US tax plan encounters teething issues. Euro higher on yieldsDec 27, 2017 - By Cindy Xu
We saw Dollar buying in some pairs overnight as the US House of Representatives passed the final version of the US Tax plan, however, after the vote, it came to light that some clauses violated Senate Rules. This meant that the bill couldn’t go to the final stage of Senate voting,
Catalonia votes for separatist majorityDec 17, 2017 - By Nick Twidale
The Euro is taking a beating after the Catalans vote in a separatist majority. 96% of ballots are counted and separatists have 70 seats out of 135 confirming a majority. By no means is this a vote of independence but with a majority in the regional government, we are likely to see the separatists take far more power over the state.
Dollar Off after more Dovish Fed Minutes than expected.Feb 23, 2017 - By Nick Twidale
We had a bit more of a mixed bag again from the Usd last night as initially we saw a continuation of the dollar grinding higher but this was followed by a drop down after the Fed minutes were released.
Early Market Themes of 2017Jan 16, 2017 - By Nick Twidale
We’re only at the start of the third trading week of the new year and already there are some definite themes that are affecting the market.
USDCNY – Technically Brilliant!Jan 6, 2017 - By Nick Twidale
One of the best movers this week and therefore this year has been the UsdCny which we’ve noted has traded phenomenally well to the downside on the long term trend lines.
Non Farm Payrolls – More fireworks or a Damp Squib??!Jan 6, 2017 - By Nick Twidale
It feels a bit early in the year for the majority of traders as they just recover from extensive Christmas and New Year hangovers, but we have one of the most important data releases coming out tonight which could have a substantial effect on the way the currencies trade for the first few weeks of the year at least.