Forex

Forex

Currency Markets

Australian Dollar

What’s up Next for the AUD?

The AUDUSD has reached a bit of an impasse as a result of last week’s tumble which now raises the question of what is next on the agenda. Consequently, it may...
US Dollar Japanese Yen

USD/JPY Faces a Critical Support Zone as 1.10 Handle Now in Focus

The past week has been highly negative for the USDJPY as s sentiment swing, against the U.S. Dollar, has been in progress following some upset expectations around potential Fed rate hikes. Subsequently,...
US Dollar

Dollar falls across the board, gold rallies after new US healthcare bill fails to...

The dollar fell across the board and gold rallied as risk aversion in the markets increased demand for safe haven assets after news that the US House of Representatives failed to...
Haruhiko Kuroda

BOJ chief Kuroda says no reason to withdraw monetary stimulus now

Bank of Japan Governor Haruhiko Kuroda said on Friday there is "no reason" to withdraw the bank's massive monetary stimulus now as inflation remains far from its 2 percent target. Kuroda also...
Stock Exchange - FTSE 100 Index

Mixed sentiment pre-US healthcare vote

The FTSE 100 stocks stand strong against the pound appreciation. The FTSE index held the ground above the 7300p level on Thursday’s session and opened mixed on Friday. Improved global risk...
Japanese Yen

Dollar edges up above 111 yen ahead of healthcare vote in US House

The dollar was slightly higher in Friday’s Asian session, halting a nine-day slide against the yen, as US Treasury yields rose. Markets received some clarity on the US House of Representatives...
Donald Trump

Trump rally to be tested by healthcare vote

A growing sense of caution has gripped the financial markets this week with investors on standby ahead of Thursday’s key healthcare vote in Congress which may thoroughly test the Trump bump. Uncertainty...
British Pound vs US Dollar

Cable Loses its Upside Momentum Despite Surprising Retail Sales Result

The U.K managed to surprise everyone overnight as the latest round of retail sales proved highly robust, coming in well above estimates at 3.7% y/y. Subsequently, the pair rallied around 60...
Great British Pound

GBP gains on data, EUR on the rise

The UK’s retail sales, excluding autos, grew 1.3% month-on-month, printing a yearly expansion of 4.1% versus 3.2% expected by analysts. The solid data underpinned the GBP-bulls. The pair hit 1.2520 as...
US Dollar Japanese Yen

Dollar pauses slide against yen; focus turns to US House vote on healthcare

The risk aversion in markets dissipated today and demand for safe havens eased. This helped the dollar made some recovery against the yen, while gold paused its six-day rally. The dollar moved...
UK

UK Retail Data, Healthcare Bill and Yellen Under Focus

UK's retail sales data is going to command a major attention. traders are going to keep a close eye on Healthcare plan and Yellen's speech Today is all about two important events...
Donald Trump

Trump tax cut doubts hit stocks, lifts yen vs. dollar

Growing doubts U.S. President Donald Trump will be able to deliver on a promise of tax cuts that has powered stocks markets to record highs pushed shares lower on Wednesday and...
British Pound

GBP spikes higher with CPI, GBPAUD basing pattern underway

The relationship between oil, producer and consumer prices will continue to be under scrutiny over the coming months as markets decipher if BoE will indeed raise. GBPAUD shows sign of the...
Japanese Yen

Strong buying in Yen on US concerns

The USD hit the brakes today, as the market looked unhappy on the US uncertainty around the health care reforms that are struggling to gain any traction, despite all of this,...
Donald Trump

Dollar slides as investors fear delay in Trump fiscal plans

Risk aversion in the markets led to safe haven demand, helping the yen strengthen and the dollar index fall below 100. Sterling was one of the best performing major currencies after...
Euro Vs Poud

Mixed Technical Forecast for the EURGBP Amid Brexit Fears

In light of the escalating political tension between the EU and the UK, it may be worth taking a look at the EURGBP’s technical forecast in order to get a better...
Canadian Dollar

CAD: Settling In A New Range; What’s Next?

