Number of Workers Drop But UK Wages Are Rising
The number of people in work in Britain fell for a second time in a row in the three months to Novem...
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EUR/USD – Euro Shrugs Off Strong Inflation Numbers and May’s Brexit Speech
EUR/USD is showing limited movement in the Wednesday session. Currently, the pair is trading slightl...
Dollar Retraces Some of Trump’s Intervention Loss
Wednesday January 18: Five things the markets are talking about Yesterday saw the biggest drop in th...
GBP/USD – Pound Retracts After Surging on May’s Brexit Speech
The pound has dipped on Wednesday, after posting spectacular gains in the Tuesday session. Currently...
Sterling Remains in Focus This Morning
We have another busy session in store on Wednesday as we get jobs data from the UK, inflation data f...
Trump Deflates USD Ahead of Inflation Data
Strong dollar comments put currency on back foot Donald Trump added another unusual action to his gr...
May Sparks Biggest Gains in 8 Years For Cable
Senior Market Analyst Craig Erlam talks about how Theresa May triggered sterlings biggest one day ra...
Fed’s Brainard Says CB Would React to Higher Inflation Sparked by Fiscal Changes
A leading proponent of low interest rate policy at the Federal Reserve said on Tuesday the U.S. cent...
Trump Aide Scaramucci Says They Want Better Deals not Trade Wars
President-elect Donald Trump could be one of the last great hopes for globalism, according to a memb...
China Pledges to Champion Free Trade
China’s premier, Xi Jinping, has delivered a strong defence of globalisation, serving notice to Do...
IEA President Says Oil Prices Facing Downward Pressure Despite OPEC
Oil prices are set to fall later this year despite the recent OPEC agreement to limit production, Fa...
XAU/USD – Gold Rallies to 8-Week High on Trump’s Dollar Comments
Gold prices have moved higher, as the metal currently trades its highest level since November 22. In...
WTI/USD – US Crude Briefly Climbs on Bullish Saudi Comments
US crude showed flexed some muscle in the Tuesday session, but was unable to consolidate the gains. ...
May Comments Trigger Short Squeeze in Sterling
We’re seeing a textbook short squeeze in the pound today following Theresa May’s press conferenc...
USD/JPY – Soft Dollar Slides Below 113 Yen, US Inflation Data Next
USD/JPY has posted considerable losses in the Tuesday session. In the North American session, the pa...
May Pledges Vote on Brexit Taking U.K. Out Of EU’s Single Market
Prime Minister Theresa May pledged to pull Britain out of the European Union’s single market while...
USD/CAD – Canadian Dollar Jumps on Soft Greenback, BoC Rate Statement Next
The Canadian dollar has posted strong gains in the Tuesday session. Early in North American trade, U...
Trump Comments Send Dollar Lower
The dollar weakened and gold advanced with bonds after the President-elect said the U.S. currency is...
Globalization Not to Blame
Economic globalisation has become a “Pandora’s Box” for many, but global problems ...
Xi Warns No One Wins in Trade War
Chinese President Xi Jinping warned countries on Tuesday against returning to protectionist trade po...