Blog

Gold price action encouraging as the precious metal attempts to put in a double bottom.

The FTSE has been chopping its way higher, but may soon find more momentum; resistance over 7000 targeted on rally.

I’m short EUR/MXN in the second quarter, given the Euro’s resilience against EM currencies in the last 6 months, despite risk-on appetite bringing them back from March 2020 lows.

US Dollar net shorts fall to a 1 year low. Euro sentiment remains soft, while GBP is vulnerable to pullbacks.

The Rand opened up strong this week on the back of strong economic data and a weakening U.S. Dollar, while key technical levels come into focus.

The DAX 30 soars to new highs bolstered by strong US data, vaccine concerns could sour sentiment

Ethereum printed a fresh all-time high over the weekend, while Bitcoin continued to nudge the $60k level. Both are set fair to make further gains

EUR/GBP has tumbled in recent days as the UK vaccine program outpaces the EU’s but it could be time now for at least a minor retracement higher.

The divergent handling of the coronavirus pandemic, and the wait-and-see stance of the Federal Reserve, may open the door for the US Dollar to continue driving higher against the Euro.

Crude oil prices gained modestly on Tuesday morning after falling over 4% a day ago. Nuclear talks between Iran and the US in Vienna will be closely watched for clues…