GBP vaulted upwards – Could this be sustained?

EURGBP Sterling vaulted higher on the perky UK wage data, which prompted interbank and short-term speculative participants to put a squeeze on short positions, especially...

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...

GBPCHF: Brexit VS Endless “War” messages

Sterling has hit fresh trend lows against the Dollar, Euro and Yen, among other currencies. EURGBP buying has been the latest focus of Pound...

Euro’s recoupment looks temporary

EURCHF, H4 The Euro is trading generally firmer, recouping ground lost against the Yen and Swiss franc yesterday as markets unwind safe haven premiums following...

Trade Woes Weigh across the Board

NZDUSD, AUDJPY & AUDUSD, Daily US and China look set on a prolonged impasse on trade. The US on Sunday demanded promises of concrete changes...

UK GDP Data In line but all a bit lacklustre

GBPJPY, Daily UK preliminary Q1 GDP met expectations with growth of 0.5% q/q, rebounding significantly from 0.2% growth in Q4. The y/y figure worked out...

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