CAD strength continues

AUDCAD, EURCAD and CADJPY As I wrote on Wednesday: "Therefore a breakout below Support area along with the fact that the pair moves within the...

EURUSD breaches Daily support at 1.1600

EURUSD, H1 Eurozone HICP inflation rose to 2.1% y/y in September, from 2.0% y/y in August. A higher reading than initially expected, but no total...

Banks merger talks, GER30 consolidates gains

GER30, Daily Deutsche Bank and Commerzbank are now involved in merger talks, after weeks (months)  of speculation about a possible tie-up between the two German...

A strong YEN so far Today

GBPJPY, H1 The YEN is very much in play in the European session.  USDJPY is at one-week lows at 110.82, GBPJPY is down even more aggressively...

The EU-UK Brexit Delay Spat Begins

Comments by opposition leader Jeremy Corbyn, hinting that a referendum could take place while also supporting the case of an election, coupled with Juncker's...

German Factory Orders adds to EUR woes

EURUSD, H1 German manufacturing orders dropped -1.6% m/m in December. Expectations had been for orders to recover from the drop in November, but instead, the...

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