Forex

May's Letter to EU The main market-moving news on Wednesday was that the UK PM will formally request an extension of the Article 50 process by 3 months. GBP had been trading firmer in response to news last week that Brexit could be… Read More

Eurozone ZEW Better Than Expected The FX market traded with a muted tone over the European morning on Tuesday. The only notable data print was the Eurozone ZEW economic survey which came in slightly better than expected at -15.1, though… Read More

As the March 29th Brexit deadline looms ever closer, the uncertainty around how the UK will leave the EU is reaching fever pitch. In a dramatic new twist to events, the Speaker of the House of Commons, John Bercow, announced this week that… Read More

The economic data over the week covered the retail sales report for January and inflation data. The data sets the expectations for the FOMC meeting due tomorrow. Following the weak jobs report in February, the US economic outlook is… Read More

Dollar Kicks Week Off on Bad Footing The US dollar ticked lower on Monday as risk flows from last week's closing continued adding downside pressures. The beleaguered currency slipped last Friday amid fresh optimism that a US-Sino trade… Read More

There are two major events this week that could generate some movement CHF pairs. The second most important, though probably most volatility-inducing, is scheduled for early tomorrow morning. This will be the release of last month's trade… Read More

May Presents Deal in Commons on Tuesday/Wednesday Theresa May will come to blows with parliament for the third time in a bid to reverse last week's disappointing defeat. The British PM did not receive the support she needed from Commons… Read More

A busy week for the financial markets is coming up.  Here's a quick recap of the market-moving events we can expect. Central Banks The week ahead will see the US Federal Reserve and the Bank of England holding their respective monetary… Read More