Cable Moving into Resistance Ahead of BoE
Cable’s drop to a new low last week occurred in only three waves from 1.3044, […]
Dollar Ceding Ground, Probably on Headlines Referring to Harris Taking Lead in Battleground State of Iowa
Markets US payrolls and the Manufacturing ISM caused quite some intraday volatility on Friday but […]
Dollar Dominance Temporarily Halts Pre-Election, Upside Potential Remains
Dollar, which has dominated currency markets in recent weeks, finally eased back last week. But […]
GBP/USD Technical: Trendline Break Sets the Stage for Further Downside
GBP/USD has broken below a long-term ascending trendline, signaling potential further downside. UK budget concerns […]
Euro Retreats from Recent Lows, Pound Plummets After Budget Data Release
In recent trading sessions, European currencies have shown mixed performance. The EUR/USD pair found support […]
Sterling drops as market questions growth impact of Reeves’ budget
Sterling fell sharply overnight, alongside with 10-year government bond and FTSE, as markets reacted to […]
Bank of Japan Delivered Much-Anticipated Status Quo
Markets “Overall borrowing between 2024-25 and 2028-29 is higher than the March forecast by £142.2 […]
GBP/USD Recovers While EUR/GBP Struggles
GBP/USD is attempting a recovery wave above the 1.2950 resistance. EUR/GBP declined steadily below the […]
EU Walking the Tariff Talk Against Chinese Electric Vehicles.
Markets UK gilts underperformed yesterday. Yields with maturities ranging from the 2-yr (+5.1 bps) to […]
Alphabet Beats, Eyes on UK Budget, US Jobs, Eurozone CPI
Big Tech investors weren’t disappointed on Tuesday, as Alphabet announced better than expected results after […]
GBP/USD Eyes Recovery: Can Bulls Turn The Tide?
Key Highlights GBP/USD started a consolidation phase near the 1.2950 zone. A key bearish trend […]
It is time for NFP
In focus today In the US, focus will be on US October Jobs Report. We […]