• Pound retreats against the peaking Dollar

    Pound pared declines recovering to a 1.23 level as the British Prime Minister Theresa May allowed the parliament to vote on her plan, which in turn eased investors’ concerns about the ruined ties with the EU.

  • Sterling is caught in a vortex

    The gloomy anticipations over the Hard Brexit fallout rose once again with the statement of UK Ministry of Finances estimating the blow to the UK economy from 38B to 66B pounds in a year.

  • Retreat is taking over the market with USD,Oil and Gold in the lead

    US Dollar retreats after climbing to a two-month peak on Friday as the September payrolls signalled a slump in the labour force growth. On the news, Gold extends decline on the rising chance of a rate hike in December

  • Important economic events for the coming week:

    Key economic events of the week!

  • Mars is in the right alignment for a global takeover.

    The famous Wall Street tycoon Warren Buffett decided to withdraw its share from the most famous brands of sweets and chewing gum in the United States – Mars and Wrigley.

  • Are aggressive trading robots endangering the market?

    Flash crashes in the forex market have started to appear with an alarming frequency as aggressive trading robots are well known for squeezing liquidity from the market. Flash crash seen on the GBP pairs during early Asian trading session caught most traders’ unprepared.

  • USD is propelled to new heights!

    USD rose to a 2 month high along with the PMI, which rose to a 11 month high

  • The gold standards drop making the dollar gain profit

    The price of the bullion cut through the $1300 support level falling to a pre-Brexit as the Dollar gains strength ahead of the Non-Farm Payrolls.

  • Another brick in the wall

    While the British currency falls to a historic low the rest of the world gets a strong kick. European stocks propel into new highs along with the Dollar index. Even the housing market in the UK seems to forget Brexit happening.

  • Will the Union really be over in March 2017?

    The bearish pressure increased together with the uncertainty related to the official breakup of the EU as positive expextations for the NFP grow.

  • Key economic events of the upcoming week!

    Don’t miss out and see the full list here!

  • Will the Chinese economy stabilise?

    The Chinese financial markets will be closed for the next week due to national holidays.

  • The rise and fall of Deutsche Bank

    The bank’s predicaments stoked concerns about the stability of the country’s financial sector with a new wave of shares selloff.

  • The OPEC greases the wheels for oil!

    Despite the market scepticism and repeated statements that the Oil officials are not able to find a middle ground the OPEC members cut a deal.

  • Will Brexit be more painful for Europe rather than for the UK?

    Major shifts in the market ahead of the OPEC meeting in Algiers and Yellen testimonial.