Instrument of the Week (June 10—14): GBPJPY Insight
The GBPJPY pair reflects the exchange rate between the British Pound and the Japanese Yen, […]
BoE Stays Quiet But Data Could Speak Volumes
BoE stuck between strong US data and the ECB rate cut Labour market data could […]
EUR/GBP Rate at 21-Month Low Post-European Parliament Elections
Investors will begin the week in a state of uncertainty regarding the outlook of Europe’s […]
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 […]
Euro Tumbles Amid Political Uncertainty, Market Eyes FOMC Dot Plot and US CPI This Week
In holiday-thinned Asian trading today, Euro’s sharp decline was the focal point. Investors’ reaction to […]
NFP: Markets Consolidate Ahead of Big News
Analysts are predicting a softer May Non-Farm Payroll (NFP) report, with expectations set at 151,000 […]
GBP/USD: Extended Consolidation Likely to Precede Fresh Push Higher
Cable is consolidating under new multi-week high (1.2817), with near-term action underpinned by rising 10DMA […]
EURGBP Tests a Key Support Area
EURGBP edges higher today ahead of crucial ECB meeting Strong downside pressure in place despite […]
Focus Turns to Europe and to ECB Today
Markets Make it five. Five consecutive days of rallying US Treasuries on the (consequences of) […]
GBP/USD Shows Signs of Strength, 1.3000 Next?
Key Highlights GBP/USD gained pace for a move above the 1.2800 resistance. A major bullish […]
GBPAUD Reacting Higher From Elliott Wave Extreme Area
In this technical blog, we will look at the past performance of the 1-hour Elliott […]
Euro dives as eurosceptics gain in European Parliament Elections
Euro spiked sharply lower in thin Asian session today, breaking a crucial support level against […]