There had been rumblings and whispers of something big coming from Kensington Palace. This week we finally found out exactly what’s been in the works…
EURCHF – Looking for an upside move to sell into
I love it when the charts, baskets, timeframes line up. Correlation is king for me. Going into the figures, the Euro basket looks like it…
Energy bills pushed up by electricity charge, research shows
The way electricity prices are set has pushed UK household bills up by £7.2bn over two years, analysis suggests. Under existing rules, energy suppliers pay…
US durable goods orders and jobless claims also deserve some attention
Markets Eco data were few yesterday and the outcome only gave limited directional guidance for global trading. German IFO business confidence (business climate rising from 88.6 to…
NZ Dollar dips after CPI unchanged
The New Zealand dollar is under pressure on Wednesday. In the European session, NZD/USD is trading at 0.6478, down 0.41%. Markets eye New Zealand CPI…
Currency market EURUSD vs US Dollar Index – 300 and 600 pip ranges
DXY began January 2022 by breaks higher at the 95.00 and 96.00 averages at 5 an 50 year then traveled 1900 pips while EUR/USD broke the 5…
GBPUSD should drop towards the 1.2320 level
GBP/USD Looking at GBPUSD’s chart, we can see that GBPUSD regained ground, and consequently traded above the level of $1.24. Today, the FX pair could rest…