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The day we’ve all been waiting for has finally arrived as Jerome Powell prepares for his keynote speech at Jackson Hole. I have no doubts Powell will have chosen his words very carefully today,...
The Jackson Hole Economic Symposium continues for a second day, and all investors turn their attention to the Federal Reserve Chairman's speech. Investors are hoping that the head of the world’s...
GBP/USD is currently at 1.1780 in a bull flag for the pair. If we can break the flag, we are looking for a continuation to the R4/ATR target at the 1.1961 area with a bigger target the 0.382 Fibo at...
The British pound has reversed directions today and is in negative territory. In the European session, GBP/USD is trading at 1.1778, down 0.44%.Weak US New Home Sales Sends Pound HigherTuesday was an...
US Dollar could weaken on profit taking in light of poor data All eyes and ears on Jackson Hole and Powell speech on Friday Bullish engulfing at prior lows points to at least a short...
The British pound has jumped 0.82% today, as the currency has rebounded somewhat from its worst week of the year. GBP/USD plunged 2.53% last week, as the US dollar found its mojo after weeks of...
While economists in the US and Canada, and later policymakers, are talking about peak inflation, that moment is yet to come for the UK. Annual inflation has reached double-digit territory at 10.1%. At...
Today is proving to be a busy day for the markets with a lot of volatility and plenty of economic news scheduled to be released throughout the day. The UK, Australia, and New Zealand have all already...
A mixed start to trade in Europe after a more promising session in Asia overnight where stocks may have been boosted by talk of more pro-growth policies in China. That followed disappointing data late...
The UK employment statistics package failed to inspire the currency market to buy the pound. The released data showed a slowdown in the labour market, which is still far from recovering to...
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