The pound seems to be standing at a crossroads with key technical references above and below, the 161.8% weekly Fibonacci…
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Daily market commentary: Gold rebounds
GOLD As soon as the dollar’s recovery stopped, gold has been able to rebound, consolidating the strength of the support…
Read MoreDaily market commentary: The pound is continuing to depreciate versus its peers
EUROPEAN SHARES European share markets registered a slight rebound on Tuesday, following Monday’s sell-off, while US futures and Asian stocks…
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Forex Weekly Look Back: IG Group announces its first ESG Manager, UK economy sinks
The Bitcoin third block halving event took place this Monday. Every four years the amount a bitcoin minor receives is…
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Daily market commentary: The pound is making gains versus the euro and the dollar
GOLD Volatility on gold remains modest with the spot price continuing a slow dance just above the threshold of $1,700…
Read MoreForex Weekly Look Back: IG Group announces new CFO, TechFinancial terminates all its B2B brokerage services activities
ASIC reported an increase in retail activity across the securities market during the Covid-19 period. The Commission’s market analysis shows…
Read MoreDaily market commentary: The pound gains ground against both the dollar and the euro
GOLD The gold price is slightly suffering against the renewed strength of the greenback. The spot price dropped below $1,700…
Read MoreDaily market commentary: Sterling gains ground against other currencies
EUROPEAN SHARES Share markets opened mostly higher on Wednesday in Europe, despite a mixed Asian trading session overnight. The fact…
Read MoreDaily market commentary: A crucial week for European bond markets
OIL The oil war combined with the devastating effect of the coronavirus-induced lockdown on economies has triggered a dramatic fall…
Read MoreDaily market commentary: The pound is down versus all other major currencies
OIL Oil remains in a bearish phase with the WTI price falling to a 18-year low. The spread between WTI…
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