FTSE 100, Dax and Dow all Edge Higher after Recent Heavy Losses​​​​

Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, and Dow Jones 30 Charts and Analysis FTSE 100 back to 7400 ​Friday witnessed the index close below trendline support from the August low and below the early October low.​Further losses now beckon towards 7300 and then down to 7215, the low from

GBP Strengthens, AUD Lags as US Bond Yields Rise By Investing.com

© Reuters. The British Pound (GBP) is outperforming as the strongest major currency with the Australian Dollar (AUD) lagging, while the U.S. Dollar (USD) exhibits mixed performance. This comes as U.S. bond yields rise, reflecting market expectations for sustained high-interest rates driven by a robust U.S. economy. The Federal Reserve Chair has hinted at a

Euro appears bid and gyrates around the 1.0600 region

Share: The Euro clings to daily gains vs. the US Dollar. Stocks in Europe extend the multi-day decline on Monday. EUR/USD keeps hovering around the 1.0600 zone. The USD Index (DXY) comes under pressure and disputes 106.00. Eurozone flash Consumer Confidence is due in the domestic docket. The Chicago Fed National Activity Index ticks higher in September.

Market Update – October 23 – A suspiciously calm day

Asian markets sold off after a weaker close on Wall Street on Friday. Mainland China bourses underperformed as investors remain dissatisfied with official support measures and the lack of further rate cuts. Futures are under pressure across Europe and the US, amid signs that war jitters are easing as investors watch diplomatic efforts to contain

USD/JPY but a whisker away from retesting the 150.00 mark

USD/JPY daily chart The pair now trades at 149.98 and at the highs for the day, albeit in a rather constricted range. It’s been a while coming and the pair has been teasing for a push back towards 150.00 since last week already. The last attempt in early October was shot down by Japanese officials

British Pound (GBP/USD) Latest – Volatility on the Horizon?

British Pound (GBP/USD) Analysis and Charts Moody’s upgrade having little effect on Sterling. UK employment data and S&P PMIs are the next potential GBP drivers. Recommended by Nick Cawley Get Your Free GBP Forecast The British Pound is little changed as traders open their books for the week with little macro news around to start