GBP/USD Climbs Higher after Strong Wage Data
UK economic data released today indicated a much stronger UK labor market recovery, and positive sentiment for Sterling bulls soared in...
Crude Oil Hits 2-Month High
US DOLLAR TECHNICAL ANALYSIS – Prices may have finally started to turn lower as expected following the appearance of a bearish Evening...
Greek Bailout Program Could Expire, Be Replaced With New One
BRUSSELS--The eurozone could allow Greece's bailout program to expire at the end of February and simply replace it with a new program, a...
Euro Sterling bounces from 7 year low
EUR/GBP managed to trim losses and bounced after striking a fresh 7-year low on Thursday as the pound strengthened broadly on the back of...
EUR/USD Coils in 100-pip Range; GBP-crosses Breakout Before BOE
Traders are waiting on news out of the Eurogroup's meeting on Greece before choosing a direction in EURUSD. The 100-pip range that's...
Gold – Consolidates Around Key $1240 Level
To close out last week, gold moved sharply lower back to the key $1240 level and then to a three week low just below $1230. To start this...
West TX Oil Back Below $50.50 after IEA Warnings
Crude oil prices fell for the first time in four sessions on Tuesday after the International Energy Agency (IEA) warned that ample...
Oil whipsawed on supply glut
It appears oil could not defy gravity for long. A four-day rally which pushed crude prices to their highest levels this year collapsed...
Improved market sentiment
With the euro rallying, the dollar has come under some corrective pressure and this is helping to drag Cable higher. The trading day...
Aussie Drops to Record Fresh Lows as RBA Cuts Benchmark Rate
The Reserve Bank of Australia decided yesterday to cut the cash rate from 2.50% to 2.25%. The 25 basis points reduction was a surprise...
