City Index

After declining 0.4% across the previous week, EUR/USD is holding steady in early trade on Monday. Optimism over a U.S. – China trade deal has had a limited effect on the currency pair which has...

With gold eyeing 1500 (and possibly beyond) as we head into 2020, here are some gold mining stocks which are displaying promising technicals.With gold eyeing 1500 (and possibly beyond) as we head into...

It seems that the phase one of the US-China trade deal is working as China said Monday that it plans to cut tariffs on imports including frozen pork and semiconductors from the beginning of the new...

AUD/JPY: A bullish channel has been developing on the weekly chart since AUD/JPY failed to close the week below January’s flash-crash low in August. Moreover, a bullish outside week...

As of Tuesday 17th December: Large speculators were net-long USD by $14.5 billion, down by $3.6 billion the prior week Bullish exposure fell to DXY its lowest level in 18-monthsGBP...

After touching a two-week low in the previous session, the pound is on the rise versus the US dollar on Friday. GBP/USD is up 0.3% targeting $1.3050 after hitting a nadir of $1.2991 in the previous...

The FTSE is seesawing with no clear direction at the end of a week that saw the index gain 6.8%, one of the largest weekly gains since mid 2017. The slightly stronger pound played a role, helping...

Original Post

In the 6th December, EUR/NZD tested the March trendline and began to rebound. Given the general lack of pullbacks since the decline from 1.7700, it was plausible to expect a larger rebound...

UK firms with a strong focus on the domestic market are recovering this morning in the absence of negative Brexit headlines. A slight recovery in the pound is also helping the likes of British Land,...

More to the point, today’s employment data reduced the odds of RBA cutting in February. For now. Unemployment rate falls to 5.2% (5.3% prior)39.9k jobs added (highest gain since...

FX Brief: Trump became the third U.S. president in history to be impeached. The first article was 230-197 in favor of ‘abuse of power’ and the second was 229-198 on...

The Bank of England will give its final monetary policy announcement of 2019 on Thursday.Still No Brexit Clarity With a resounding Conservative win in the elections the UK will almost certainly be...

A slight decline in the pound is working in favour of UK exporters this morning but concerns over Brexit are capping a FTSE rally. Among the risers, Pearson's (NYSE:PSO) shares spiked after the...

NZD/JPY is retracing from its highs towards a key level of support ahead of GDP data later today (tomorrow morning in Asia). Like AUD/JPY, NZD/JPY can also be a great barometer of risk...

The difference between a bearish engulfing candle or bullish hammer on the monthly chart is to be decided over the remaining sessions for the year.The U.S. dollar is following its seasonal tendency of...