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Sterling still a Sourpuss

GBPUSD, H1 Cable has found a footing after three straight down days, which yesterday culminated in a new 10-day low at 1.2557. The pair has...

Weak EU wide data as German Inflation ticks up

EURJPY, H1 Eurozone ESI economic confidence was much weaker than expected, with the headline number falling back to just 103.3, the lowest result since August...

Attention on Draghi this morning

The ECB Forum from Sintra, Portugal is the venue of a potentially significant speech from ECB President Mario Draghi. Euro is trading mixed so...

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...

Mrs May, Sterling and PM Johnson?

GBPUSD, Monthly The Pound has found a footing this week following a four-week phase of underperformance. This has helped Cable establish a range around the...

EURUSD retreats from 11-day high

EURUSD, H1 The Euro is mostly trading firmer so far today, with EURUSD having edged out an 11-day high at 1.1215, before rolling over to...

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