Credit Agricole CIB Research notes that after the early-March surge and the post-FOMC sell-off, USD/CAD could be settling into a new 1.33– 1.35 range. In that regard, CACIB argues that as oil prices...
Bank of England

UK inflation: Is the Bank of England really close to raising interest rates?

The British government has confirmed it will trigger Article 50 to begin exiting the European Union on March 29th. Despite rocking a touch on the news, sterling got off to a pretty...
France

Euro rallies after French debate; dollar under pressure after Fed speakers

The dollar remained soft in Asian trading today as it came under pressure from falling US Treasury yields following not-so-hawkish speeches by Fed officials on Monday. Chicago Fed President Charles Evans diminished...
Donald Trump

Markets ignoring political risks

Markets were unmoved by yesterday’s political risk events. Donald Trump's job approval rating took a hit, declining to 37% according to the Gallup poll. The U.S. President took another hit from...
Australian Dollar

Aussie Dollar Prepares For a Shift In Bias

Despite a rather spectacular recovery last week, the Aussie Dollar could be on the cusp or resuming its recent downtrend. If such a reversal does occur, losses could be fairly substantial...
Stock Exchange - FTSE 100 Index

FTSE slips from record high as banks, oil drag

Britain's top share index retreated from record levels on Monday, weighed down by falling energy stocks and banks. The blue chip FTSE 100 index was down 0.2 percent at 7,410.95 points by 1025...
Great British Pound

Risk-off on G20, Cable above 100-dma

The European equity markets started the week on a heavy risk-off sentiment after the G20 communiqué explicitly reflected the US intentions to establish trade protectionist measures. The FTSE 100 opened downbeat as...
Japanese Yen

Dollar under pressure, near 3-week lows against yen; gold extends rally

There was a quiet start to the week as closed markets in Japan led to lackluster trading during the Asian session. With not a lot on the economic calendar, investors digested...
Theresa May

Dollar Weakness Continues, Theresa May On Tour To Unite Country

Traders are paying more attentions towards the dollar as the Fed will gain more attention once again this week. Theresa May will start her tour around the country in a bid...
London Brexit

Fed talks and Brexit headlines on the radar the week ahead

The Fed hiked, the dollar tumbled, equities received a boost, and the yellow metal shined. This isn’t a price action one would expect when the central bank of the largest economy raises...
New Zealand Dollar

OCR in Focus For an Indecisive Kiwi Dollar This Week

The Kiwi Dollar finally began to stage a bit of a comeback last week which now begs the question, what’s next for the embattled pair? To answer this, it’s worth taking...
US Dollar Japanese Yen

USDJPY Likely to Remain Bearish in the Week Ahead

The USDJPY had a relatively torrid week as the pair was beset by a negative greenback sentiment swing following the FOMC decision. The central bank’s lack of hawkish guidance was the main...
Bank of England

The Bank of England’s hawkish surprise

Sterling popped on Thursday (March 16th) after a hawkish surprise from the Bank of England. The MPC was not unanimous in its decision to keep rates hold, with Kristin Forbes voting...
European Central Bank

Euro gets added boost on ECB official’s comments; dollar holds post-FOMC losses

The euro was one of the top performing major currencies in the Asian session today after being lifted by comments from a European Central Bank official who hinted at a rate...

POPULAR

Deutsche Bank signs up new London headquarters in show of faith in Brexit Britain

Deutsche Bank
Deutsche Bank has chosen a new office for its London headquarters, signalling a vote of confidence in Britain's...

Oil Prices Experience Biggest Drop in a Year as Oversupply Fears Escalate

Oil
Crude oil has declined sharply this month, as the prospect of a renewed supply glut from U.S....

Global stocks, bonds cheer bumper ECB cash handout

DAX
Euro zone stocks and bonds rallied on Thursday as banks snapped up almost quarter of a trillion...

Mixed sentiment pre-US healthcare vote

Stock Exchange - FTSE 100 Index
The FTSE 100 stocks stand strong against the pound appreciation. The FTSE index held the ground above...

Jobless claims unexpectedly rise; labor market still strong

US Employment
The number of Americans filing for unemployment benefits unexpectedly rose last week, but remained below a level...
Get the latest news delivered straight to your inbox