USDGBP Holding Until Wednesday

November 4, 2016 0

USDGBP continues to rise into the weekend holding shy of 1.25.  This could be due to the UK’s high court ruling on Brexit  or the news filtering out from the US regarding it’s presidential election.

EURUSD Awaits US Employment Data

November 4, 2016 0

All eyes are on the US October Employment data.  Don’t expect a major move due to Tuesday’s Presidential Election.   8:30   USD Average Hourly Earnings (MoM) (Oct) 0.3% 0.2% 08:30   USD Nonfarm Payrolls

World News In 400 Words Or Less

November 4, 2016 0

What a crazy week?  Anybody else have trouble remembering this is the current US political landscape and not a week long trailer for the next season of ‘House of Cards’?  Our differences should be a

EURGBP Catching A Bid

November 1, 2016 0

EURGBP moved lower on the news that BoE Govenor Carney planned to stay at his post until June 2019.  The trend reversed after a weak UK manufacturing number dropping to 54.3 which was slightly lower

Carney is in and GBP might not be out!

November 1, 2016 0

Bank of England Governor Mark Carney ended speculation that he would soon resign his post on Monday when he announced that he’ll extend his term to June 2019.  The market saw this as a stabilizing

EURUSD Trying To Break 1.10

November 1, 2016 0

USD weakness is present in the forex markets this morning due to political instability in the US taking the place of the ECB’s comments on how it is not planning to tapper in the near