• GBP Higher On Expectations of Brexit Delay

    EU Considering Brexit Extension Request If you are feeling confused by Brexit, you are not alone. As the October 31st deadline approaches, the UK is currently without a Brexit deal and consequently, the Prime Minister has requested an extension to Article 50. Last week, markets were watching hopefully as the UK agreed the terms of […]

  • Chart of the Day Bearish EURJPY

    Chart of the Day Bearish EURJPY EUR: It’s premature to be calling for EUR strength as slower EA data momentum and low inflation. Moreover, ECB QE will again generate a negative net supply dynamic in the EA bond market, forcing EA bond investors to buy foreign bonds. ECB QE is designed to keep the EUR […]

  • The IndeX Files 22-10-2019

    Parliament Blocks Brexit Deal Benchmark equities indices have been broadly higher this week as markets react to the latest headlines around Brexit. Following the Saturday sitting of parliament which saw the UK PM fail to pass his deal, a further extension to Article 50 has been requested by the UK. While the EU has not […]

  • Daily Market Outlook, October 22, 2019 

    Daily Market Outlook, October 22, 2019  Main Market Themes Daily market outlook: Brexit remains the key focus. In the latest development, UK PM Boris Johnson has been prevented from holding a key vote on the Brexit withdrawal deal he recently agreed with Brussels. The UK government was keen to have a “meaningful vote” yesterday (21 […]

  • Daily Commodity Currencies: 22 Oct, Tuesday

    USDCHF Technical Analysis: NZDUSD Technical Analysis: USDCAD Technical Analysis: USDNOK Technical Analysis: Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or […]

  • Precious Metals Monday 21-10-2019

    Gold Gold has seen relatively subdued price action over recent sessions despite the big moves seen in USD. The recent patch of bad data out of the US continued last week with a disappointing Retail Sales number. Retail Sales were in negative territory over September, echoing the weakness seen in other key readings such as […]

  • The Investment Bank Outlook – 21-10-2019

    In our Investment Bank Outlook each week, we bring you a selection of perspectives from leading investment banks to outline the key issues and directional views for the week ahead. These excerpts, taken from research notes, will cover issues such as key market themes, economic releases, as well as any major trends and levels to […]

  • Chart of the Week, Bearish USDCHF

    Chart of the Week Bearish USDCHF Chart if the Week, USD: US leading index declined for a second month: index The Conference Board Leading Economic Index (LEI) for the U.S. declined 0.1% MOM in September (Aug: -0.2% revised) to 111.9 due to weaknesses in the manufacturing sector and the interest spread that were only partially […]

  • Daily Market Outlook, October 21, 2019 

    Daily Market Outlook, October 21, 2019  Main Market Themes Daily market outlook: The next few days will be crucial as far as Brexit is concerned. Saturday’s special parliamentary session in the House of Commons offered little detail on when, or even if, the UK will finally leave the EU. UK PM Boris Johnson has now […]

  • Weekly Market Outlook 21-10-19

    In this Weekly Market Outlook 21-09-19, our analyst looks into the trading week ahead, possible market moving data releases across the globe and the technical analysis to accompany it! Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text […]

  • USD/RUB May Target the Level of 65.55

    Today we review the current status of Russian ruble as well as potential future of Swiss franc and Canadian currency.

  • Daily Commodity Currencies: 21 Oct, Monday

    USDCHF Technical Analysis:   NZDUSD Technical Analysis: USDCAD Technical Analysis: USDNOK Technical Analysis: Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group […]

  • The Friday Forex Takeaway – Episode 5

    Key points This week As with last week, the standout performer over the week has been the British Pound which has seen strong gains on increased optimism over a potential Brexit deal. The Japanese Yen has been the weakest currency of the G10 bloc this week as better risk appetite has seen a lack of […]

  • Chart of The Day: Bearish EURCHF

    Chart of The Day: Bearish EURCHF EUR: Flows have been more Euro supportive of late, with the single currency getting a lot of that prop from some broad based profit taking on US Dollar longs. The Euro has also been supported on ECB Guindos comments that the risk for a Euro area recession is very […]

  • Traders Nervous Ahead of Parliament Brexit Vote

    EU Backs PM’s Deal Three years and two Prime Ministers after the UK electorate narrowly voted in favour of leaving the European Union, the UK government is now on the verge of finally agreeing a Brexit deal. The Brexit deal offered to the EU by Boris Johnson this week was officially approved by EU leaders […]