After back-to-back monthly declines in March and April, consumer confidence edged slightly higher in May and while consumers’ take on the present situ
Blogs
GBP/USD: Bulls rocket to critical resistance area, pause for thought
The pound has been the outperformer, living up to its tendency to really move when it gets going. GBP/USD rallied from a low of 1.2176 to a high of 1.
USD/MXN consolidates losses after hitting two-month lows near 22.00
The USD/MXN is falling for the seventh consecutive day on the back of an improvement in market sentiment and a weaker US dollar. Stock worldwide rose
USD/JPY recovers from session lows on risk rally, trades above 107.50
The USD/JPY pair rose toward 108.00 during the Asian session but reversed its direction pressured by the heavy selling pressure surrounding the greenb
USD/CAD breaks critical monthly support, eyes on geopolitics
Following a risk on start in Asia, with the Nikkei 225 closing higher by 2.55% at 21,271.17, US futures were 2% higher and the Us transpired into a po
EUR/GBP steadies around 0.8900, looks to close at fresh weekly lows
After spending the Asian session moving in a tight channel near 0.8930, the EUR/GBP pair lost its traction and fell to its lowest level in a week at 0
United States 2-Year Note Auction fell from previous 0.229% to 0.178%
United States 2-Year Note Auction fell from previous 0.229% to 0.178%
Pound Sterling Price News and Forecast: GBP/USD daily cloud offers solid support
Whilst we continue to hold a fairly dim view of the prospects for sterling, it is interesting to see Cable rising this morning amidst the improvement
Gold Price News and Forecast: XAU/USD extends slide amid risk appetite
Gold prices extended losses after the beginning of the American session and bottomed at $1709/oz, the lowest level since May 13. It is hovering around
AUD/JPY Price Analysis: Aussie surging to its highest since late February vs. Japanese yen
AUD/JPY is trading off 3-month highs in the first half of the trading week. The market broke sharply above the 71.00 figure. As the upward momentum stays intac