Mar 27th, 2018: Risk Takers Emerge as Dollar Steadies
March 27, 2018 7:11 amVideo
Latest News
- GBP/USD. April 16th. British statistics didn’t capture traders’ attention April 16, 2024
- Technical Analysis – EURCHF ticks up after strong losses April 16, 2024
- Technical Analysis – JP 225 index tests crucial support zone April 16, 2024
- Market Comment – Stocks slide, dollar soars as rate cut bets take another hit April 16, 2024
- Forex forecast 04/16/2024: EUR/USD, USDX, Gold and SP500 from Sebastian Seliga April 16, 2024
- GBP/USD: trading tips for beginners for European session on April 16 April 16, 2024
- EUR/USD: trading tips for beginners for European session on April 16 April 16, 2024
- What’s next for markets amid Israel-Iran tensions? – Special Report April 16, 2024
- Technical Analysis – GBPUSD pulls back into the negative zone April 16, 2024
- Geopolitical developments and stronger US data push volatility to new highs across the board – Volatility Watch April 16, 2024
- Technical Analysis – AUDUSD breaks the lower bound of a sideways range April 16, 2024
- Video market update for April 16, 2024 April 16, 2024
- Hot forecast for EUR/USD on April 16, 2024 April 16, 2024
- Technical Analysis – EURUSD dives further near 1.0600 April 16, 2024
- XM 2024 Ramadan Promotion Winners April 16, 2024
- EUR/USD and GBP/USD: Technical analysis on April 16 April 16, 2024
- Key events on April 16: fundamental analysis for beginners April 16, 2024
- Overview of the GBP/USD pair. April 16th. The pound may rebound, but the flat is over, and there are no reasons for growth April 16, 2024
- Trading plan for GBP/USD on April 16. Simple tips for beginners April 16, 2024
- Trading plan for EUR/USD on April 16. Simple tips for beginners April 16, 2024
Morning Report: 07.00 London
This morning, the US dollar has steadied after further losses yesterday. Stock markets have lifted off recent lows as traders embrace risk on hopes for a US-Chinese trade agreement.
The dollar pairs are on the back foot, with selling led by the AUD/USD and NZD/USD. The EUR/USD and GBP/USD are steady, with minor losses after sizeable gains yesterday. The EUR/GBP is unchanged after volatile gains yesterday in the favour of the euro.
Yen pairs are mixed following a day of sizeable gains yesterday. The AUD/JPY is on the back foot, while the EUR/JPY and GBP/JPY are on the front foot, extending yesterday’s gains.
Gold is holding and extending the gains from the recent four day winning run.
Coming up today
Coming up today, we have Spanish flash CPI at 08.00.
At 09.00, we have European M3 Money Supply.
US CB confidence is at 15.00.
FOMC member Bostic speaks at 16.00.
Trade Idea
The pound continues to enjoy interest on Brexit hopes while, the dollar has so far kept its recovery in check.
Further upside could be on the cards from here and a good way to play this is a HIGHER trade predicting that the GBP/USD will close above 1.4300 in 14 days for a potential return of 137%.
Related Posts: