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EUR/USD and GBP/USD turned down, but in different fashions that made the cross interesting as well. What’s next for these two major pairs? The team at Citi revisits the charts: Read the rest of the... Read More
All eyes on German business sentiment
May 22, 2015
Risk assets continue to edge higher with equity indices rebounding from recent sell offs and oil prices bouncing. The dollar rebound though just seems to have run out of steam as yesterday’s better UK... Read More
The reaction to yesterday’s FOMC minutes were actually muted across the board, as we haven’t seen anything unexpected from the FED which will wait with raising rates for now even if the economic data... Read More
GBPJPY: Reverses Losses, Eyes Further Upside
May 21, 2015
GBPJPY: With GBPJPY reversing its one-day corrective weakness, it now faces further upside risk in the days ahead. This development leaves the threat of a move higher in the days ahead. On the... Read More
EURUSD Daily Pivots R3 1.1483 R2 1.1403 R1 1.1275 Pivot 1.1197 S1 1.1068 S2 1.0988 S3 1.086 Read the rest of the article EURUSD, USDJPY, GBPUSD TA, Pivot Points – May 20 2015 The post EURUSD, USDJPY,... Read More
Markets await UK inflation data
May 19, 2015
The single currency taking a bit of a beating early on, which has seen nearly one big figure taken off EURUSD. ECB Governing Council member Coeure has said that the ECB is to front-load QE purchases in... Read More
EURUSD Daily Pivots R3 1.1559 R2 1.1505 R1 1.1408 Pivot 1.1351 S1 1.1257 S2 1.1200 S3 1.1106 Read the rest of the article EURUSD, GBPUSD, USDJPY Pivot Points, TA – May 19 2015 The post EURUSD, GBPUSD,... Read More
On GBPUSD we have a slightly different outlook for the short-term. On that pair we see the possibility for another push up, above 1.5800 before the market turns down. We see wave (iv) now moving down... Read More
The pound has certainly moved higher, continuing its post-election rally, despite mixed events. Could it be entering a period of calm? The team at BNP Paribas explains: Read the rest of the article... Read More
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