Guppy up this week as 42-day downtrend broken

GBPJPY, H1 & Daily GBPJPY, or the Guppy as it is affectionately known, like all the Sterling crosses, has had a "Hard Brexit looks less likely"...

Yen weak day – Will it last?

The main theme so far today has been Yen weakness, which took hold during the European AM session. This floated USDJPY to a 2-session high...

The Pound – Volatile but Pressured

GBPUSD, H1 The Pound continues to underperform the Dollar, which has driven a modest loss in Cable, to the lower 1.2700s. Markets are bracing for...

Sterling up on Carney, but Brexit funks

EURGBP, H4 and Daily  Sterling has lifted moderately after BoE Governor Carney hinted that rates may go up in the case of a no-deal Brexit...

USDZAR steady above 13.80, but still in a narrow range

USDZAR, H4 & Daily USDZAR has been moving sideways the past 2 days, within the range between the 50- and 200-day exponential moving average, at...

EURJPY led broader euro outperformance

EURJPY, H4 and Daily Eurozone retail sales declined in the April reading, correcting -0.4% m/m, after stagnating in March. The annual rate fell back to...

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