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In London, the FTSE 100 is higher as the market started out strong, but the impressive inflation figures spurred on sterling, and eroded the some of the early gains of the equity market. Traders are...
This week there will be meetings of the Fed, the Bank of England, the Bank of Japan and the Swiss National Bank. However, the most attention of market participants will be focused on the meeting of...
Market OverviewThere are some mixed moves on markets with trading sentiment starting to consolidate as traders begin to settle down in preparation for the Federal Reserve meeting on Wednesday. The...
I got us into this mess and I will get us out Prime Minister Theresa attempted her best Margaret Thatcher impression yesterday evening to rally support for the continued occupation of 10 Downing...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It's going to be a very busy week in the foreign-exchange market and Monday's moves show us which currencies are the most...
Today's going to be a quieter session in terms of economic news, ahead of key events later this week. There are however at least three factors that need to be watched closely.As well as the political...
The pound is pulling back at the European open although it remains within its post-election range and has managed to stay above the GBP/USD low of 1.2636 made on Friday. The government is fragile,...
OANDA senior market analysis Craig Erlam discusses the recent stories moving financial markets and those coming up this week, including the UK election and monetary policy decisions from the Federal...
During the session on Monday, the economic calendar is all but empty, so truthfully it should be a very technical session. Obviously, by now you have heard about the UK election, so therefore avoiding...
As usual, nothing is ever simple in the world of politics; The UK general election on Thursday resulted in a hung parliament. The pound fell around 2% against most major currencies- and for those of...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.We are supposed to be in the dog days of summer but with the weather just beginning to warm up here in New York, investors are...
In a somewhat similar fashion to the Brexit situation, the pound tanked and FTSE was quick to recover its poise as the market reacted to the possibility of a hung parliament overnight, which was later...
We have a ‘hung’ UK parliament following the General Election. Here’s a short edition of what happened and the effects on GBP/USD along with other currencies and bitcoin…Watch...
There has been a massive chaos in the global market due to the US pending rate hike decision. Despite this chaotic situation the GBP/USD has managed to resume its bullish movement. The pair suffered...
The FTSE 100 started out ‘strong and stable’ as it was up over 1% shortly after the opening bell, but some of the gains have already been handed back. The collapse in the pound in the...