GBP/USD Open 1.4732 High 1.4856 Low 1.4644 Close 1.4725After strong rise at the beginning of this week, on Wednesday Pound/Dollar corrected deeply downwards, in line with negative Interbank sentiment at around -29%. The Cable depreciated from 1.4856...
Caution and tentative trading came back into the broad markets swiftly on Wednesday as economic data from the U.S. managed once again to emphasize that not all is well. The USD gained on the EUR and GBP...
Economic data from Europe was rather light and the EUR traded under the gyrations of risk sentiment. CPI releases from the E.U. proved lackluster, demonstrating once again that inflation is not a predominant theme in the current...
The Sterling turned in a rather flat trading session while losing a bit of ground to the USD on faltering sentiment. Today will be a big day of data from the U.K. with Retail Sales and CBI...
The consolidated range that the JPY and USD has been undertaking for months continues. Asian bourses found themselves in weaker territory on the heels of less than promising data from the U.S. yesterday. With important data ready...
Today is expected to be a very busy say, as many key numbers and events are scheduled to be released. The Swiss central bank is expected to keep its benchmark interest at 0.25%; however, SNB rhetoric on...
Crude pushed strongly to the upside but was not able to stabilize above 78.00 for long, where it returned to near support for the ascending channel that organizes current trading, due to the negative ongoing effect that...
EURUSDThe negative pressure on the pair has caused a direct negative impact on momentum indicators as the pair descends towards support for the minor upside channel, shown below in the four hour chart.
Despite a rise in U.S inventories last week, Crude prices rallied, boosted by strong equities and largely positive U.S economic data and demand figures.
EUR/USD Open 1.2311 High 1.2349 Low 1.2263 Close 1.2309On Wednesday Euro/Dollar traded hesitantly and within a narrow range. The European was moving within less that 100 pips range 1.2263 – 1.2349 yesterday, in line with the Interbank...
