Market Overview

The EUR/USD remain capped right below the 1.1100/1.1133 area, due to concerns about the Brexit contagion in the Eurozone and Italian banking turmoil. A break above the 1.1133 (Fibonacci retracement)...

Interest rates are now hitting record-lows while stocks hit record-highs; this has never happened before. Nor should it ever happen.You see, changes in interest rates are typically a very good...

Market BriefMost G10 currencies extended gains against the greenback on improving risk sentiment, with the exception of the Japanese yen, which fell for a second straight day after Shinzo Abe promised...

Sterling is leading the new appetite for risk as one element of political uncertainty has been lifted. It is moving higher for the third consecutive session today; advancing by more than 1.5 cents to...

Summary: The macro data from the past month continues to mostly point to positive growth. On balance, the evidence suggests the imminent onset of a recession is unlikely.Overall, the main positives...

Forex News and EventsIs safe-haven demand sustainable? The Brexit referendum has highlighted the major role of safe havens during periods of uncertainty. Bullish pressures on the Swiss franc and the...

"It only takes a spark to get a fire going."In today’s report, four recent articles about the increasing tensions in the South China Sea are presented. Obviously, this issue is getting...

You win some, you LeadsomCurrency markets, particularly those pairs that have included the pound, have been a fool’s errand since the Brexit vote with yesterday’s markets particularly...

Once again, we turn to my big-picture comparison chart of Crude Oil versus the USD/CAD relationship, which often warns and tells us what to expect for the direction of Oil prices based on the behavior...

On June 23, 2016, the British electorate voted by a narrow margin to exit the European Union.While markets were only briefly disturbed, British politics were thrown into complete chaos. Prime Minister...

Sterling is generally higher this week as political situation in UK stabilized. Home Secretary Theresa May is set to be the next prime minister after Energy Minister Andrea Leadsome quite the race....

CurrenciesEUR/USD – moved up in tandem with the GBP after it became clear that Theresa May will become Britain’s next PM. This became clear just as we approached the support around the...

Focus today will be on the Ecofin meeting in the EU where the finance ministers will discuss whether to punish Spain and Portugal with fines for not meeting their budget targets. It comes at a...

Today Theresa May was 'crowned' as new Conservative party leader as Andrea Leadsom pulled out of the leadership and in a press conference Prime Minister David Cameron announced he will step down on...