Greece Gets Saved, So Who Is Next On The Bailout List?

Greece Gets Saved, So Who Is Next On The Bailout List?   GBP/USD is currently trading at about 1.14600 the figure, GBP/EUR is trading just the 1.3100 mark in the forex market and was able to move the 1.3100 mark for the first time since early February. Sterling is enjoying a nice move higher after […]

A Month To Go Before The “Brexit” Vote and YouGov Shows A Dead Heat

A Month To Go Before The “Brexit” Vote and YouGov Shows A Dead Heat   GBP/USD is currently trading just at about the 1.4500 mark at the moment, GBP/EUR is trading at about 1.2930, we are a little bit lower on both of those than where we were on Friday afternoon and certainly we’ve started […]

Japanese Economy Grows At 1.7%, After Dropping 1.7% The Previous Quarter?

Japanese Economy Grows At 1.7%, After Dropping 1.7% The Previous Quarter?   GBP/USD is currently trading at about 1.4440, GBP/EUR is trading at about 1.2810, so GBP/USD is a little bit lower than where it was this time on Tuesday and the GBP/EUR is managing to hold up at roughly the same kind of level. […]

FED Will Not Be Happy With A Stronger USD Through The Summer, Trade It!

FED Will Not Be Happy With A Stronger USD Through The Summer, Trade It! GBP/USD is currently trading at about 1.4370, GBP/EUR is trading at about 1.2690, with GBP/EUR roughly where it was this time on Friday and the GBP/USD is a little bit lower courtesy of a strong U.S. retail sales number on Friday, […]

The Greenback Gets Put Under Stress, Is It A Value Trap?

The Greenback Gets Put Under Stress, Is It A Value Trap? Markets in Asia swayed on Wednesday, with the Japanese Yen pushing higher versus the greenback and crude oil prices withdrew. Stocks across Asia spent much of early morning trade in positive territory following the biggest one-day gain in over 2-months that was posted on […]

Greece Owes €3.5 billion In July And They Can’t Pay It…

Global Foreign Exchange Market News Update   GBP/EUR is currently trading at about 1.2670 and GBP/USD is trading at about 1.4420. Monday saw the Sterling managing to keep a fairly even kill, despite comments from both Cameron and Boris Johnson on their respective side of the referendum argument.   We believe that the Sterling’s is […]

Emerging Markets and Commodities gets hit by Chinese Risk, Greenback Stay Stronger

Emerging Markets and Commodities gets hit by Chinese Risk, Greenback Stay Stronger GBP/USD is currently trading at about 1.4390, GBP/EUR is trading at about 1.2610 as the market opens up this Monday, with the Sterling very much on the back foot as the market opens up this Monday session. David Cameron is due to deliver […]

USD Falls Further On Weak Manufacturing PMI, Recession Next?

USD Falls Further On Weak Manufacturing PMI, Recession Next? The Greenback gave up more ground to its forex counterparts when the ISM manufacturing PMI came in below expectations. The April reading slipped from 51.8 to 50.8 versus expectations of a dip to 51.6. The employment and prices components indicated gains but inventories, deliveries, and production […]

Could Commodities Be The Next Bull Market?

Could Commodities Be The Next Bull Market? Commodities are experiencing their first recovery since 2010 as global oversupplies that have hurt markets for two years in excess are beginning to retreat. Gains are being seen following five consecutive years of annual losses when slowdown in Chinese demand and increasing output yielded a global surplus for […]

FOMC, RBNZ, BOJ Announce Rate Decisions

FOMC, RBNZ, BOJ announce rate decisions The US dollar underwent additional volatility during the FOMC monetary policy statement, as the Fed removed the reference to global financial risks but gave a more downbeat assessment of growth and inflation. Policymakers also omitted the mention of the balance of risks, signaling that they might not tighten in […]