Spot trading – As EURUSD trades lower the market once again feels underweight
EURUSD: a big reversal today ahead of the ECB later in the week. The post NFP squeeze to 1.0630 feels like a eternity ago now and was the last impulsive…
After breaking below the 1.05 handle, EUR is now testing a very important level at 1.0448 (2023 low)
After breaking below the 1.05 handle, EUR is now testing a very important level at 1.0448 (2023 low). A break would open the door for a larger move lower. We…
Weekly Performance Update: Day Trading Success!
We're thrilled to announce that Day Trading has closed another week in the green, delivering a notable return of 0.65% to our valued investors. This consistent performance brings our monthly…
EM Currencies Face Challenges Despite Bessent Lift
Emerging-market currencies are having a rare good day, but the longer-term outlook remains challenging. An index of major EM currencies has risen almost 0.2% today amid broad dollar weakness following Donald Trump’s…
Forint Hits 2-Year Low Before Central Banker Change
The Hungarian currency touched another two-year low ahead of the announcement of a new central bank governor, even as the government sought to reassure investors about the independence of monetary…
The yen surges past 150 per dollar
The yen surges past 150 per dollar, rising to the strongest level in more than a month. Expectations grow that the Bank of Japan may raise interest rates in December…
EURUSD rebound continues
EURUSD rebound continues on thin liquidity due to US absence. The confirmation of negative divergence of RSI versus price action can be confirmed with 1st resistance being at 1.0614. Our…
Dovish alert in site for EURUSD
The sequential momentum of euro area core HICP looks very weak this month. Services prices *declined* by 0.07% MoM on a seasonally-adjusted basis, the weakest in over three years, more…
French 5yrs CDS rises
Domino effect isolated only to French government bonds at the moment - hence no major reaction on EURUSD.