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United Kingdom Consumer Credit below expectations (£1.4B) in February: Actual (£1.287B)

10:47 31 March /2016 Forex

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EUR/USD extends gains, will it end the three-month losing streak? Omkar Godbole

EUR/USD extended gains to fresh session high of 1.0750 as the unwinding of the Trump trade gathered pace.The spot now trades more than 200 pips above the last month’s closing price of 1.0517. This forces us to consider the possibility of the pair snapping the thre

07:23 23 January /2017 Forex

Asian stocks are on the back foot on Trump’s protectionist agenda

Major Asian indices dropped along with the US dollar as fears about Trump’s protectionist policies forced investors to move out of risky assets and into safe havens - gold, Yen, treasuries. At the time of writing, Japan’s Nikkei index was down 1.11%. Australia’s S&P/ASX 200 was trading 0.75% low

07:00 23 January /2017 Forex

USD/CAD - Doji followed by drop to 100-DMA

The USD/CAD pair is losing height in Asia, now trading just short of the 100-DMA support of 1.3278 following Friday’s Doji candle.USD is on the back footThe drop in the USD/CAD in Asia is due to broad based USD sell-off and not due to oil prices, w

06:46 23 January /2017 Forex