Market Overview

CurrenciesEUR/USD – weak data out of the Eurozone and better than expected data out of the US drove the EUR lower once again, although it managed to come off its lows as the day. Nevertheless,...

Market Drivers October 18, 2017 Dollar makes fresh weekly highs UK Wage data not enough for GBP Nikkei 0.13% Dax 0.41%Oil$52/bbl Gold$1279/oz.Europe and Asia: GBP UK Average Wage Gain 2.1% vs....

Over the past week, the heads of central banks continue to speak, and make cautious statements on plans for normalizing monetary policy in their countries. However, market participants appear not to...

NZD/CADToday’s support: - 0.8910, 0.8888 and 0.8865(main), where correction is possible. Break would give 0.8854, where correction also may be. Then follows 0.8826. Break of the latter would...

Since Brexit the housing market has been a particular focus of economic strength. Briton’s gain a tremendous ‘wealth effect’ from owning property; as property values rise so does...

GBP takes another hit as Carney fails to impress bulls Sterling took another dive yesterday, following some comments from BoE Governor Carney. His broader tone was not as hawkish as one would expect...

* European benchmark index STOXX 600 closed flat due to expected EU inflation data and eased tensions in Spain.* EURUSD parity depreciated by %0.04 and traded at 1.1765$ this morning. No critical data...

The UK Unemployment rate will be announced today The U.K. Unemployment rate is expected to remain flat at 4.3% compared to a month ago. Any surprise might show us some fluctuation in the GBP/USD...

Dollar is trading as the strongest one for the week. The greenback was lifted by talks that John Taylor is considered a hawk and has impressed US President Donald Trump in Fed chair interview. But...

Market movers today In China, the 19th Congress of the Communist Party begins today, where the top leadership will see a big reshuffle (see Research: Why the Party Congress is key for China's road...

As you might expect from a reality TV show host, President Trump's long selection process to identify the next Fed chair has increased the drama to record levels.Yesterday's headlines suggested...

In line with recent ECB communication which points to a preference for a 'lower for longer' scenario, we change our call and now expect the ECB to announce a QE extension by nine months at a pace of...

We see downside risk to our 3-6M forecast for EUR/DKK at 7.4425 from the risk of tighter DKK liquidity in Q1 18 and event risk from the upcoming Italian election - two factors that have driven prior...

The Fed is no longer even trying to hide the fact that it WANTS inflation.In the last month, the Fed has attempted to feign ignorance about the true nature of inflation. Fed Chair Janet Yellen even...