​Wednesday's strong S&P 500 Iran ceasefire rally is taking a breather with a retracement towards the 17 March high at 6,754 looking possible. Further down lies the early March low at 6,711 which may ...

Read More »

EUR/GBP posts modest gains above 0.8700 despite weak German Industrial Production data

The EUR/GBP cross posts modest gains near 0.8710 during the early European trading hours on Thursday. The Euro (EUR) remains firm despite the downbeat German Industrial Production report.

Read More »

EUR/USD, GBP/USD and EUR/GBP Forecasts – Currencies Continue to See Choppiness

The US dollar attempts to firm in early Monday trading as currency pairs consolidate ahead of Wednesday’s Federal Reserve decision. Diverging central-bank expectations keep EUR/USD, GBP/USD, and ...

Read More »

EUR/GBP is testing support at 0.8700 despite risk-on markets

The Euro (EUR) trades lower against the British Pound (GBP) for the third consecutive day on Wednesday, with bears testing support at 0.8700 at the time of writing. The Pound fares better than the ...

Read More »

S&P 500, silver price slip as EUR/GBP stabilises

The S&P 500 continues its descent with the 24 March low at 6525 representing a possible downside target. Below it lies key support at this week's 6474 low, a fall through which could trigger a ...

Read More »