Cable dragged lower by EURUSD

Cable has been dragged lower by declines in EURUSD, which has driven the pair to a two-month low at 1.2944. The Pound concurrently ebbed against...

No brakes for Swissy?

USDCHF & EURCHF Swiss under-performance continues strongly. USDCHF and EURCHF's impressive rally, now in its 5th week, is at the loftiest level seen since January...

Loonie in a descending Triangle

USDCAD, Daily The Dollar majors have been plying narrow ranges in very thin conditions, with European centres remaining closed, along with Hong Kong and Australia,...

USOIL in the spotlight

WTI crude ended the week with modest losses, with Dollar strength prompting some pre-weekend position paring. The front-month contract bottomed at $63.52, after peaking...

NZD: Waiting for a directional sign?

The risk-on vibe in global stock markets was boosted by a strong set of data out of China this week and strong Labor data...

The weak Eurozone PMI data supports dovish ECB

EURUSD, H4 Eurozone preliminary PMI readings disappoint, with data showing that the manufacturing sector remains stuck in recession. The overall Eurozone manufacturing reading came in...

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