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Cable slips lower as BoE member suggests more QE

WTI Crude oil prices slipped lower on Tuesday on continued concerns over a global oil glut as traders booked profits on a surge of almost 3 percent yesterday. Profit taking curbed the upward momentum driven by talks of a meeting Read More →

EURUSD – Can Euro Break 21 Hourly SMA?

Key Points

  • The Euro is currently consolidating against the US Dollar, and attempting to break the 21 Read More →

GBPJPY – British Pound To Trade Further Lower?

Key Points

  • The British Pound after testing the 134.00 level against the Japanese yen found sellers and Read More →

The Fed Likely To Stay Behind The Curve; Staying USD Bearish – Morgan Stanley

As long as US inflation expectations remain low, the Fed is unlikely to raise rates early.

In this respect, the 5Y/5Y inflation swap rising by 4bp on Friday was muted compared to the 10bp rise in the nominal US Read More →

AUDNZD – Aussie Dollar Having Upper Hand Vs NZD

Key Points

  • The Aussie dollar climbed higher against the New Zealand dollar and looks set for further Read More →