Pound breaks last week’s band

Eurozone manufacturing PMI unexpectedly revised down to 47.6 in the final June number, from 47.8 in the preliminary reading. This means the manufacturing reading...

Yen formed a skydiving flight

USDJPY hit a 5-month low at 107.45 following the Fed's dovish signal. In the near term this could scope for a rebound, in the...

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...

Sterling – BoE, PM Johnson & Brexit

GBPUSD, H1 Yesterday, June 20, Cable broke and breached the 20-day moving average for only the sixth day in the last 60 and recovered the...

EURO near 1.1400 ahead of Draghi and UK Vote

EURUSD EURUSD has tumbled to a 1-week low at 1.1422  after Germany posted the slowest growth rate in the past 5 years.German GDP growth slowed to...

USDJPY breaches 110.00 & Moves to Overbought

USDJPY, H1, H4 & Daily The Dollar bid continued across the board today with EURUSD under 1.1300, Cable briefly under 1.2900 before finding support and...

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