Currency

The US dollar has started this week by losing its ground and has created a different interaction on global markets. The dollar index was 0.05% down at 100.84 at 02:45 ET. The EU political risk depreciated the dollar against the Yen by pushing down Treasury yields to one-week lows of 2.4%. Furthermore, GBP was flat […]

With the US markets being closed due to the bank holiday yesterday, volatility was fairly subdued for the Greenback, though the US dollar has opened with some strength this morning as traders realign positions. With Janet Yellen, in her testimony, taking a hawkish tone on the position of the Federal Reserve as an independent body, […]

It’s been a busy week yet again with big moves on many of the major markets, and yet again a lot of these moves have been generated by the uncertainty created by President Trump and the latest news out of his administration. With the resignation of Michael Flynn to his scathing media attack yesterday it […]

The EUR/JPY consolidated from Monday to Thursday and then broke out to the downside on Friday. Price closed below the supply zone at 120.00 on Friday, after generating a bearish signal, which may continue to hold out this week. EUR/USD: The EUR/USD went downwards from Monday till Wednesday and later bounced upwards. The upwards bounce […]

After a more turbulent market last week, we’re opening this morning on a fairly positive note for Sterling, after the Friday fall which was due to weak Retail Sales figures, which put a turn on the weekly strength. The data suggested that higher inflation is starting to act as a bit of a headwind to […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish From Monday to Wednesday, this pair went downwards, moving below briefly below the support line at 1.0550. Price then rallied above the resistance line at 1.0650, before getting corrected lower on Friday. The outlook on the market is bearish, and further bearish movement is […]

The labour market in the US remains hot and consumer spending is strong. It is vital for Yellen to decide when it is the right time to raise rates in order to cool down the US economy. As early as March or June? The interest rate decision is just a question of time, like she […]

The FX Reserves; which is the money or other assets held by a central bank or other monetary authorities has deteriorated to $117.3 Billion in December 2016 from $118.2 Billion in November 2016 in the United States. In other words, the FX Reserves in the US averaged $534.3 Billion from 1957 until 2016. The all-time […]

I was having a catch up with my good mate and uber cool pad holder Jarrod yesterday – we both share a fascination with human performance. We are both interested in what we can get out of the machine we wander around in all day. As part of this quest he had recently been to […]

Yesterday, Britain’s jobless rate figures were published for Q4 of 2016, indicating an 11-year low of 4.8% as firms keep hiring workers post-Brexit, but wage growth had reduced. The number of people in work grew by 37,000 in Q4, confirming 31.84 million people are in work, up by more than 302,000 employees from a year […]