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Get updates on the latest economic news and trends and how it affects currency prices and also commentary from experienced currency traders. Updated weekly. Podcast and weekly newsletter coming soon.

October 8, 2018

The US Dollar gained some ground against its peers in a turbulent week. What’s next? US inflation stands out in the second week of October which also sees tension rising towards Brexit and the mid-term elections Here are the highlights for the next week

The greenback kicked off the new quarter with fresh gains. Powell’s...

April 27, 2018

EUR/USD


The pair went much lower during the Wednesday’s session reaching the 1.21 level, the area which has massive importance and was also the scene of a major breakout. A bounce from here will confirm the continuation of the upside trend but the pair is experiencing huge downward pressure due to rise in the yield of...

April 27, 2018

   •  US GDP betters expectations and provides a minor boost to the USD.

   •  GBP continues to be weighed down by today’s dismal UK GDP print.
   •  Investors now look forward to Carney’s speech for fresh impetus.

The GBP/USD pair maintained its heavily offered tone through the early NA ses...

April 27, 2018

- The UK economy is slowing, and snow can't take all the blame

- Pound plummets as markets bet Bank of England interest rate in May is off the table

- Strategists at TD Securities exit bet on Sterling appreciation

- ING suggest a June hike is now a possibility

The British Pound has sold off sharply following the release of...

April 24, 2018

The British pound has steadied in the Tuesday session, after recording five consecutive losing sessions. In North American trade, GBP/USD is trading at 1.3975, up 0.25% on the day. On the release front, the UK posted a budget surplus of GBP 0.3 billion in March, beating the estimate of GBP -1.1 billion. CBI Industrial...

April 24, 2018

  • GBP/USD: weighed by continued strength in the greenback. 

  • GBP/USD: BoE rate hike probability for May now a coin toss. 

GBP/USD continues to suffer on dovish shift in BoE expectations on Carney and made a fresh low of 1.3917 in Tokyo yesterday where the pair is recovering from today. Currently, GBP/USD is tra...

April 16, 2018

EURCAD is trading slowly lower and something similar we can see on GBPCAD. Currently, we are tracking a correction in wave 4, which is trading within two corrective channel lines and approaching some interesting support levels. We are watching these two pairs very carefully and if we get a sharp bounce with five waves,...

March 29, 2018

The GBP/USD is trading some 0.20% down on the day around $1.4050. The US Dollar is on a roll across the board, thanks to a strong GDP reading in the US on Wednesday and a greenback comeback after the losses it suffered beforehand. The US economy grew by an annualized clip of 2.9% in Q4 2017 according to the final read,...

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