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Monthly archive March, 2017

GBP: PM In Second Defeat On Article 50 Bill: EUR/GBP En-Route To 0.87 – Danske

Tonight, the UK government suffered its second defeat in the House of Lords in less than a week, as the Lords voted for an amendment to the EU bill demanding a ‘meaningful vote’ on the final Brexit deal (366 voted Read More →

Dollar lurks near highs ahead of non-farm payrolls

The dollar edged higher against its rivals on Tuesday but was still below its highs reached in December and January after two weeks in which expectations for a rise in U.S. interest rates this month have soared.

Some participants Read More →

EURJPY – Euro Remains Sell Near 120.30 Vs Japanese Yen

Key Points

  • The Euro made a downside move recently and broke the 120.40 support area vs the Japanese yen.
  • There was a contracting triangle support at 120.42 on the hourly chart of the EURJPY pair, which was broken.
  • Today in Read More →

AUDNZD – Aussie Dollar Monstrous Upside Run Vs Kiwi Dollar

Key Points

  • The Aussie dollar is in a solid uptrend with support at 1.0860 vs the Kiwi Dollar.
  • There is a monster bullish trend line support at 1.0850 formed on the hourly chart of the AUDNZD pair.
  • Today, the RBA Read More →