Aussie Retains Bearish View; Employment Report Key to the Australian Outlook
January’s employment report for Australia is likely to attract investor’s attention on Thursday at 0030 GMT as the Australian dollar has been losing some ground over the past week. Stronger figures in employment may provide some relief to the currency. The unemployment rate is...
What is Margin Call in Forex and How to Avoid One?
Margin Calls in Forex Trading – Main Talking Points: A short introduction to margin and leverage Causes of margin call Margin call procedure How to avoid margin calls Traders go to great lengths to avoid margin call in forex. Therefore,...
GBP/USD Outlook: Sterling Advances Through Key Barrier, Boosted by Strong Jobs Data
Cable enters American session on Tuesday firmly in green and above pivotal barrier at 1.2942 (Fibo 38.2% of 1.3217/1.2772 / daily Kijun-sen). The pair ticked lower after release of UK jobs data, as markets were initially disappointed after earnings came...
Dollar Jumps as World Trade Outlook Worsened, Sterling Even Stronger
Sterling surges broadly in European session and it’s trading as the strongest one for today so far. There is some support by slightly better than expected wage growth. Also, there could be some buying on expectation for the parliament to...
EURGBP Remains Weak And Vulnerable To The Downside
EURGBP remains weak and vulnerable to the downside as it looks for more decline. On the downside, support stands at the 0.8700 level where a violation will turn focus to the 0.8650 level. A break below here will aim at...
GBPUSD 1.2900 Remains Key
The British pound is coming under moderate selling pressure against the US dollar after wage and employment data from the United Kingdom economy came in slightly worse than expected. The GBPUSD pair continues to retain an intraday bullish trading bias,...
WTI Oil Outlook: Bulls Are Taking A Breather Under 100SMA
WTI oil price holds within tight range under new 2019 high posted after strong 5-day advance, showing hesitation on approach to strong barrier at $56.92 (falling 100SMA). Bulls are running out of steam as daily slow stochastic is turning south...
US Treasury yields lower amid US-China trade talks
U.S. government debt prices rose on Tuesday as investors awaited details from the latest round of U.S.-China trade talks. The yield on the benchmark 10-year Treasury note slipped to 3.661 percent, while the yield on the 30-year Treasury bond fell...
IHG full-year room revenue grows on China demand
InterContinental Hotels Group said on Tuesday its full-year room revenue grew as more people checked into its 380 hotels in the Greater China region. The Denham, UK-based owner of brands such as Crowne Plaza, Holiday Inn and InterContinental said revenue...
Currencies: Sentiment Data (ZEW) To Ease Euro Downside Pressure?
Rates: Looking for clues from the ECBUS investors return after the long weekend, but the US eco calendar is razor-thin. EMU investors look for signs of improvement in the forward-looking German ZEW expectations index and for hints on possible future...
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