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EUR/USD: The single currency withdrew from highs of 1.1493 Tuesday, as the European Commission, the EU's executive arm, told populist lawmakers in Italy it must make revisions to its draft budget proposal. Despite this, little change to the overall technical structure of this market was observed. Longer term, buyers and sellers continue to battle for … Continue reading Wednesday 24th October: Trump slams Fed, though USD remains steady around 96.00

Global Markets: Asian Stock Markets : Nikkei down 2.55%, Shanghai Composite down 1.46%, Hang Seng down 2.36%, ASX down 1.05% Commodities : Gold at $1227.80 (+0.26%), Silver at $14.58 (-0.08%), Brent Oil at $79.49 (-0.43%), WTI Oil at $69.14 (-0.32%) Rates : US 10-year yield at 3.175, UK 10-year yield at 1.521, Germany 10-year yield … Continue reading Tuesday 23rd October: Asian markets lower as Italian and Saudi headwinds hit global sentiment

EUR/USD: Over the course of Monday’s sessions, particularly throughout European hours, the euro surrendered ground to the US dollar (shook hands with its 96.00 mark once again amid risk aversion). Pressured by Italy’s budget situation and Brexit negotiations, price faded nearby H4 resistance plotted at 1.1542 and plowed through the 1.15 handle, which, as you … Continue reading Tuesday 23rd October: US dollar index attempts to muscle through 96.00 thus weighing on counterpart currencies