Forex

EUR/USD has been rising since mid-April and last week broke through its downtrend line.

2024-05-23T06:46:43+0100

EUR/GBP drops while GBP/USD rallies as UK inflation slows less than expected despite it dropping significantly to 2.3% YoY, EUR/USD flat

2024-05-23T01:18:05+0100

While UK inflation slowed markedly in April, providing some cheer for consumers, signs of strength in services pricing has spoiled the party for dovish Monetary Policy Committee members.

2024-05-23T01:18:05+0100

The anticipated drop in UK's CPI data for April is a key determinant for a potential interest rate cut in June by the Bank of England.

2024-05-22T06:14:51+0100

The British pound stayed near two-month highs against the US dollar as markets anticipate key UK inflation data, which could impact upcoming Bank of England rate decisions.

2024-05-22T05:13:41+0100

​​​AUD/USD revisits support while EUR/USD consolidates and USD/JPY probes upside​ amid Fed ‘rates higher for longer’ talk.​

2024-05-22T01:28:05+0100

​​​EUR/USD, EUR/JPY and GBP/USD resume their ascent​ amid Bank of England (BoE) and Fed talk.​

2024-05-20T23:53:49+0100

Since the DAX 40 is displaying potentially short-term toppish technical signals we would like to go short the front month futures contract or index with a stop loss above last week’s record high and a downside target at 18,250.

2024-05-20T23:50:42+0100