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Improved risk appetite helps support GBP/USD U.K.’s darkening macro-outlook means risks skewed to downside The key level for bears to defend is 1.20; for bulls 1.15 The GBP/USD managed to...
The dollar retreated 0.15% as China considered reducing inbound quarantine to 7 from 10 days. The greenback's slide followed Wednesday's 0.75% jump, the sharpest advance in a week, as soaring UK...
Monday was a dramatic day for currency traders, when Britain's new Chancellor of the Exchequer, Jeremy Hunt scrapped much of Prime Minister Liz Truss's earlier fiscal measures, explaining that it is...
Gold is off to a good start to the week However, the metal's fundamentals remain unfavorable in the long term Technically, a test of the resistance area between $1660 to $1676 should be critical going...
In response to Prime Minister Liz Truss' defense earlier today of Friday's massive package of unfunded tax cuts that rocked markets, the pound sterling lost two days' worth of gains, and UK gilt...
No fundamental justification for a market bottom yet Dow has broken its corresponding summer lows, S&P likely to follow suit Lower lows and highs mean short always preferred over long...
Bank of England fails to reassure investors with emergency rate hike Bond yields soar amid talk of a historic bear market Bank of Japan defies trend but yen’s fall requires intervention The UK...
Major currencies have been in freefall over the last few months as the Fed remains steadfast in its goal to tame U.S. inflation The fixed-income market has become unglued as Forex volatility surges A...
GBP/USD crashed to a record low and then bounced Fears over mismanagement of UK economy high, but will BoE act? Volatility means lots of trading opportunities for short-term speculators The pounding...
Actions and reactions. That is one way to sum up the week that was in the markets, as events – both big and small – reverberated through Wall Street and beyond.First, yesterday’s...
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