GBP/USD Shrugs as UK Unemployment Rises, GDP Next
The British pound is drifting on Tuesday. GBP/USD is trading at 1.2720 in the European […]
Crypto Nosedive
Market Picture The cryptocurrency market spent Monday in a very narrow range but started Tuesday […]
ECB’s Lagarde Clearly Stated One Should Not Expect Rate Cuts at Predetermined Pace
Markets It’s telling that core bonds do not gain when markets are in risk-off. German […]
Widening Spreads, Falling Euro – The Fed Won’t Help Lift Sentiment
Unimpressive was to investors what Apple revealed about its AI plans at its Worldwide Developer […]
Macron Calling for French Snap Election Shakes Markets
In focus today In the US, NFIB’s small business optimism index is due for release […]
Instrument of the Week (June 10—14): GBPJPY Insight
The GBPJPY pair reflects the exchange rate between the British Pound and the Japanese Yen, […]
Fed Pivot Less Likely After Strong NFP, Focus on CPI Report and Dot Plot
A dovish pivot by the Fed is looking less likely at the June meeting Will […]
BoE Stays Quiet But Data Could Speak Volumes
BoE stuck between strong US data and the ECB rate cut Labour market data could […]
US Indices: Something for Optimists
The US indices, S&P500 and Nasdaq100, closed Wednesday at record highs, taking a decisive step […]
Headwinds Knocked Down Bitcoin & Ethereum
Market picture The crypto market is losing about 4.5% from its peak on Friday, having […]
French Election Risk Likely to Keep Euro Under Pressure in the Build-up
Markets The US market needle again points in the direction of a December rather than […]
Strong US Jobs, European Elections Hammer EUR/USD
The sight of the 272K new nonfarm job additions and the fastening wages growth above […]