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 […]
UK Budget Preview: GBP/USD, GBP/JPY and EUR/GBP Price Action Ideas
UK Autumn Budget anticipation mounts as markets remain calm, unlike during the ‘Trussonomics’ era. GBP/USD […]
GBPUSD Moves Horizontally Within 1.2900 – 1.3000
GBPUSD loses momentum near uptrend line Stochastic ticks higher, but RSI flattens GBPUSD headed south […]
It is time for NFP
In focus today In the US, focus will be on US October Jobs Report. We […]