Market Overview

The FTSE extended gains to 7328p at the open. Financials (+0.45%) led gains, whilst mining (-0.51%) and energy stocks (-0.03%) softened.The City of London lobbying group abandoned the idea of EU...

The kind of momentum seen throughout the capital market in most of the fourth quarter last year has yet to return. With the lack of new details about the new US Administration's economic policies,...

Driven by sharp movements in currency markets, the commodity is enjoying an upward trend. Additionally, OPEC’s efforts to drive the supply of the commodity down is edging the price upwards....

It takes more than a shaky presidential presser to keep the dollar down The dollar’s retreat entered its second day yesterday, with GBP/USD and EUR/USD both recovering from recent lows....

Dollar recovers mildly towards the end of the week as supported by comments from Fed officials. Fed chair Janet Yellen said that the economy is "doing quite well" and there are no serious short term...

It may seem strange that one of the primary forces behind the Bretton Woods arrangement was John Maynard Keynes. That is because what goes on in his name today is often nothing like what he proposed....

Forex News and EventsCarry traders back in business as fears ease As expected, the Brazilian central bank eased its monetary policy yesterday as it cut the Selic rate. However, the BCB surprised...

EUR/DKK is still trading close to Rohde's lower bound - the past three sustained rebounds in EUR/DKK have come after one or more Danish rate cuts.We look for EUR/DKK to stay low and the key policy...

Key themes 2017 The Riksbank can afford to be a bit more relaxed. QE extension beyond H1 17 in question. Near-term inflation deviations from Riksbank forecast insignificant - medium-term view...

After a choppy North American session yesterday, the dollar and US yields remain under pressure. The dollar is lower against all the major currencies and most emerging market currencies, including the...

Press conference is car crash for USDIf your head is spinning following President-Elect Trump’s press conference yesterday afternoon then you are not the only one. Trade in the US dollar,...

UK retailers opened mixed, despite encouraging sales data across the sector.Tesco (LON:TSCO) (-2.61%) sales growth reached its highest quarterly level in five years; the 13-week like-for-like sales in...

In just over a week president elect Trump will be inaugurated and it will be President Trump. It was expected that president elect Trump’s press conference would have an impact on the market,...

EUR/CHFToday’s support: - 1.0727, 1.0717, 1.0698 and 1.0676 (main), where correction is possible. Break would give 1.0648, where correction also may be. Then follows 1.0623. Break of the latter...