For the third day in succession, a test of the psychologically important parity level in Euro-Dollar is underway, but a significant layer of options barriers could yet mean the exchange rate closes above this level again.
When the United Kingdom went to vote on the Brexit referendum in 2016, most people assumed that a decision to leave the European Union would have an effect on the… read more →
As the Brexit deadline draws ever closer, it remains to be seen whether London will keep its place as the top financial centre in the world as is currently recognised… read more →
As a forex trader, it should already be routine for you to check the news every day for the latest in foreign currency price moves. “Blink, and you’ll miss it”… read more →
The GBP faces months of decline as the UK economy appears to be headed for recession. The UK’s decision to exit the European Union came as a shock to financial… read more →
Even after a quiet Monday this week, the pound sterling continued to surge against major currencies yesterday. As a result of recent Brexit polls favouring ‘stay in’, as well as… read more →
Gary Howes from Pound Sterling Live gives a market update for Trade Finance Global. The most recent Commitments of Traders report issued by the Commodity Futures Trading Commission shows the… read more →
There are rumblings of discontent coming out of Germany over the European Central Bank’s penchant for slashing every interest rate at its disposal at any given opportunity, and this spells… read more →