Article by IG Senior Market Analyst Axel Rudolph FTSE 100, CAC 40, Nasdaq 100 Analysis and Charts FTSE 100 drops further as UK retail sales fall by more than expected The rout in the FTSE 100 is ongoing as UK retail sales dropped by 1.2% month-on-month in July, worse than an expected 0.5% drop and
There was no major news coming out of the Fed chatter. Most of the focus was on interest rates, and stocks. Bitcoin fell toward technical support. Crude oil prices rebounded off of low levels and closed higher on the day, but down on the week. On Friday, if you were to look at the price
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EUR/USD ANALYSIS EZ CPI report shows softening headline inflation with core remaining sticky. Jackson Hole in focus next week. Bears stalk key support zone. Recommended by Warren Venketas Get Your Free EUR Forecast EURO FUNDAMENTAL BACKDROP The euro extended its slide downward this Friday after euro area inflation (see economic calendar below) showed marginal signs
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© Reuters Investing.com – The U.S. dollar edged lower in early European trade Thursday but remains trading near two-month highs after the minutes from the last Federal Reserve meeting offered a hawkish slant. At 03:00 ET (07:00 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.1% lower at
Share: GBP/USD retreats from daily highs and losses for the second day in the week but remains set to finish the week on a higher note. Retail Sales in the United Kingdom (UK) were softer, but most data supports the Bank of England’s (BoE) case for a rate hike at its upcoming meeting. The GBP/USD
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GBP/USD and EUR/GBP Analysis and Charts Gilt yields support Sterling against a robust US dollar. EUR/GBP set to test range support. Recommended by Nick Cawley How to Trade GBP/USD The British Pound is ending the week in reasonable shape against the US dollar and is showing gains against a range of other G7 currencies. The
The NASDAQ index has moved lower over the last 4 trading days and currently trades down around 1% on the day. The index has moved down -1.14% to -1.17% on 3 consecutive days… That decline has pushed the price closer to a swing area between 13101.18 and 13181.09. Also in sight is the rising 100-day
