Note: The table above is updated before publication with the latest consensus forecasts. However, the text & charts are prepared ahead of time. Therefore there can…
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…
Rates as of 04:00 GMT Market Recap Another “risk on” day with US stocks up 0.9% and most Asian markets following suit today. Things were even…
The Pound might turn much higher after the NFP number today and we prepare for a BUY. If the market would break out of the current…
Rates as of 05:00 GMT Market Recap That didn’t last long! After a one-day rally, stocks plunged further yesterday. The S&P 500 was down 6.3% after…
The GBP recovered after the British government unveiled a 30 billion pound economic stimulus plan yesterday, hours after the BoE slashed interest rates to lift the…
The Pound could come under further pressure until a trade deal might be found. The strong approach from the UK towards the EU is now being…
Technicals on major support point to a rise in the GBP for now. We bought the market with SL at 1.2980and TP at 1.3140 as the…
The sterling is not fairing well this morning with statements from EU chief negotiator Michel Barnier who warned the U.K. on Monday that the bloc will…
