Daily Look

Friday’s equity market rally on the back of the goldilocks jobs numbers out of the US is finding it a bit of a challenge to carry through the positive price …

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EURUSD Daily Pivots R3 1.1381 R2 1.1335 R1 1.1270 Pivot 1.1224 S1 1.116 S2 1.1114 S3 1.1049   EURUSD failed to break above 1.13575 and saw a reversal from this …

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A new week and a new deadline looms for Greece who are due to make their biggest repayment of the year to the IMF, around another €770m tomorrow. The have …

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Sterling took centre stage this week as the results of a historically uncertain General Election proved surprisingly decisive. In a repeat of the 1992 election, where expectations were for a …

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In the end the polls measuring voter intention before the UK General Election have proved to be totally incorrect and now we are more certain that some form of stable …

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Despite the prospect of the UK General Election almost certain to result in a hung parliament, the markets have been relatively undeterred by the potential outcome in the past few …

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EURUSD Daily Pivots R3 1.1613 R2 1.1491 R1 1.1418 Pivot 1.1295 S1 1.1221 S2 1.1098 S3 1.1026   EURUSD broke out from the bullish flag formation to rally towards 1.13575, …

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EURUSD Daily Pivots R3 1.1405 R2 1.1313 R1 1.1249 Pivot 1.1157 S1 1.1091 S2 1.0999 S3 1.0935   EURUSD broke below 1.117 level yesterday but quickly recouped its losses to …

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Two events are dominating the outlook for today. The first is Greece; the second is the impending UK election. With regards to Greece, repayment of EUR 200 mln loan to …

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The UK Bank Holiday made for a flat-line on most majors yesterday. We’re pretty much guaranteed more volatility for the remainder of the week. This will cumulate on Friday with …

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