Based on 4 algo trading strategies developed with the Strategy Factory approach and 3 indicator based algo strategies, the current position bias for Euro Currency is BEARISH.
AUDUSD is threatening further upside pressure following its strong rally on Thursday. On the downside, support lies at the 1.6800 level.
Our weekly column looks at the ongoing rally in cotton and the British pound.
UK House of Commons votes on Boris Johnsons new, EU-approved, Brexit deal tomorrow. Markets settle into nervous lull. GBPUSD overnight options straddle trading over 200 pts. EURUSD and AUDUSD pressing...
Market participants believe there is an 83% probability that the Federal Open Market Committee will lower its fed funds rate by another 25 basis points at the October 30 policy meeting. The probability...
BANGKOK (AP) — Global markets largely brushed off more disconcerting economic signals from China, which on Friday reported that its economy grew at its slowest pace in 26 years last quarter.
NZD was very week a few days back but now is coming up very strong and it appears that even more upside will occur in the near-term as we see rise from Oct 16th low acting impulsively.
Weak growth data confirmed that the trade disruptions with the US have continued taking a toll on Chinas economy during the third quarter.
BANGKOK (AP) — Share prices retreated in Asia after China reported Friday that its economy grew at an annual rate of 6.0% in the latest quarter.
Bad U.S data and Brexit optimism have sent the U.S Dollar Index to the lowest level since August. We get a pulse on the global economy with a deluge of data from China tonight. Lets take a look at the...
Crude oil seesaw trading goes on, as yesterday's upswing gave way to a lower open earlier today. Given the declining USD, couldn't black gold have acted just a little bit stronger? Let's take...
GBP surges but then reverses lower. 1-week option vols explode higher. 1-month risk reversals plummet. Risk now rising that Saturdays UK Brexit vote in the House of Commons will fail. EURUSD continues...
U.S. stock index futures are higher after U.K. Prime Minister Boris Johnson said a Brexit deal has been reached with Brussels.
U.S. stock index futures were sharply higher yesterday after the third-quarter earnings season got off to an upbeat start.
BANGKOK (AP) — Global markets were boosted Thursday by news that Britain and the European have agreed on an outline Brexit deal after days of intense negotiations.
CHF may see move higher as EUR and GBP fights during Brexit volatility
The AUDJPY is edging higher going into today's European morning, and appears poised to continue rallying off triangle resistance (on the daily chart) after 3 days of consolidation. Significantly, although...
BANGKOK (AP) — Asian shares were mixed Thursday after officials signaled work remains to be done on an agreement for a truce in the tariff war between the U.S. and China.
If the week started on some optimism regarding the US-China trade deal and the Brexit, it will probably end on battered hopes of seeing any progress on both ends.
GBPUSD with the pair extending its strength, more price gain is expected in the days ahead.