News combines to give Cable brief respite

GBPUSD, H1  US existing home sales slipped 0.4% to 5.190 mln in April, disappointing expectations for a strong rebound following the 4.9% drop to a...

10 days down for stressed out Sterling

GBPUSD, GBPJPY, & UK100 Daily The fallout from (i) Mrs May resigning in June, (ii) the Brexit stalemate between the UK Government and the opposition...

Light relief for EURUSD short lived

EURUSD, H1 ECB's Weidmann plays down positive effect of tiered deposit rate. The Bundesbank President repeated again that the impact "from interest-rate tiering, as it's...

Eurozone continues to splutter along

EURJPY, H1 Eurozone Q1 GDP confirmed at 0.4% q/q in the second reading, up from 0.2% q/q in the fourth quarter 2018. There still isn't...

Trade Woes Weigh across the Board

NZDUSD, AUDJPY & AUDUSD, Daily US and China look set on a prolonged impasse on trade. The US on Sunday demanded promises of concrete changes...

Mixed bag for US Data Today

EURUSD, M15 US headline PPI rose 0.2% in April, with the core rate up 0.1%, with the latter a little light. There were no revisions...

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