Mon, 16 Jan 2017 12:58:00 GMT
GBPUSD dips below 1.2000 on talk that UK PM Theresa May’s speech Tuesday will signal a ‘hard’ Brexit from the European Union.
Mon, 16 Jan 2017 08:51:00 GMT
The British Pound slumped amid “hard Brexit” fears in Asian trade. Comments from Bank of England Governor carney may amplify selling pressure.
Mon, 16 Jan 2017 05:20:00 GMT
Gold prices found an added boost in “hard Brexit” worries at the start of the trading week having hit a seven-week high amid the unwinding of the “Trump trade”.
Sun, 15 Jan 2017 22:00:00 GMT
A further improvement in the Euro’s fundamental drivers in the short-term continues to shield the single currency from longer-term political concerns. This week, attention turns to the ECB for their first meeting of 2017.
Sat, 14 Jan 2017 05:01:00 GMT
Financial markets face the return of high-profile event risk in the week ahead but US policy uncertainty may keep all eyes on the nearing Trump inauguration.
Sat, 14 Jan 2017 04:34:00 GMT
Gold prices are higher for a third consecutive week with the precious metal up 1.8% to trade at 1194 ahead of the New York close on Friday.
Sat, 14 Jan 2017 04:16:00 GMT
Ever since the Brexit referendum in June, markets have volleyed the various prospects that might come from the actual execution of the split from the European Union
Sat, 14 Jan 2017 04:11:00 GMT
This week, the offshore Yuan remained stronger than the onshore Yuan and the PBOC’s guidance.
Sat, 14 Jan 2017 04:05:00 GMT
Thanks to an improving backdrop in the Canadian Economy and a stabilizing energy market, we may continue to see support for the Canadian Dollar into 2017.
Sat, 14 Jan 2017 03:59:00 GMT
The Australian Dollar’s mini bull run can stretch into another week provided the economic data behave themselves.
Sat, 14 Jan 2017 03:56:00 GMT
The US Dollar may continue to weaken as disillusioned traders continue to scale back exposure to the so-called “Trump trade” ahead of the nearing Presidential inauguration.
Sat, 14 Jan 2017 03:40:00 GMT
The failed run at the December high (118.66) keeps the near-term outlook for USD/JPY tilted to the downside
Fri, 13 Jan 2017 18:12:00 GMT
EUR/USD may face range-bound conditions ahead of the ECB’s policy meeting on January 19 as President Mario Draghi keeps the door open to further support the euro-area.
Fri, 13 Jan 2017 14:26:00 GMT
While this week was relatively quiet on the data front, next week will bring a series of pertinent data prints to markets while Prime Minister May is expected to unveil her 'Brexit plan'. Tuesday should be especially volatile for GBP-traders.
Fri, 13 Jan 2017 12:30:00 GMT
It's been a tough week for the US Dollar, but if yields weaken after today's data, then the week will end on an even worse note.
Fri, 13 Jan 2017 05:53:00 GMT
The battered US Dollar may find an eleventh-hour lifeline in a batch of supportive economic data releases that help revive Fed interest rate hike speculation.
Fri, 13 Jan 2017 04:05:00 GMT
Crude oil prices have capitalized on US Dollar weakness as the “Trump trade” unwinds but supply-side considerations may muddy the waters into the week-end.
Thu, 12 Jan 2017 21:21:00 GMT
An outside day reversal yesterday followed through with today's decline responding to near-term slope support. Here are the updated targets & invalidation levels that matter.
Thu, 12 Jan 2017 17:11:00 GMT
Had it not been for Donald Trump’s Wednesday press conference, more attention would have been paid to Mark Carney. His comments made a UK rate rise more likely, implying a higher British Pound.
Thu, 12 Jan 2017 16:36:00 GMT
GBP/USD may stage a larger recovery ahead of the U.K. CPI print amid the ongoing failed attempts to close below the 1.2100 (61.8% expansion) handle.
Thu, 12 Jan 2017 12:35:00 GMT
Five Fed speakers today under the microscope as traders are desperate for policy specifics (from somewhere).
Thu, 12 Jan 2017 12:19:00 GMT
The US Dollar faces broad-based selling pressure in the aftermath of a conspicuously detail-free press conference with US President-elect Donald Trump.
Thu, 12 Jan 2017 10:36:00 GMT
Gold prices hit fresh six-week high as a conspicuously uneventful press conference with US President-elect Donald Trump pours cold water on Fed rate hike speculation.
Wed, 11 Jan 2017 21:10:00 GMT
In the first two weeks of 2017, Bitcoin has taken over the spotlight in China.
Wed, 11 Jan 2017 18:19:00 GMT
USDJPY reversed sharply ahead of the weekly / monthly open today keeping the near-term focus lower. Here are the updated targets & invalidation levels that matter.