A Difficult Week to Make Money

Support and resistances becoming a little blurred So far this week we have seen the type of market where retail traders blame banks for “sniffing...

GBP/USD Tests 1.2900 After Weak PMI Data

The drop in PMI services for June was not related to the Eurozone alone. According to the data released after 10:30 am, the UK...

More of the Same

Market drivers to remain unchanged in Q1 The announcement of the date for the Italian Government Elections which will be held on March 4th merely...

Sterling Fall Accelerating

Return of liquidity brings further selling When traders get the view that there is absolutely no reason to buy a currency they tend to make...

Hawkish Yellen drives Dollar Higher

Rate Hikes not data dependent In a speech yesterday designed to provide advance guidance not just for Fed actions in Q4 but going forward into...

Currency Commentary -Dollar Shows Signs of Weakness

A slightly weaker data from the American real estate market and the problems of Chinese authorities to maintain adequate liquidity in the Yuan have...

The Morning Market Overview – Everyone Is Waiting For NFP

The eyes of all investors are directed to the US Department of Labor, which at 14:30 will share data of the condition of the...

We’re Moving to the Blockchain

Hi Everybody, Hope you had a peaceful weekend. Every day mankind is finding new uses for the blockchain. Here are a few of the cooler applications...

Powell Confirmation to be Agreed

Likely to follow Yellen's lead, initially In a prepared testimony for Congress which was delivered yesterday, Fed Chair designate., Jerome Powell, followed the course set...

Marriage? We barely know each other!

Market expressions born from reality Over the years, the FX market has spawned several expressions (not all of which are printable) which in realty sum...

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