[adrotate group=”3″] The EURGBP was lower by 0.40% in early trading on Thursday as the U.K. and European Union looked...
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Kevin George has over twelve years' experience in financial markets trading, which included stints in London and New York, trading equities and currencies. He has also traded in commodities, equities, futures and options. He has extensive technical-experience and combines this with a fundamental overview.
He has published for SeekingAlpha, where he runs his own subscriber newsletter and graduated with an MSc in finance in 2017.
[adrotate group=”3″] The USDZAR is down 0.50% on Wednesday as the South African Rand bounces back from an early-week dollar...
[adrotate group=”3″] Crude oil was pointing lower for a second day after the commodity looked set to test the $50.00...
The gold price was higher by $13 (0.7%) on Monday as further virus fears compounded the long-awaited U.S. stimulus deal. The stimulus deal has weighed on the U.S. dollar but the greenback is seeing some strength from safe-haven demand over the rise of a new strain of virus in the U.K.
The Dax index is 0.34% higher on the day as stock indices see continued momentum. The German blue-chip index is trading at 13,712 with the February pre-virus highs at 13,800.
Crude oil was trading higher at $48.40 and is heading for the $50.00 level. Prices were boosted by the latest EIA inventories which showed a stockpile draw.
[adrotate group=”3″] The Dax index was higher by 1.25% in early trading on Thursday after the U.K. and European Union...
[adrotate group=”3″] The EURGBP was trading lower on Wednesday as sterling gains on hopes of a Brexit deal. An agreement...
[adrotate group=”3″] GBPAUD was higher on Tuesday despite the U.K. currency facing a multitude of risks. Traders are likely pricing...
The EURGBP rate was 1.55% higher after further drama over the virus saw London and the rest of the U.K. move into strict lockdown. The situation worsened as European countries banned travel between Britain and a Brexit deal is still not agreed.
GBPAUD was pointing lower for a second day as the pair's rally on hopes of a Brexit deal starts to fade once more. U.K. negotiators have criticized the EU for making unreasonable demands over fishing rights in British waters.
GBPJPY was trading higher on Thursday as Brexit talks come down to fishing rights. The pair is also benefiting from a continued rise in stock markets which is lowering the desire for safe havens like the Yen.