Blogs

GBP/USD has broken to the upside from a symmetrical triangle pattern on the charts, suggesting further gains to come even as the ongoing post-Brexit talks continue to make little progress.

The Euro has stalled at 8-week highs ahead of the ECB monetary policy announcement whilst ‘no deal’ Brexit fears have returned to haunt the British Pound.

The Pound Sterling clawed to its highest level in a month against its US rival on signs that the British government appeared willing to make some important compromises

Yesterday oil prices rose, ahead of the upcoming OPEC+ meeting.

U.S. stock market retreats slightly but Nikkei up; Protests and violence continues in U.S.A.; Silver hits new 3-month high;

After recent downward correction moves, the USD/JPY pair is trying to return to the vicinity of the 108.00 resistance to avoid further collapse.

Despite strong gains in global stock markets, amid increasing optimism among investors about the reopening of the global economy.

A strong start for the pound this week, and the share of the GBP/USD pair pushed it towards the 1.2506 resistance, it’s highest in a month, before settling around the 1.2488 level in the beginning of trading today.

For the sixth consecutive day, the EUR/USD pair has moved in the range of its channel to correct upwards, with gains reaching the 1.1153 resistance, the highest level in two and a half months, before settling around the 1.1135 level at the time of writing.

Turkey produced the most significant first-quarter GDP data compared against the EU, G20, and OECD members, with a 4.5% annualized growth rate.