Business

GBP:USD briefly sold off and then recovered after Bank of England (BoE) Governor Andrew Bailey seemed to confirm that the bank was…

The Pound Sterling (GBP) could test the 1.2725 level before a pullback is likely; the major resistance at 1.2750 is unlikely…

The Dollar Index (DXY) is slightly softer after yesterday’s release of the ISM Services index disappointed consensus and made an 18 December…

Further range trading in Euro (EUR) appears likely, with an expected range of 1.0480/1.0550. In the longer run, EUR is…

France has been plunged into a political crisis, the question now is, will it trigger a crisis for financial markets?…

One of the largest US-based steel producers, US Steel (X.US) shares are down almost 8% today, because Trump reaffirmed plans of stopping…

Yesterday, Fed members John Williams, Christopher Waller and Raphael Bostic commented on the US economy and monetary policy. Waller signalled…

The week ahead: French budget woes and payrolls At the start of this week, the focus is likely to be…

Gold price meets with heavy supply on Monday and snaps a four-day winning streak.  Rebounding US bond yields help revive…

European Central Bank (ECB) policymaker Martins Kazaks said on Monday, “in my view, rate cuts must continue.” He added that “we…