Where next for the euro ?
For the euro index, this could best be described as one of a long slow decline for the single currency, and of course the big […]
2017
Yen index as we wait for NFP
The second most important currency index is the Japanese yen and moving to the daily chart, the price action here is more laboured and also […]
USD index ahead of NFP
It’s always interesting to check in on the primary currency indices ahead of any major release and even more so when it is Non Farm […]
EUR/GBP continues higher after trap move
Session crossovers, particularly in the transition from the Far East and Asia into the European and London session, are always a happy hunting ground for […]
Aussie dollar continues to remain bearish
The Aussie dollar has continued its stately progress lower helped along by comments from the RBA, as interest rates remain on hold as expected. And […]
New Zealand dollar remains under pressure on two fronts!
The New Zealand dollar which has continued to remain under pressure in overnight trading and into the London session, as the reverberations from the election […]
A red letter day for oil and for OPEC
OPEC will no doubt be finally drawing a collective sigh of relief as the management of the glut of oil supply finally seems to be […]
Brexit on hold as EUR/GBP consolidates
With Brexit having been put on hold whilst waiting for the German elections, and with last Friday’s minor downgrade for the British pound price action […]
EUR/NZD is a game of two halves
Always interesting to consider a currency pair where both have seen recent elections, and even more so when both are indecisive, and in this case […]
Euro weakness after Merkel fails to gain an outright victory
The euro is another currency which has been suffering in early trading at the start of a new week, as markets come to terms with […]
GBPUSD remains under pressure following Moody
Cable continues to remain pressured on the 60 minute chart following the release of the Moody downgrade for the UK economy which came late on […]
Flash crash in the pound following Moody’s downgrade of UK
Last Friday, with most traders already having wound down for the evening, and headed home for the weekend, Moody’s decided it was time to spook […]
VIX now approaching single figures once again
For major US indices and indeed the European bourses, last week was another which saw risk on sentiment return as the markets become ever more […]
Where next for US equities and the YM ?
Whilst August is generally a month of relaxation and rest, for the US indices it has been one of turmoil and tumult, signified with wild […]
Gold bugs bathe in the warm summer sun
For gold bugs, and even for their lesser brethren in silver, not only is the sun shining in the summer months, but the sun is […]
Copper shorts squeezed as the red metal shines
The current bullish trend for copper shows no sign of slowing just yet with the red metal touching a 3 year high largely driven by […]
Some interesting developments on the dragon
For those forex traders who enjoy the challenge of trading the dragon, namely the GBP/JPY, the pair is now developing some interesting characteristics on the […]
Politics, rhetoric and fantasy drive the US dollar
As the monthly leviathan of NFP rolls into town once again, it is perhaps the weekly chart for the dollar index which is more pertinent, […]