GBP

As five days of debates come to an end, the market is bracing itself for a “final, meaningful vote” in Parliament today on Theresa May’s Brexit deal due to take place at 19:00 GMT. Negotiations have been fraught and even as May pleads… Read More

The markets wake up to a new trading day of the year with the holiday season behind. Economic data picks up pace covering the latest for the month of December. In the early Asian session today, China's Caixin manufacturing PMI showed… Read More

Looking ahead to next year there are a few key issues which already seem set to dominate the Forex landscape. Among these the most important are the potential US/China trade deal and Brexit. So, read on to take a look at the big consensus… Read More

Currency trading is an interesting game because, unlike equities trading for example, instead of just trading one instrument we are trading the relationship between two instruments. Therefore, while one currency is going up another must be… Read More

The Bank of England held its monetary policy meeting on Thursday last week. As widely expected, the central bank left its interest rates unchanged at 0.75%. The decision to leave interest rates steady was a unanimous decision. The… Read More

While many were focusing on the tabloid headlines which reported the government order to increase preparations for a no-deal Brexit, GBP was actually higher yesterday on reports that Theresa May is now just 20 votes away from gaining… Read More

The U.S. dollar was seen trading weaker on Tuesday. The weakness in the greenback comes ahead of today's Fed meeting. However, the USD was seen managing to recover some of the losses later in the day. Economic data on the day showed that… Read More

EURUSD Non-Commercials reduced their net short positions in the Euro last week buying 5k contracts to take the total position to -56k contracts. This latest position adjustment came just ahead of the December ECB meeting, reflecting the… Read More

EURUSD Non-Commercials increased their net shorts in the Euro last week selling a further 6k contracts to take the total position to -61k contracts. The main focus this week will be whether the ECB proceeds as expected and announces an… Read More