Trade of the day: GBPUSD
Facts: RSI [14] is at approximately 35.9. The price is below the regression line within a narrowing ascending triangle formation....
Facts: RSI [14] is at approximately 35.9. The price is below the regression line within a narrowing ascending triangle formation....
Key takeaways The EURUSD pair fell to 1.1161 amid a crisis of confidence in French public finances. France proposed a...
Global markets enter the new week with investors balancing three competing forces: renewed fiscal concerns in Europe, fading expectations for...
Wheat prices are recovering towards $6.90 per bushel as renewed escalation risks between Russia and Ukraine raise concerns over the...
Danske Research Team reports that global equities ended last week only 0.5% lower despite a rapid rise in yields, with...
United Overseas Bank (UOB) strategist Quek Ser Leang notes GBP/USD recovered to 1.3238 after failing to extend Thursday’s decline, but...
Commerzbank’s Thu Lan Nguyen argues that growing concerns over France’s public debt sustainability are now weighing on the Euro (EUR),...
Copper prices are finding renewed support above $6.50 per pound as expectations for further Federal Reserve tightening ease following softer...
ING’s Warren Patterson notes that ICE Brent has repeatedly dipped below $100/bbl but continues to settle above this level as...
The euro is under renewed pressure against the US dollar, with EUR/USD breaking below 1.1200 and falling to its lowest...