While the dollar is on a downtrend this week and against a basket of currencies, the USD dipped 0.1% to 93.180; it now sits at a…
GBP/AUD traded lower during the Asian session yesterday, after hitting resistance near Monday’s high of 1.8290. That said, the slide bottomed out near the 1.7725 level,…
After a 600pip move higher, the EUR could be ready for a break lower. Most technical indicators are in extreme overbought conditions showing potential risk to…
The equities market shows another round of exhaustion as prices seem unable to appreciate any further. Over the recent days, positive Earnings data had been presented,…
EU bourses headed lower today with the German DAX opening lower following a strong session across global equity markets overnight after the prospect of a potential…
The Euro Australian Dollar (EUR/AUD) exchange rate has slumped this week with the pair last seen trading around the 1.62 mark after some upbeat data from…
The sterling held on firmly to the previous session’s gains today, despite worries about Britain’s trade negotiations with the European Union. There is room for a…
The dollar lost some steam today after upbeat EU data boosted the euro and helped stoke hopes for a global economic recovery. Meanwhile, a spike in…
A return to safe-haven assets pushed the dollar higher today with the GBP/USD tumbling 0.5% lower as of 10:00 GMT on Thursday. We, therefore, sold the…
Major European indices opened higher on Wednesday, with the pan-European STOXX 600 index edging higher after reaching a one-month high yesterday on the Fed’s new bond-purchasing…
