Pound driven lower by weak economic data and the BoE
Pound remains under a decent selling pressure on Monday, suffering losses for a fifth day in a row already. The recent decline has accelerated amid weaker-than-expected economic data out of...
EURUSD continues recovery attempts ahead of trade developments
As the dollar remains under pressure following weaker-than-expected US jobs data, EURUSD extends bullish attempts at the start of a new trading week. In the daily charts, the pair...
Oil prices could derive support from US-China trade deal
Oil prices remain under pressure on Monday, with Brent suffering losses for a sixth day in a row already. Traders have been pricing out the geopolitical tensions between the Unites...
Dollar nearly unfazed by weaker-than-expected jobs data
The dollar fell
slightly nearly across the board after the US data showed that the
economy generated 145,000 jobs last month versus 164,000 expected. The
November's reading which came in at 256,000...
USDJPY remains positive in the short term
As the geopolitical tensions in the Middle East have eased, risk sentiment improved, with USDJPY extending gains on Friday. The pair has been rallying for a fifth day in a...
Bitcoin needs to confirm a break above the 100-DMA
Following a brief spike to the $8,450 area earlier this week, bitcoin was rejected from mid-November highs and started to show signs of a bearish correction. But on the...
Gold retreats from seven-year highs
Gold prices turned into a corrective mode after a short-lived rally towards the $1,611 figure, where the March 2013 highs lie. The precious metal was driven higher amid a widespread...
Aussie remains on the defensive. Where is the bottom?
Aussie continues to decline for a sixth day in a row on Thursday, retreating from mid-2019 highs, registered on the last trading day of last year around 0.7030. Now, the...
Oil corrects lower as geopolitical tensions ease
Oil prices remain under pressure on Thursday after a massive profit taking which pushed the futures below the $65 figure for the first time in overt two weeks. Brent was...
Dollar extends gains on strong employment data
The dollar accelerated the ascent against most rivals on Wednesday, as the US currency continues to derive support from rising geopolitical tensions between the US and Iran. Moreover, ...
