Global equity markets were on the rebound on Tuesday as fears eased over a looming global trade war. Sterling ventured higher thanks to optimism over the UK securing a transitional deal with the EU. In the foreign exchange market, the Pound edged higher thanks to a weakening Dollar. Gold remained supported by uncertainty with prices […]
Sterling stumbled into March on a shaky footing thanks to renewed Brexit jitters. The Dollar extended gains against a basket of currencies amid heightened US rate hike expectations. In the commodities arena, Gold depreciated while Oil slipped lower. With Dollar bulls back in town, the #EURUSD, #GBPUSD and #Gold could be exposed to further losses […]
A sense of anticipation was felt across financial markets on Tuesday as investors prepared for Fed Chair Powell’s testimony. The British Pound remained depressed thanks to a stabilizing #Dollar. In the commodity arena, #Gold was pressured by renewed US rate hike expectations. Dollar bulls could receive a welcome boost if markets interpret Jerome Powell’s first […]
The Dollar extended gains against a basket of major currencies on Wednesday following January’s hawkish FOMC meeting minutes. Sterling ventured lower on Thursday after UK GDP data for the final quarter of 2017 was revised down. In the commodity arena, Oil prices were pressured by the oversupply concerns while Gold edged lower thanks to an […]
The Dollar remains under pressure despite Wednesday’s relatively hawkish Federal Reserve meeting. Although US interest rates were left unchanged, the central bank expressed optimism over the health of the US economy and rising inflation. Sterling was under pressure after UK manufacturing data disappointed while Gold edged lower thanks to renewed US rate hike expectations. – […]
Global stocks were under pressure on Tuesday as investors remained cautious ahead of the Federal Reserve meeting. The Dollar struggled to hold ground against a basket of major currencies while Sterling was bruised by Brexit jitters. In the commodity arena, Gold benefitted from a vulnerable Dollar. The main event risk today will be BoE Mark […]
A sense of anticipation can be felt across financial markets ahead of ECB meeting. It is widely expected that the central bank leaves monetary policy unchanged. Much focus will be directed towards Mario Draghi’s press conference. The Dollar remains under intense selling pressure while Sterling continues to venture higher. In the commodity arena, Gold has […]
Investors entered Tuesday’s trading session with a renewed appetite for risk after US lawmakers reached a deal to end a government shutdown. The Dollar remained pressured by US trade policy concerns while Sterling punched above 1.40. In the commodities arena, Gold edged higher amid a weaker Dollar. With the economic calendar fairly light today, price […]
Dollar weakness was a dominant market theme this week. Sterling jumped to levels not seen since the June 2016 amid market optimism over a soft Brexit outcome. In the commodities arena, WTI Crude was on standby while Gold ventured lower. -The #EURUSD remains bullish on the daily charts – #GBPUSD bulls are eyeing 1.3850 – […]
Global stocks were mostly mixed on Thursday as investor anxiety over US-led trade war dented risk sentiment. In the currency arena, the Dollar was under pressure while Sterling remained gripped by the Brexit uncertainty. WTI jumped to multiyear highs on Thursday at $64 after an unexpected draw in U.S crude inventories lifted sentiment. – The […]
Global equity bulls were in the vicinity during Tuesday’s trading session as world stocks remained at elevated levels. In the currency arena, the Dollar appreciated amid optimism over higher US interest rates. With the economic calendar relatively light today, price action may dictate where currency and commodities trade. – The #EURUSD is pressured below 1.20 […]
Financial markets have commenced the New Year on a positive note with global stocks hitting record highs. In the currency arena, the Dollar remains under pressure amid low inflation concerns. A weak Dollar has supported Gold which ventured to its highest level in over three months. WTI Crude has jumped to its highest level in […]
What does 2018 mean for the GBP? Nicholas Colling, Currencies Direct You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#229906 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman Regardez la Dukascopy TV […]
The global stock rally lost some momentum today as investors remained guarded ahead of a vote on US tax reforms. Dollar bulls were missing in action amid the caution while safe-haven assets such as Gold received a boost. With the economic calendar fairly light today, price action may dictate where currencies and commodities trade. – […]
A wave of risk aversion swept across financial markets on Wednesday with global stocks pressured as geopolitical risk and depressed oil weighed on sentiment. The Dollar received a boost after the US ADP for November exceeded market estimates. Sterling still remains pressured by the Brexit uncertainty while Oil tumbled thanks to oversupply concerns. With the […]
