The Sterling market has been choppy, absent of a strong trend. The strength in the Sterling has subsided as we near tomorrow’s BoE interest rate decision. Let’s take a look at the ...
The Euro showed strength today after sliding to end last week and to start this week. We have correctly anticipated a rally in the EUR/USD that is treated as a corrective rally from 1.35. The EUR/GBP ...
The EUR/USD continued lower, but is in a correction rally after coming close hitting 1.35. GBP/USD is holding above 1.60, as the USD/JPY is held below 82.50. To start the week, the USD is unsure ...
Even though the NFP came in way lower than expected and lower than last month’s release, the greenback was able to continue a rally started yesterday. We saw a rebound in the USD Index, ...
Last week, we first saw signs of topping in the EUR/CHF, while other Euro-crosses struggled to top off, and in fact some continued to make higher highs like the EUR/USD. Today had we a more concerted ...
There will be the monthly Non-Farm Payroll this Friday, an event risk worth monitoring as it can shift risk sentiments. There will be the monthly Non-Farm Payroll this Friday, an event risk worth ...
Summary: In this video article we preview the week ahead, talking about the upcoming week, which is filled with important releases including the January non-farm payroll report. We examine what to ...
The protesting in Egypt is causing risk aversion in financial markets. The currency market saw a sharp flight to safety boosting the USD, JPY, and CHF. Let’s take a look at the EUR/USD, GBP/USD,...
Today Standard and Poor downgraded Japan’s credit rating from AA to AA-. This brought about a strong JPY sell-off. If the move today follows through, we might see a turn for weakness at least ...
The EUR/USD continues to rally into the 1.37-1.3745 resistance zone. EUR/GBP broke an important resistance at 0.8650, but the market might not close above it today after a strong reaction to push it ...