Tabitha
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GBP, “Green”land: UK, you ok?
UK, you ok? First up, I guess my panic to send out the bullish USDCAD idea yesterday was misguided. USDCAD is sharply unchanged over the past 24 hours despite quite a lot of interest in topside USDCAD. Meanwhile, the UK is in the spotlight ... It is not hard to see the regime shift there in the last
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iFX EXPO Dubai 2025 Set to Gather the Online Trading Industry’s Best and Brightest
iFX EXPO Dubai 2025 The No.1 Online Trading Expo in MENA iFX EXPO, creators of international online trading expos, are set to kick off the new year with another edition of their Dubai event. On January 14th, iFX EXPO Dubai 2025 will launch with an iconic welcome party at Bla Bla Dubai from 19:30 to
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Sterling sliding, Fed worried about Trump
The British pound is on a nasty slide and has lost 1.8% since Monday. In the European session, GBP/USD is currently trading at 1.2294, down 0.53%. Earlier, the pound fell as low as 1.2237 (1%), it lowest level since Nov. 2023. BRC shop inflation hits 3.5 year low The latest setback for the pound was
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Stronger JPY on higher wages and 30-year demand
Asia market update: US port strike averted, hits JP shippers; KR equities lead again with chipmakers up on further US export restrictions; CN deflation concerns worsen; Stronger JPY on higher wages and 30-yr demand. General trend - Korea’s Kospi led Asia again with Hynix +5%, taking advantage of US
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Japanese Yen eyes wage data
The yen has edged higher on Wednesday. In the European session, USD/JPY is trading at 158.33, up 0.19% on the day. Japan’s consumer confidence for December data showed a slight decline, falling to 36.2 from 36.4 in November. This missed the market estimate of 36.4 as consumers remain in a pessimisti
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Oil rises on balance shift
Crude Oil continues to rise for a third week. On Wednesday, the price of a barrel of Brent crude rose above $77.50, its highest level in almost three months. Better-than-expected economic data from the US in recent days has fuelled expectations of stronger demand. At the same time, oil is being help
Pull-up Update