-B-C-D-E triangles. In GBP/USD, we can observe a complex 3-3-5 corrective pattern taking...
London Forex Report: Britain goes to the polls to decide whether the country should remain in the European Union. An estimated 46.5 million peoples may take part in the vote and recent surveys have...
EUR/USD is higher on Thursday, posting strong gains for a second straight session. The pair is trading slightly blow the 1.14 line. It’s Brexit day, as Britons are voting whether to remain part...
AUD/USD is trading above 0.7550 after recovering from the bottom at 0.7144 registered on May 24th. A rally of more than 400 pips is surely making the bears nervous, especially following the sharp...
This is a crucial day for the U.K. with Britain's vote on membership of the European Union. The island nation will determine its future with or without the EU and the market is eagerly awaiting the...