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OPEC finds itself crossing its fingers that the price falls of last week are a washout of positioning and not a structural change.Both Brent and West Texas Intermediate (WTI) ended down some 9% last...
GBP/USD has reeled off five straight winning sessions, but that trend could end on Wednesday, as the pair has posted slight losses. Currently, the pair is trading at 1.3370. On the release front,...
European markets are poised to open moderately higher on Tuesday despite following a negative session in Asia overnight on the back of some disappointing trade figures from China.China recorded a...
European stock markets are set to take a lead from the U.S. and Asia overnight and open almost 1% higher on Thursday, boosted by the prospect of a first rate hike in December.The minutes from the FOMC...
GBP/USD is showing limited movement on Wednesday, as the pair trades just shy of the 1.53 line in the European session. Taking a look at economic releases, there are no British events on the schedule....
GBP/USD is showing limited movement on Tuesday, as the pair trades at the 1.5340 in the European session. Taking a look at economic releases, British Preliminary GDP posted a gain of 0.5%, compared to...
This morning we’ll get some insight into how the U.K. economy performed in the third quarter and based on the data we’ve already seen for the period, we should not be expecting much from...
ECB Rate Decision and Press ConferenceAs the ECB approaches the one year anniversary of its long-awaited bond buying program, the eurozone finds itself back in deflation and investors are once again...
GBP/USD is unchanged on Wednesday, as the pair continues to have a very slow week. In the European session, GBP/USD is trading at 1.5450. In economic news, the British deficit narrowed to 8.6 billion...
GBP/USD is showing little movement on Monday, as the pair trades at 1.5460 in the European session. In the UK, Rightmove HPI slipped to 0.6%, down from 0.9% a month earlier. In the US, we’ll...
Lackluster U.S data over the past 24-hours (retail sale, PPI and beige book) has further diminished the market odds for a 2015 rate lift off (Oct. +2.5%, Dec. +32.5%). This is putting the dollar very...
GBP/USD is up about 100 points on Wednesday, as the pair trades at 1.5360 in the European session. The pound received a boost as the unemployment rate fell to 5.4% in September. Unemployment Claims,...
European markets are poised to open lower for a second day on Wednesday, following a negative lead from Asia although Chinese stocks are holding up quite well despite weaker inflation data...
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...
GBP/USD is little changed on Thursday, as the pair trades just above the 1.53 line in European trading. The pound has enjoyed a strong week, buoyed by a strong Manufacturing Production report on...