Sterling remains pressured even as GDP bounces
GBPUSD, H1 UK GDP revised sharply higher in the final reading. The quarterly growth rate was boosted to 5.5% from 4.8% previously, which left the annual rate at 23.6% y/y….
Read More »Hawkish hold by Fed, BoE up next
Overnight Headlines *USD near one-month highs after choppy FOMC session *US stocks rallied on easing Evergrande concerns *The Vix dropped close to 20 as market jitters reduced USD was choppy…
Read More »Midweek Market Podcast – September 22
Equity markets tanked, while the Dollar and Yen got safe haven bids before the more Dovish than expected BOJ pulled the JPY lower. CAD rallied on a new Trudeau government…
Read More »Relief rally after full blown selloff
Overnight Headlines *USD pulled back form the March high at 93.43, lower this morning *US stocks dropped below key SMAs before pulling back *Vix spiked close to 30, currently trading…
Read More »Events to Look Out for Next Week
The week ahead is expected to be a massive one, as four of the major Central Banks – the Fed, BoJ, SNB and BoE – will announce their rate decision…
Read More »USD stuck in a range
Overnight Headlines *USD erased losses after falling on softer US CPI *US stocks gave up earlier gains to close lower *UK CPI y/y +3.2% vs 2.9% expected, m/m 0.7% vs…
Read More »US CPI on the radar
Overnight Headlines *USD rose to a two-week high before pulling back *US stocks snapped a five-day losing streak *AUD falls on continued dovish RBA Lowe comments *UK unemployment rate falls…
Read More »EUR/JPY Price Analysis: Bears seek a test of 129 the figure
EUR/JPY is holding in neutral territory on the daily chart after making a firm correction of the neckline to the M-formation. As the illustration belo
Read More »Market Update – September 10 – USD Slips, Asian equities rally
Market News USD (USDIndex 92.45) slips from highs as risk sentiment picks up as CB keep their foot on the pump. Biden & Xi had a “productive” 90min call, their…
Read More »Sterling storming back
Cable, Daily The pound has perked up over the last day, with Cable posting a one-week high at 1.3888, just shy of last Friday’s, post NFP pop to 1.3890. EURGBP…
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