Blogs

GBP/USD and EUR/GBP both broke out of multi-week ranges at the end of last week but need to consolidate before the next move. The FTSE 100 is pushing higher on a general risk-on theme.

Soft start to the week for the Japanese Yen. However, negative macro risks keep USD/JPY downside bias intact.

Trade talks between the EU and the UK are becoming increasingly fractured and with the June 31 extension deadline nearing, both sides need to push forward. Weekend commentary from BoE chief economi…

The British Pound’s sensitivity to political risk is returning as GBP suffers from the UK’s internal fragmentation and renewed concerns about Brexit amid the coronavirus pandemic.

Crude oil prices found continuing support from investors looking to the gradual re-opening of Covid-hit economies, along with production cuts.

The break above the November 2012 high ($1754) may keep the price of gold afloat as the Relative Strength Index (RSI) approaches overbought territory.

Is the US Dollar ready to rise against currencies such as the Singapore Dollar, Indonesian Rupiah and Philippine Peso? FOMC minutes, US-China tensions and fiscal stimulus are eyed.

NZD/USD may continue to give back the advance from the April low (0.5843) as the update to New Zealand’s Retail Sales report is expected to show a 1.5% contraction.

US Dollar may rise versus the Euro and British Pound ahead of Powell’s testimony, the release of the FOMC and ECB minutes amid renewed Brexit risks.

The Pound Sterling remained close to a 2-month trough versus both the greenback and the Euro during London trade on Monday.