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Daily Look

Daily Look

EUR/USD and GBP/USD pressured lower

October 22, 2014 - by - Leave a Comment

The main move on Tuesday was the decline seen in EURUSD, which saw the week’s short-held gains put aside as the market reacted to fresh speculation of stimulus from the …

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Daily Look

Chinese growth stalls in the third quarter

October 21, 2014 - by - Leave a Comment

Overnight data from China showed the economy slowing in the third quarter in year-on-year terms, although not by quite as much as anticipated by the market. Headline GDP increased 7.3% …

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Daily Look

EUR/USD, GBP/USD, USD/JPY Technical Analysis – October 21

October 21, 2014 - by - Leave a Comment

EURUSD Daily Pivots R3 1.2919 R2 1.2867 R1 1.2833 Pivot 1.2781 S1 1.2747 S2 1.2696 S3 1.2661   The EURUSD looks to be heading towards testing a long term resistance …

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Daily Look

A rise in FX volatility

October 20, 2014 - by - Leave a Comment

We’ve seen an undeniable shift in sentiment over the course of the month. Markets are now a lot more focused on the risk and implications of deflation, rather than looking …

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Daily Look

Fed Flies Dove Flag; USD Consolidates

October 17, 2014 - by - Leave a Comment

There is an unfamiliar shade of green across most order screens this morning, with risk appetite rebounding after equity markets were able to stall the disastrous week of declines yesterday; …

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Daily Look

GBP/USD declines after Bullard’s speech – Watch CAD

October 17, 2014 - by - Leave a Comment

Markets seem to have stabilised for now but it may be temporary as investors adjust for an environment of lower inflation, lower growth and higher interest rates, although it’s still …

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Daily Look

Volatility Returns to Markets

October 16, 2014 - by - Leave a Comment

Volatility has returned to global markets as investors weigh cuts to economic growth projections for 2015. Oil prices fell below $80 per barrel overnight as US treasuries and the dollar …

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Daily Look

UK inflation rate postpones rate hike

October 15, 2014 - by - Leave a Comment

The past week has seen a dramatic re-assessment of exactly when markets expect both the US and also UK central banks to raise interest rates. We’ve seen the biggest 1 …

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Daily Look

Markets edgy over taper dismount

October 14, 2014 - by - Leave a Comment

Indices look to have found a floor for now but there remains a palpable concern amongst investors that the worst may still be to come. The market is aware that …

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Daily Look

Markets quiet on Columbus Day

October 13, 2014 - by - Leave a Comment

The dollar had a whirlwind week and what looked like it would be a protracted retracement turned out to be little more than a very brief reversal in fortunes. The …

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