The EUR/CAD weekly chart suggests a further selloff here. Below the strategic support at 1.4455 the market could gain further momentum to the downside and accelerate…
Rates as of 05:00 GMT Market Recap Yesterday’s European Central Bank (ECB) meeting was indeed the nothingburger that I predicted. There was little news besides the…
The EUR is in full swing lower for a second consecutive session. Having failed to break out at psychological resistance at 1.1200 we might now see…
Rates as of 05:30 GMT Market Recap The dollar is stronger all around this morning, except vs JPY. USD rose on Friday after US housing starts…
1. Hard Brexit Fears Keep the Sterling Subdued European stocks started the day on a bearish note on Wednesday following U.K. Prime Minister Boris Johnson’s vow…
1. Is the Fed About to Restart QE and How Will It Affect the USD? Market participants will largely focus on the Fed’s latest decision on…
1. Today’s FOMC Can Make or Break the EUR/USD The USD halted its move upwards ahead of tonight’s FOMC meeting while the EUR is recovering slightly…
1. EUR and GBP Subdued On EU Elections Results and Brexit Uncertainty The EUR is currently under pressure due to the volatile political landscape, while the…
1. Global Stock Markets Plummet on Fresh Trump Threats Mainland Chinese shares declined on Monday amid uncertainty on the U.S.-China trade front. The US more than…
1. Gold Skyrockets On Brexit Uncertainty And Weaker Dollar Gold scaled a near two-week peak on Wednesday, after reclaiming the key $1,300 level in the previous…
