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Daily Look

Daily Look

All eyes on UK’s inflation report

January 12, 2015 - by - Leave a Comment

Not for the first time and certainly not for the last, the initial dollar reaction to the US employment report failed to be sustained through the remainder of the trading …

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Daily Look

A turbulent week for the euro

January 9, 2015 - by - Leave a Comment

EUR/USD fell to a nine year low on Friday, being sold off on the prospect that the European Central Bank will initiate something that more closely resembles huge and full …

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Daily Look

Mind the Gap

January 9, 2015 - by - Leave a Comment

War is often described as long periods of interminable boredom punctuated by moments of sheer terror. For currency traders, Non-Farm Payrolls day is very much the same – volatility spiked …

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Daily Look

EURUSD, GBPUSD, USDJPY Technical analysis, Pivot Points – Jan.

January 8, 2015 - by - Leave a Comment

EURUSD Daily Pivots R3 1.1983 R2 1.1939 R1 1.1888 Pivot 1.1845 S1 1.1794 S2 1.175 S3 1.17   A break of the lows at 1.183 is likely to pave way …

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Daily Look

Eurozone in deflation territory

January 8, 2015 - by - Leave a Comment

We mentioned yesterday how sterling and the euro remain the whipping boys of the FX markets and little has changed in the space of 24 hours. Eurozone inflation showing that …

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Daily Look

Euro and Sterling continue downhill

January 7, 2015 - by - Leave a Comment

Both sterling and the euro continue to be the whipping boys in FX markets at the moment as the outlook for both currencies remains rather bleak. For sterling the writing …

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Daily Look

Crude oil continues to slide

January 6, 2015 - by - Leave a Comment

Markets have started the year nervously and trends that were emerging at the end of 2014 are continuing into 2015. Crude oil and the euro are heading lower, the dollar …

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Daily Look

EURUSD falls

January 5, 2015 - by - Leave a Comment

The overnight session in Asia has driven the euro even lower with EURUSD taking out 1.2000 as the majority of traders return to their desks with expectations for full blown …

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Daily Look

Dollar starts 2015 with a bang

January 2, 2015 - by - Leave a Comment

The year has started in the way that many expect it to continue, with the dollar stronger. Overnight, this has been most evident against the Japanese yen, as well as …

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Daily Look

US posts strongest third quarter growth in 11 years

December 24, 2014 - by - Leave a Comment

There were some interesting dynamics on FX markets yesterday, as statisticians chopped away at UK growth and added to the US economy. The net result was cable moving one big …

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