Sterling (GBP) Brushes Aside UK Data as Brexit Takes Center Stage

The latest UK manufacturing and industrial production figures beat lowly expectations while UK m/m GDP jumped to 0.5% against a prior month’s -0.4% print.


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Rising Risk Appetite Boosts Stocks, Knocks JPY and US Treasuries

Markets are shrugging off concerns about trade wars and slowing global economic growth, with traders opting for riskier assets such as stocks.


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GBPUSD Technical Analysis: Golden Cross Formed, Volatility Highest Since July 2016

Ahead of the tonight’s Brexit, GBPUSD implied volatility has surged to the highest since July 2016.


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Brexit Latest: Sterling Soars but Brexit Bill Changes Under Scrutiny

PM May’s likely revised version of her Brexit bill will be put to Parliament tonight with the PM hoping that she has done enough to get MPs to back her.


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Euro, USD Look Past Retail Sales - Eyeing Brexit Vote and US CPI

The Euro and Greenback shrugged at the release of US retail sales and are now both waiting for the upcoming Brexit vote which may steal the thunder from US CPI data.


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Asia Stocks Extend Rise, GBP/USD and FTSE 100 Eye Brexit Deal Vote

Asia Pacific equities followed gains on Wall Street, fueled by US retail sales and the latest Brexit news. Ahead, the FTSE 100 and GBP/USD eye the critical EU-UK divorce deal vote.


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Japanese Yen Technical Analysis: USDJPY Bulls Still Struggle With 112

The Japanese Yen has managed to keep USD/JPY bulls away from the 112 level which now forms key psychological resistance


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Brexit Vote May Cause Significant Volatility in SEK, NOK - Foggy Outlook

USD/SEK and USD/NOK retreated and re-entered familiar trading ranges after reaching multi-year highs. The technical outlook may be complicated by volatility from the upcoming Brexit vote.


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US Retail Sales Beat, Latest Brexit News Lifts Market Sentiment

Global equities began the new week with optimism as sentiment improved on the latest Brexit news and US retail sales data beat. This countered the downturn in market mood as of late.


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Australian Dollar Wilts As NAB Business Confidence Falls Short

The Australian Dollar slid as a key measure of business sentiment registered its weakest level since the start of 2016, adding to peristent disappointments in economic data


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GBP/USD Soars, Theresa May’s Deputy Secured Changes Ahead of Vote

The British Pound soared in early Tuesday trade after Theresa May’s Deputy, David Lidington, secured changes to her Brexit deal ahead of today’s vote in Parliament.


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How China Looks to Stabilize Their Economy

With China's low growth projections, premier Li presents a prudent monetary policy approach with a focus on tax reduction to help the Chinese economy.


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USD/JPY Retail Longs Surge Even as Bullish Momentum Abates

The recent rebound in USD/JPY has sparked a further adjustment in retail interest even as the RSI threatens the bullish formation from earlier this year.


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S&P 500 Outlook: US CPI to Guide Index, Financials May Lead

The S&P 500 will look to Tuesday’s release of US CPI. A higher than expected figure could prove burdensome for the index.


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GBPUSD Implied Volatility Soars Ahead of Brexit Vote and UK Data

GBPUSD 1-Day implied volatility jumps to a 2-month high ahead of British Parliament's second meaningful vote on Prime Minister Theresa May's latest Brexit deal.


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S&P 500 Patterns Suggest a Correction to Release Buying Pressure

S&P 500 Elliott wave patterns point to a correction to relieve the recent buying trend. US Dollar Index appears to be bursting higher out of a triangle pattern.


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NZDUSD Appears Vulnerable Near Critical Support

A general sense of risk aversion swept markets last week, resulting in downward pressure for NZDUSD. Should the risk-off attitude resurface, the pair presents opportunity.


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Bitcoin: Traders Continue to Increase Their Net-Long Positions

Recent changes in sentiment warn that the current Bitcoin price trend may soon reverse higher despite the fact traders remain net-long.


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GBPJPY: Traders Net-Long Is Now Its Highest Since Feb. 18

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPJPY-bearish contrarian trading bias.


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Trading the 24-Hour Forex Market

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