Market Wire

Market Wire


GBP/USD: Cable Spikes Ahead of GDP Data

Great British Pound Currency
Sterling was volatile ahead of the GDP report, but no big movements are expected after the news. London...

Dollar bulls eye US CPI inflation data

US Dollar Currency
Has the dollar slide run its course? The US CPI inflation and core inflation figures are in focus...

False Breakout Could Be About to Send Gold Reeling

The past six months have proved relatively positive for gold as the metal has continued to make...

Morgan Stanley predicts euro parity with pound for 2018

Great British Pound Currency Euro
U.S. investment bank Morgan Stanley raised its currency forecasts for the euro on Friday, predicting it would...


GBP recovers to 1.29 on surprise UK wages data

Great British Pound Currency
The UK wages growth surprised on the upside, as the British households saw their average earnings improved...

UK unemployment falls again to lowest since 1975, wage growth still lacklustre

Employee at Steel Plant China
Britain's unemployment labour market bucked tepid economic growth in the second quarter as the unemployment rate unexpectedly...

US Dollar holds gains

Federal Reserve
The dollar held on to big gains on Wednesday ahead of today's Federal Reserve's minutes. The Fed releases...

Dollar Torpedos Gold Whilst Oil Checks Its Inventory

Gold Commodity
Huge inventory draw saves crude’s blushes as a stronger dollar twists the knife in gold’s side. The American...

EUR/CHF: Limited Downside Risks From Current Levels; Staying Long

Credit Agricole CIB FX Strategy Research argues that EUR/CHF faces limited downside risks from current levels on the ground that...
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