Forecast for the markets this week
This week of course, the financial markets are really only concerned with one event – no, not whether President Obama gets to keep his job […]
pound dollar
Market forecast for next week
Risk sentiment wained last week sending equities and commodities lower, whilst Spanish bond yields climbed, as investors moved away from riskier assets and into safe […]
Bullish momentum on the daily GBP/AUD chart
The GBP/AUD delivered a classic set up on the daily chart following several weeks of sideways with the pair finally breaking out from a narrow […]
Expect further weakness on the daily US dollar index chart
This week, was of course, dominated by one item of news, which was the much heralded announcement by the Federal Reserve on Thursday of a […]
Pound Dollar Bounces Back
Sterling’s recent rally against the dollar certainly petered out with a bang yesterday, following release of dreadful UK gdp figures which came in at -0.5% […]
Sterling Rally Petering Out
An interesting article in the FT suggesting that the forex market’s current love affair with sterling may be overdone prompted me to look at bit […]