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Some will tell you than all the news is "baked into the price" of an asset. Stocks, crypto and even currencies. And for the pound sterling, there has been an overabundance of "bad news" from high...
The GBP/USD pair managed to erase early losses and trades virtually unchanged on Wednesday. The GBP/USD pair was weighed by cautious comments from the Bank of England officials, while the U.S. dollar...
Gold continues to be undermined by rising dollar and yields Rising interest rate expectations reduce appeal of zero-yielding assets Metal is testing key support, but it could break it this time Gold...
The British pound is in positive territory today. In the North American session, GBP/USD is trading at 1.1535, up 0.13%. UK Construction PMI remains in contraction mode The UK PMIs releases for...
GBP/USD is currently at 1.1565 in a 5th wave and a trend. If we can break the slope support, we are looking for a final move to the ATR target at the 1.1382-1405 area and then a reversal.We have...
Europe’s major currencies are trading lower once again today after Russia decided to shut its Nord Stream 1 pipeline that supplies much of Europe with gas. Understandably, this move from Moscow...
The bank holiday is over in North America, and the market is getting ready for increased trade volumes due to returning investors.The main stories in the market catching investors' attention are...
The dollar index rose above 110, updating 20-year highs on Monday morning as a flash reaction to increased pressure on the euro and British pound. European currencies are selling off amid an energy...
European stock markets are plunging at the start of the week following a day of mixed trade in Asia, with Gazprom's (MCX:GAZP) announcement on Friday weighing heavily on the bloc.A bank holiday in the...
The Federal Reserve continues to “price in” the next expected rate hike by the US Dollar, Indices, and gold. According to JP Morgan, who spoke to Bloomberg this morning, the market is...
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