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Risk on, Risk off ….

EURJPY, in contrast to EURUSD, has nudged modestly lower on the back of a moderate safe-haven bid whıch boosted Yen. This has drıfted the...

Europe and EUR update

Sentiment collapsed further in the European session on the news that EU finance ministers failed to reach a deal and also on the announcement...

EURUSD: Fundamentals present downside risk

European stock markets have moved broadly higher overlooking the February composite PMI readings for the Eurozone and the UK which  looked robust. However, the...

Aussie and Kiwi hold gains ahead of NFP

The fears of an immediate outright war in the Mideast continue to fade after US President Trump said the phase one trade deal with...

EUR moves lower ahead of President Lagarde

EURUSD, H1 Eurozone final manufacturing PMI revised up to 46.9 from the 46.6 reported initially. This still leaves the headline number firmly in contraction territory,...

Heavy EURO

A torrent of month-end data releases have been coming in, most notable of which has been warmer than expected inflation data in flash estimates...

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