Stock Indices Give Back Gains Ahead of Fed Chair Speech​​​

Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, S&P 500 Analysis and Charts ​​​FTSE 100 on track for the first week of gains in a month ​The FTSE 100 is on track to end the week up for the first time in a month as UK GfK consumer confidence came in

Bulls give up, and bears retake the 20-day SMA

Share: GBP/JPY retreated towards the 181.00 area and cleared most of its weekly gains.  Investors continue to digest BoE’s decision on Thursday.  Governor Ueda committed that the BoJ will be more flexible with the 10-year JGB. On Friday, the JPY traded mixed against most of its rivals, mainly because of Governor Ueda’s from

US dollar recovers some losses as equities give back gains

The US dollar has recovered some of the selling after non-farm payrolls as equities give back gains. Notably, Treasury yields remain near the lows of the day, led by a 13 bps fall in 7-year notes. The dollar has been dragged around by fixed income this week but its stocks behind this move. The S&P