BoE weighs on GBP - The British pound is likely to come under pressure today as the Bank of England is expected to cut interest rates by 25bps, a close call which could go either...
US dollar - GBPUSD and the USDJPY rallied yesterday, breaching $1.32 and 104Yen respectively as noted in yesterday’s commentary. Price action is likely to pause in the near...
Gold hits 1350 as expected - Gold prices rallied early today testing the 1350 resistance as noted over the past few days. Further upside is likely to continue if price clears the...
Dollar Analysis - The US dollar gave up some of its gains for the second day yesterday as the markets continue to recover the Brexit led declines. The economic calendar today is...
EUR & GBP stage a recovery - The euro and the British pound posted a modest recovery yesterday while the yen weakened against the dollar following two days of intense...
UK votes to leave the EU - Markets plunge as Britons voted to leave the EU. Market volatility is likely to pick up in the aftermath of the EU referendum. Central bank speeches...
Crunch time for EUR and GBP - UK polls open today at 0700 UK time and could see an initial knee-jerk reaction on the GBP and EUR. That said, the GBP remains at risk of a...
Gold fails to hold gains above 1300 - In a volatile trading session, gold prices broke above 1300 yesterday to rise to 1315 but pulled back sharply. A bearish follow through from...
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...
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...
