New Zealand dollar remains under pressure on two fronts!
The New Zealand dollar which has continued to remain under pressure in overnight trading and into the London session, as the reverberations from the election […]
September 2017
A red letter day for oil and for OPEC
OPEC will no doubt be finally drawing a collective sigh of relief as the management of the glut of oil supply finally seems to be […]
Brexit on hold as EUR/GBP consolidates
With Brexit having been put on hold whilst waiting for the German elections, and with last Friday’s minor downgrade for the British pound price action […]
EUR/NZD is a game of two halves
Always interesting to consider a currency pair where both have seen recent elections, and even more so when both are indecisive, and in this case […]
Euro weakness after Merkel fails to gain an outright victory
The euro is another currency which has been suffering in early trading at the start of a new week, as markets come to terms with […]
GBPUSD remains under pressure following Moody
Cable continues to remain pressured on the 60 minute chart following the release of the Moody downgrade for the UK economy which came late on […]
Flash crash in the pound following Moody’s downgrade of UK
Last Friday, with most traders already having wound down for the evening, and headed home for the weekend, Moody’s decided it was time to spook […]
VIX now approaching single figures once again
For major US indices and indeed the European bourses, last week was another which saw risk on sentiment return as the markets become ever more […]