The market witnessed sterling spike higher on speculation UK PM May was to offer major concessions on Brexit in an effort to push a deal through Parliament.
22
May
2019
Category: Featured
List view
Grid View
21
May
2019
Tuesday 21st May: Dollar teases underside of 98.00 ahead of Fed speak.
No Comments
The Australian dollar found broad support vs. the majority of its major rivals at the beginning of the week, a reaction to local elections: a surprise win for the Liberal-National coalition.
19
May
2019
Monday 20th May: Weekly technical outlook and review.
No Comments
US dollar index picked up steam, this sent the EUR/USD to a session low of 1.1155 into the week’s close. With limited support/demand visible to the left of current price until reaching Quasimodo support at 1.1130
17
May
2019
Friday 17th May : Beijing’s hard talk pulls down Chinese markets.
No Comments
Asia ex China gained, while China dropped, with investor sentiment bolstered by the positive cues overnight from Wall Street for a third straight session as upbeat corporate earnings results and U.S. economic data helped offset worries about U.S.-China trade tensions.
16
May
2019
Thursday 16th May: Weak US retail sales spells trouble for greenback; seen languishing beneath dollar index resistance
No Comments
The US dollar, according to the US dollar index, largely disregarded the weaker-than-expected April retail sales report Wednesday, though eventually yielded to selling pressure on news US President Trump would delay tariffs on EU automobiles.