GBP Downtrend Losing Control on Cloudy Brexit Outlook, Yen May Gain

Asia Pacific Market Open Talking Points GBP/USD eyeing November lows on increasingly uncertain Brexit outlook US lifting metal tariffs on Canada & Mexico enough for CAD, not for S&P Anti-risk Japanese Yen may gain as equities falter on stalled US-China talks Trade all the major global economic data live as it populates in the economic […]

EUR/USD Technical Evaluation: Euro Takes Aim at April Low

EUR/USD Technical Strategy: BEARISH Euro poised to challenge April low after near-term support break Break of 1.11 likely needed to confirm scope for lasting weakness Invalidating bearish bias calls for penetration above 1.13 figure See the quarterly Euro forecast to learn what is likely to drive price action through mid-year! The Euro’s recovery from late-April […]

EURGBP Extends Winning Streak as Brexit Uncertainty Weighs

EURGBP Price Outlook: EURGBP Extends Winning Streak as Brexit Uncertainty Weighs On the back of renewed Brexit uncertainty, EURGBP has staged an incredible rally over the last 9 trading days, surging from 0.8492 to 0.8748. The streak is the longest for EURGBP since the end of 2008 when the pair matched the current run. Beyond […]

Crude Oil Prices at the Mercy of Erratic Market Mood Swings

CRUDE OIL & GOLD TALKING POINTS: Crude oil price with stocks on a rare bit of upbeat US trade news Gold prices struggle for direction US Dollar, bond yields diverge Sensitivity to headline risk calling for cautious trading approach Crude oil prices rose alongside stocks yesterday as an apparent delay in US auto tariffs and […]

BRL Aiming at 7-Month Low, Ibovespa Futures Break Major Support

TALKING POINTS – BRAZIL CENTRAL BANK MEETING MINUTES, BRL, IBOVESPA BRL and Ibovespa trade nervously as US-China trade war escalates Brazilian financial markets eye local central bank meeting minutes Pension reform continues its struggle in Congress – report in May? See our free guide to learn how to use economic news in your trading strategy! […]
USDNOK Uptrend Continues Despite Hawkish Norges Financial institution, US CPI Next

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