Investors won’t get any reprieve from the economic calendar on Wednesday, as governments in Europe and the United States unleash a fresh wave of economic data. Action begins at 07:00 GMT with a report on German consumer confidence courtesy...
The Pound showed high volatility against the US Dollar on Monday, as the pair was trading in the 1.4063/1.3941 area during this time. Strong bearish sentiment took over the market mid-session when the rate plunge 121 pips within a...
The German prelim CPI Overview The German inflation data is up for release later this session at 1300GMT, with the CPI figures expected to rebound to +0.6% m/m in February, while easing 1.3% annually, compared to the 1.4% result reported in...
After a moderate start to the week, investors can expect a deluge of economic reports from both sides of the Atlantic on Tuesday. Action picks up at 07:45 GMT with a report on French consumer confidence, followed immediately by...
Cable could extend the upside to the boundaries of the 1.4100 handle, suggested Karen Jones, Head of FICC Technical Analysis at Commerzbank. Key Quotes “GBP/USD held relatively steady last week and we remain unable to rule out another attempt on...
Monday kicks off a highly active week in the financial markets. On the agenda is a steady stream of US economic data and an important speech from one of the Federal Reserve’s policymakers. European data headline a light European...
In the G10 currencies, GBP and NZD are the top gainers (up 0.50% each versus USD). The top losers are CAD and USD neck and neck with each other. In the Equities space, the Nikkei 225 has closed higher...
• Bullish momentum fizzles out ahead of the 0.7900 handle. • Weaker USD/US bond yields fail to provide any fresh bullish impetus. The AUD/USD pair trimmed some of its early strong gains and has now retreated over 20-pips from multi-day tops...
Despite two attempts to breach 107.20 during the previous 24 hours, the strong resistance of the 55–, 100- and 200-hour SMAs and the monthly S1 was strong enough to limit any gains above this mark. The bearish sentiment was...
International ICOs may need to consider US regulations to avoid falling foul of the SEC in the event of US persons acquiring tokens.
