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Market OverviewFor the third time in less than a week the dollar has been hit by weak US economic data and this time seems to have been the decisive blow which will finally put any chance of a Fed...
GBP/USD fell sharply lower a few months back after vote counts for EU membership showed that UK wants to leave the Euro zone. Pair fell to a new low which was technically expected as you know since we...
Market OverviewAfter a quiet day of trading without the steer from US markets that were closed for Labor Day national holiday, there is still a degree of uncertainty amongst forex markets ahead of...
The GBP/USD aka the cable, is currently set for a possible reversal towards 1.3370 and 1.3456. We have an important POC. The price is currently 1.3328 but we could easily see the rejection towards...
August saw the UK economy score a hat-trick of good news with a record rebound in the services PMI to round things off after solid readings for the manufacturing and construction sectors were reported...
Market OverviewThere was somewhat of a mixed reaction on the dollar since Friday’s Non-farm Payrolls report as traders weigh up the implications for a September FOMC rate hike. A late dollar...
Market OverviewWill today’s Non-farm Payrolls signal to the FOMC that it is time to hike again in September? That is the question that many traders will be asking when the most widely watched...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Investors took profits on their long dollar positions ahead of Friday’s nonfarm payrolls report. The sell-off was...
Market OverviewThe dollar has been strengthening in the days since Janet Yellen’s hawkish lean in her Jackson Hole speech and this is now driving some key tests across major markets. Forex pairs...
The decline of the European commission economic confidence and mortgage approvals lifted the pound in the morning session. The market experts sent caution regarding the impact of Brexit in the foreign...
A move to 107.50 would confirm a double bottom formation, says Clive Lambert, Director, FuturesTechs while talking to Tip TV’s Zak Mir. Lambert presents his technical outlook on majors markets...
Quiet FX Markets with private ADP data the one of note today - my FX and Bitcoin commentary today at CME London… Disclaimer: ADM Investor Services International Limited is authorised and...
General market themeDollar continued its advance against the rest of the major currencies over the past 24 hours, after the beginning of the week when the US currency seemed to be slowing down against...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The divergence in currencies on Monday was short-lived as investors snapped up U.S. dollars ahead of Friday’s...
General market themeLimited price action in the major money markets during the first 24 hours of the week, and with the UK markets closed for the Summer Bank Holiday we don’t have much to talk...