Cable

Taking a glance across the markets, the risk appetite noticeable went down at the end of Friday’s trading session, keeping currencies such as the cable around 5-years lows. The GBP/USD major traded on Friday around -0.5%, in the 1.4343 area, reaching also the multi-year low at 1.4339. The bearish tone in the market keeps pressure over the GBP/U...

2016-01-18 Kira Vessiari Read more
Pounds_Orbex

Australia’s officials released on Wednesday the latest retail sales figures, which came in line with expectations at 0.4% mom (month-on-month). The numbers acted as a support for the AUD/USD trend over the course of the last couple of days. Also, the report is a key figure in RBA’s (Reserve Bank of Australia) decision process in prospect of Dece...

2015-11-06 Kira Vessiari Read more
US Dollar Index Analysis

The European trading session is relatively quiet with no major events on tap. This leads the markets to focus on the FOMC meeting minutes due later this evening. After yesterday's volatility, driven by the ECB official's comments on QE front loading, the Euro continues to remain subdued but looks to have eased from its strong bearish sentiment f...

2015-05-25 John Benjamin Read more