Daily Look

The British pound plunged last week, as GBP/USD lost over 300 points. The pair closed at 1.4614. This week’s highlights are CPI and Claimant Count Change. Here is an outlook on …

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Global markets are in an ebullient mood this morning, with bourses soaring across the planet. Over the trading cycle, improving jobless claims data helped to ease investor concern about the …

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Heading into the weekend the Greenback has found legs as currency markets look past last week’s extremely disappointing Non-Farm Payroll result and Federal Reserve (Fed) minutes that indicated growing reservations …

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We are seeing daily ranges in major FX pairs move lower as the dollar continues in what can best be described as a corrective phase. The 10 day (simple) average …

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Greece is expected to make a repayment to the IMF today but that is not enough to keep the euro afloat as EU officials have placed a 6 day deadline …

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The Fed minutes last night revealed that “several” Fed members wanted to raise interest rates as early as June. Whether that view still holds in the wake of last week’s …

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EURUSD Daily Pivots R3 1.098 R2 1.0933 R1 1.0856 Pivot 1.0809 S1 1.0732 S2 1.0685 S3 1.0607   EURUSD failed in its attempt to break above the previously noted support/resistance …

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The Aussie dollar has been on the resurgence today as trading in Asia rounds out a solid session which also saw Chinese and Japanese shares spike to multiyear highs. Much …

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This evening sees the release of minutes to the 17-18 March FOMC meeting, where once again the Fed took with one hand (removing the word ‘patient’ from the statement) but …

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It is a rather peculiar re-entry Tuesday as the US dollar is rallying despite an overnight session filled with positive European economic data. Following Friday’s dismal US jobs report, the …

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