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The pair dipped to the session low in early US trading on Friday, following the latest comment from President trump, who said that tariffs story was completely wrong, without providing further explanations. China’s officials are expected…
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The Euro surged to four-month high in Asia on Friday, underpinned by strong rally of British pound, but EURGBP losses tempered gains. Fresh advance surged through important barriers (200DMA / former highs) but faced strong headwinds from…
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Cable eases below initial support at 1.3400 in early European trading, after skyrocketing to new 1 ½ year high at 1.3514 overnight, on announcement of Conservative Party election victory. Corrective action was sparked by profit-taking…
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The Euro jumped to new five-week high (1.1154) on remarks from new ECB president Christine Lagarde, on press conference following central bank’s decision to keep policy unchanged. Lagarde said that inflation pressures remain muted but…
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Euro rallies to new 5-week highs as ECB President Lagarde speaks #ECB #Euro #ChristineLagarde
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Spot gold is consolidating after 0.75% advance on Wednesday, which generated bullish signal on break and close above pivotal Fibo barrier at $1472 (Fibo 38.2% of $1515/$1445 fall). Gold was strongly boosted by Fed’s decision to keep…
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Cable ticked to new nine-month high at 1.3228 in Asia on Thursday in extension of post-Fed rally but eased back to 1.3200 zone in early European trading. The pair remains biased higher on positive sentiment over UK election as…
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The Euro maintains positive tone in early Thursday’s trading and probes again through cracked Fibo barrier at 1.1132 (76.4% of 1.1179/1.0981) after Wednesday’s post-Fed advance spiked to 1.1144 but failed to close above. German inflation…
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The Euro jumped at the beginning of the US session on Wednesday, after mixed US inflation data (Nov CPI m/m 0.3% vs 0.2% f/c but offset benign core CPI which came in line with expectations at 0.2%) deflated dollar. Today’s dip to 1.1070…
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Cable edged lower in early Wednesday’s trading, after spiking to new highest level since 24 Mar (1.3215) on Tuesday, as the latest polls showed a narrowing lead of Conservative Party (28 seats majority vs 68 two weeks ago) that also…
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