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Market Drivers for October 14, 2015 Cable labor data mixed but pair rallies Comm dollars turn around Nikkei -1.89% Europe -0.76% Oil $47/bbl Gold $1174/oz Europe and Asia CNY: CPI 1.6% vs. 1.8% GBP:...
GBPUSD MovementFor the 24 hours to 23:00 GMT, the GBP fell 0.58% against the USD and closed at 1.5255. In economic news, UK’s PPI core output rose 0.2% YoY in September, as expected. However,...
The world of investing today offers countless opportunities to earn additional income. The most common way, which most retail investors have experience with, is investing directly in the underlying...
At the start of the year the debate was centred on when the major central banks (principally the UK and US) would start raising interest rates, despite the fact that many central banks were easing....
Interesting price action in the majors over the last 24 hours with limited volatility in some currency pairs and increased action in others. The focus yesterday was on the Euro and the Pound and even...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The sharp reversal in the British pound and Australian dollar were the two biggest stories in Tuesday's foreign-exchange market....
GBP is showing some fluctuation on Tuesday, as the pair trades just below the 1.53 line early in the European session. Taking a look at economic releases, British CPI slipped into negative territory...
The Japanese Yen recovered against the Dollar to trade above 119 yen on Tuesday trading session. In fact, the demand for the Yen has increased as a safe-haven currency amid uncertainties about global...
Volatility in the major instruments we monitor in our daily reports remained elevated yesterday and even though it was a Monday which are usually slow the price action we saw hinted us towards an...
GBP/JPY: With the cross printing back to back long-tailed candles on Friday and Monday to trigger bear pressure during early Asia session, we look for weakness to occur. The cross to target its Oct 07...
I'm pretty much worthless at short-term trading, but I'm going to take a guess at how I think the next week or two might play out for the US dollar and gold.The dollar needs to bounce for a day or two...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar started the new trading week heavy against all of the major currencies. With no U.S. economic reports...
When I was browsed charts for technical analysis I saw interesting situation on USDJPY. Since nearly two months price is moving in a triangle and already 2 times there has been attempt of his...
First, a review of last week’s predictions: - as expected, EUR/USD spent the week within the indicated boundaries. The bulls had a distinct advantage and, after two failed attempts on Thursday,...
On Friday the price action in the major instruments we monitor in this daily report remained on the same theme of volatility and inconsistency that we’ve seen in recent sessions. With the Dollar...