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KEY DATA RELEASES TODAY (BST) : 09:30 GBP Trade Balance -9.8B v-10.3B 13:30 USD Unemployment Rate 5.4% v5.5% 13:30 USD Non-Farm Employment Change 228K v126K 13:30 USD Average Hourly Earnings m/m 0.2%...
Market BriefBetter-than-expected initial jobless claims stopped the greenback sell-off and allowed the dollar index to erase previous losses after reaching its lowest level since February 19. Report...
The EUR/USD pair has pulled-back within its short-term uptrend, however, I expect it to recover soon and move higher extending the established trend. Bullish evidence on higher time-frame charts...
UK markets have surged higher in the early hours of Friday, with both the FTSE and Pound enjoying an unexpected round of bullish momentum as the initial results from the UK general election suggest...
The UK election is leaving the pound in a lurch verses other currencies as uncertainty continues to reign in the market over one of the closest elections in history. UK data this week has shown some...
EUR/USD The pair extends correction from fresh high at 1.1390, posted yesterday and attempts below 1.1200, round figure support and 1.1189, Fibonacci 61.8% of 1.1064/1.1390 upleg. Broken daily...
The UK election results are a shocker – after so many signs and stories regarding the intense uncertainty and risk of a hung parliament or weak minority government, it looks like we are headed...
EUR/USDToday’s support: -1.1181 and 1.1160(main),where correction is possible. Break would give 1.1138, where correction also may be. Then follows 1.1109. Break of the latter would result in...
The pound was the main winner of Friday’s Asian Session, as it rallied following the announcement of exit polls that showed Britain’s ruling conservative party winning the UK elections but...
Talking Points: US Dollar to Resume Pullback Unless Jobs Report Markedly Tops Forecasts Pound Soars as Early UK Election Results See PM Cameron Holding Power See Economic Releases Directly on...
EUR/USDThe euro fell against the dollar modestly on Thursday ahead of a critical U.S. jobs report, as worries related to cascading global bond prices somewhat eased. The euro fell 0.0084 or 0.74% to...
GBP/JPY Daily OutlookDaily Pivots: (S1) 181.36; (P) 182.17; (R1) 183.40; GBP/JPY's rally from 174.86 resumed by taking out 184.45 resistance. The firm break of 184.99 resistances also confirmed that...
Good morning. Hope all is well! We seem to have had a good forecast for yesterday with a 71% accuracy on our directions. The US dollar ended up strengthening while the Japanese yen weakened. Today we...
For the 24 hours to 23:00 GMT, the AUD weakened 0.82% against the USD to close at 0.7902.LME Copper prices rose 0.57% or $36.5/MT to $6437.0/MT. Aluminium prices declined 2.35% or $45.0/MT to...
For the 24 hours to 23:00 GMT, the USD rose 0.56% against the CAD to close at 1.2106.On the macro front, Canada’s building permits rebounded 11.6% on a monthly basis, registering its first...