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The pound is relatively strong ahead of the Bank of England meeting today
Market Brief The forex markets have reacted positively to the FOMC statement from last night. Fed Chair Powell said that ...
Tag: USDCNH
AUDUSD stalls at the daily 200 ema, with the returning US traders bidding up the US dollar too
Market Wrap Traders returned from their extended holiday and the US dollar caught a bid. One currency pair that I ...
US dollar pushing towards the $93 on Fed Bostic’s tapering comments
Market Wrap This week’s trading started with Chinese CPI data which is reported to have come in just above expectations. ...
EURUSD bearish momentum is increasing
Market Brief Today’s economic calendar has several data points related to Manufacturing PMI’s which could be market moving. There is ...
China Inflation Data Continues To Rise
Morning Brief Markets were quiet in the overnight session with the major forex pairs all trading within their previous day’s ...
Stronger US dollar ahead of employment data is applying pressure to the Yuan
Morning Brief At the London session open the US dollar is finding strength against the rest of the G7 currencies. ...
NFP Week – The Week Ahead
Market analysts Joel and Nev talk through the upcoming Tier 1 events that are happening in the markets this week. The ...
Oil breaks higher as OPEC+ meeting commences
Market Brief The Caixin China General Manufacturing PMI continued its growth in May rising to 52.0 from 51.9 in April. ...
German Inflation Data and weaker US dollar boost EURUSD
Market Wrap The UK and USA were on holiday today, so the trading was within thin markets. In the Asia-Pac ...
Indian COVID-19 Variant worries markets
Market Brief In the Asia-Pac session, the markets received some inflation data from China. Year on year the Chinese inflation ...
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