Central Banks Holding Back - There is only one direction in markets at present and that’s avoiding risk at nearly all costs. The fall below zero on the 10 year German...
Gold Technical Analysis - Gold markets went back and forth during the day on Tuesday, but eventually settled on something akin to a hammer. It looks as if we are trying to break...
USDJPY looks to FOMC and BoJ meetings - The Federal Reserve will be releasing its monetary policy statement, economic projections and holding a press conference later today. The...
Today's important market news - The latest polls ahead of the UK EU referendum have given a more convincing lead to the ‘leave’ camp, which has weighed more heavily on...
EUR/USD Analysis - The EUR/USD pair broke higher during the day on Monday, testing the 1.13 level for resistance. Ultimately, the market has been rather impulsive to the upside...
Sideways market emerging across the board - Most of the currencies are moving into a sideways pattern being established. EURUSD has bounced off above 1.1217 support and remains...
UK Retail Sales - The Chinese philosopher Lao Tzu said, "By doing nothing, everything is done." That may be the theme of the week as four major central bank meetings - US, Japan,...
Gold prices likely to move sideways - The markets opened today on a mixed note with GBPUSD extending declines including the euro, on a stronger US dollar. However, the yen...
The U.S. Dollar - The dollar edged higher against the euro and held steady against the yen today, as the previous session’s upbeat U.S. jobless claims data lent support to...
Daily Forex Analysis - The single currency was feeling the pain yesterday on the back of comments from ECB President Draghi, who was again underlining the ability of the ECB to...