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The Japanese yen broke below the symbolic 130 line earlier in the day, for the first time since February 3rd. In the North American session, USD/JPY is trading at 130.17, down 0.55% on the day. The...
The British pound is down considerably on Friday after mostly soft numbers out of the UK. In the European session, GBP/USD is trading at 122.13, down 0.60%.PMIs down, retail sales jumpUK releases are...
After an impressive rally, the euro is falling for a second straight day. In the European session, EUR/USD is trading at 1.0739, down 0.86%.German manufacturing falls, services riseGerman PMIs were a...
The British pound has edged upwards and is trading at 1.2296 in the European session, up 0.25%. Earlier, GBP/USD climbed as high as 1.2343, its highest level since February 2.BoE expected to deliver...
Equity markets in Europe opened a little lower on Thursday following a very mixed session in Asia and some heavy selling on the other side of the pond on Wednesday.While investors have been relieved...
Signs of permanent damage in oil?Oil prices are a little lower today after gradually recovering in recent days. While no one can say with confidence that a banking crisis has been averted, there is...
The British pound is in positive territory on Tuesday. In the European session, GBP/USD is trading at 1.2277, up 0.50%.UK inflation acceleratesFor Bank of England policymakers, the “how not to...
Equity markets are treading water this morning ahead of the Fed rate decision and following a decent rebound a day earlier.It very much feels like we’re just taking one day at a time at the...
Oil's Stalled recoveryOil prices are slipping again today after recovering strongly from the lows over the last couple of days. There’s still a lot of lost ground to make up which may highlight...
The Swiss franc is showing some strength on Tuesday. In the European session, USD/CHF is trading at 0.9238, down 0.58%.SNB expected to hike but by how much?The turmoil which has roiled the financial...
The euro has put together a 3-day rally and is up again on Tuesday. In the European session, EUR/USD is trading quietly at 1.0756, up 0.30%.Financial markets settle downLet’s start with some...
USD/CHF is trading quietly on Monday, after a tumultuous week. In the European session, USD/CHF is trading at 0.9276, up 0.15%.Credit Suisse takeover, central banks take actionThere was a flurry of...
After a tumultuous week in the financial markets, things appear to have settled down. The EUR/USD shows limited movement, trading at 1.0655.Central banks move in unison to contain contagionIt was...
We have seen some strong movement from the British pound this week, which is not surprising given the turmoil which has gripped the financial markets in the wake of the US banking crisis. In the...
The Japanese yen is in positive territory on Friday, trading at 133.02, up 0.56%. USD/JPY touched a one-month low on Thursday, falling as low as 131.72.How will BoJ react to the new wage agreement?The...
It has been a busy week for the euro, reflecting the gyrations we’re seeing in the financial markets. EUR/USD has bounced back from a mid-week slide and is trading at 1.0661, up 0.46% on the...
The euro rebounded on Thursday after sliding 1.5% a day earlier, its worst daily showing since September 2022. In the European session, EUR/USD is trading at 1.0613, up 0.35%.The financial markets are...