Bank of England Leaves Rates Unchanged, Sterling (GBP) Remains Supported

The Bank of England (BoE) left all monetary policy measures unchanged, as expected, and said that any rate hikes would be limited and gradual.


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Dismal ISM Manufacturing Survey to Fuel EUR/USD Rebound

Updates to the ISM Manufacturing survey may rattle the U.S. dollar as the index is expected to narrow to 59.0 from 59.8 in September.


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AUDUSD and NZDUSD on Cusp of Breaking Above Key Levels, Lines

Aussie and Kiwi have been stuck in downtrends for most of the year, but some relief could come with important hurdles on the verge of being jumped.


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FTSE 250 Outperforms FTSE 100 on Brexit Developments

The FTSE 250 is outperforming the FTSE 100, given its larger exposure to domestic developments with a firmer Sterling supporting the index. However, officials have poured cold water on latest Brexit developments


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GBP Price: Positive Brexit News Boosts Sterling, BOE Ahead

News that the EU and the UK have reached a tentative agreement over financial services post-Brexit has given Sterling a strong boost ahead of the latest Bank of England (BoE) monetary policy announcement.


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S&P 500, Dow Jones, and Nasdaq 100 Prices Retest Broken Trend Support

Watch how U.S. indices respond to retest of critical thresholds, another swoon lower could soon be in the works...


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Pound Eyes Carney Brexit Comments, China Stokes Stimulus Hopes

The British Pound is eyeing an assessment of a no-deal Brexit outcome from BOE Governor Carney for direction. China has signaled more fiscal stimulus is ahead.


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Gold Prices May Keep Falling as ISM Data Lifts Fed Rate Hike Bets

Gold prices may continue to fall as October’s US manufacturing ISM survey boosts Fed rate hike bets. Crude oil prices may enjoy a respite after recent selling.


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Most Asian Stocks Up, Brexit Latest May Extend FTSE 100 Gains Next

Most Asian stocks followed S&P 500 higher, especially Shanghai Composite. Australian Dollar rallied on trade data. British Pound rose on Brexit news and FTSE 100 may extend gains next.


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An Australian Dollar Spoiling for a Rally with the Right Spark

Despite volatile risk trends and downward fundamental pressure, the Australian Dollar has held strong in the face of high profile themes.


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A Risk Bounce with Few Fundamental Footholds and a Large S&P 500 Tail, Dollar Breakout?

Despite the strong gap higher on Wednesday, US equities faced key former support as resistance and ended with a large tail. Brexit and Italy continue to be critical market themes.


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EUR/USD Technical Analysis: Critical Long-Term Support Broken

The Euro finished October with a break below support capping losses for five months, opening the way for the decade-long downtrend to resume.


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Nikkei 225 Technical Analysis: Key Channel Top Lies In Balance

The Nikkei 225 has bounced at important long-term support and staged a modest turnaround. However, its down-channel endures and will need to break if the bulls are to push on


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Japanese Yen Technical Analysis: USD Fights Back, May Be Tired

The Japanese Yen has come under renewed pressure against the Dollar, which has so far averted a key downside test in USD/JPY. Dollar bulls still have work to do, however


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AUD/USD Prices Aim Higher on Trade Balance Ahead of RBA Decision

AUD/USD soared on better-than-expected September Australian trade balance data, but upside momentum may be at risk due to rate differentials or risk aversion as the RBA nears.


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Crude Oil Price Falls on Record US Output, Trade Data May Hurt AUD

The British Pound rose on Brexit deal hopes while oil prices fell on record US crude output data as stocks and FX diverged. Australian Dollar may fall on a weaker trade surplus.


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AUD/USD Rebound Unravels Ahead of RBA as CPI Report Fails to Impress

The recent rebound in AUD/USD may continue to unravel ahead of the next RBA meeting as the central bank is expected to keep the cash rate at the record-low.


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Dow Puts in 1,100 Point Bounce as a Bearish October Winds Down

US stocks have finally caught a bid, with the Dow rallying by more than 1,100 points from this Monday's low. Will bulls be able to hold the enthusiasm through the November open?


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Beware the GBP/USD Rebound Amid Surge in Retail Long-Interest

The ongoing shift in retail sentiment undermines the recent rebound in the GBP/USD exchange rate as the pickup in volatility sparks a sharp rise in net-long interest.


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GBP Boosted as Brexit Minister Signals Brexit deal by November 21st

The Pound sharply rose to session highs against the US Dollar after Brexit Minister Raab stated in a letter that he will give evidence to Brexit committee when a deal is finalised by November 21st


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