A sense of disappointment over Britain’s failure to securing a Brexit deal with EU officials on Monday has left Sterling vulnerable to losses. The Dollar received a boost last week after U.S Senate passed its version of the tax bill. In the commodities arena, WTI Crude edged lower despite OPEC extending its production cut deal […]
The Dollar found itself under pressure on Wednesday and extended losses on Thursday following November’s dovish FOMC minutes. With Fed policymakers concerned over low inflation, investors may start to question the central banks’ ability to raise rates three times in 2018. In the United Kingdom, the second estimate for Q3 GDP hit 0.4% which was […]
Financial markets started the trading week with a bang as political risk in Europe weighed on sentiment and weakened the Euro. The Dollar remains volatile amid concerns over US tax reforms and expectations of higher US rates in December. In the commodities arena, Oil is turning sensitive ahead of the OPEC meeting on November 30th. […]
A sense of cautious optimism was felt across financial markets on Thursday as global stocks edged higher. Sterling modestly appreciated after retail sales beat expectations in October. In the commodity arena, WTI Crude remained shaky while Gold traded below the $1280 resistance level. Much attention will be directed towards economic data from the States later […]
Sterling was under pressure on Tuesday after UK inflation held steady in October. While this was a breath of fresh air for the BoE, it must be kept in mind that inflation still remains at five-year highs. Much attention will be directed towards top central bankers today as they make their way to Frankfurt. Investors […]
A sense of anticipation can be felt across financial markets ahead of the ECB meeting. Markets are widely expecting the central bank to announce the reduction of its monthly bond purchases. Sterling slightly dipped on Thursday after government reports showed retail sales dropped to its lowest level in 8 years. The Dollar remains support by […]
Global markets were quiet on Tuesday as investors braced ahead of a string of key events later in the week. Sterling remained pressured against the Dollar amid the Brexit uncertainty. In the commodities arena, Gold struggled to keep above $1280 while Bitcoin bulls were missing in action. With the economic calendar fairly light, price action […]
The Euro was surprisingly resilient during Thursday’s trading session, despite reports of Spain proceeding with suspending Catalonia’s political autonomy on Saturday. Sterling was under pressure after retail sales disappointed in September. WTI bulls displayed early signs of exhaustion as prices dipped towards $51. With the Dollar weakening, gold bulls were inspired to send the metal […]
Financial markets commenced the week with political drama in Spain. Madrid has given Catalan until Thursday to declare independence or back down. Despite the political uncertainty and geopolitical tensions, stocks remain supported. UK inflation will be in focus which could shape expectations of higher UK interest rates. Crude oil has edged higher as tensions in […]
The Dollar was under pressure on Wednesday after Septembers FOMC meeting minutes revealed some Fed members were concerned over inflation. Dollar weakness was seen across the currency markets with the EURUSD supported, while commodities such as Gold traded higher. Much attention will be directed towards the PPI report in the States which could give us […]
Financial markets have started the trading week with a renewed focus on geopolitical risk. Safe haven assets are back in demand while riskier assets such as equities are slightly pressured. The economic calendar is fairly light which should encourage investors to focus on the Brexit and Catalonia developments. #Euro still remains pressured by political risk […]
World stocks ventured to fresh record highs on Wednesday as optimism over the global economy and positive US economic data stimulated risk appetite. The Dollar has clawed back losses against a basket of major currencies after ADP and ISM both exceeded market expectations. Gold remains depressed below $1280 ahead of Friday’s U.S jobs data. With […]
Investors have charged into the final trading quarter of 2017 with as risk-on attitude as world stocks hit record highs on Monday. Optimism over Trump moving forward with his tax reforms and confidence over the US economy has both supported the Dollar. The Euro remains pressured by political uncertainty while Sterling continues to be punished […]
Asian equities were mixed while European stocks edged higher as investors tried to access the impacts of Trump’s tax reforms. The Greenback remains supported and may be poised for further inclines as expectations mount over higher US rates. Carney and May will be in the spotlight in the UK while US GDP will take center […]
World stocks stumbled into the trading week under pressure as geopolitical tensions dented risk sentiment. The elections results from Germany over the weekend sparked discussion of political uncertainty in Europe and this added to the caution. Much attention will be directed towards Yellen’s speech which could offer more clues on when the Fed plans to […]
