GBPUSD was 0.50% lower on Friday as the pair continues lower on Brexit deal gloom. Sterling was trading at 1.3230 after PM Boris Johnson said there was a "strong possibility" of a No Deal outcome.
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Crude oil was 0.35% higher on Thursday with WTI pushing the $46.00 resistance level. The price of oil could continue higher if risk markets stay strong into year-end.
EURGBP was higher on Thursday after Boris Johnson's dinner trip to Brussels provided little fruit. The Euro to GBP pair was up 0.75% at 0.9080 and the day ahead sees an ECB interest rate announcement.
The gold price has rallied strongly from the $1,800 level after US Dollar weakness continued. The precious metal is now testing the key $1,863 price and this will determine the next direction for gold.
USDZAR has tumbled this week to breach the 15.00 level as US dollar weakness persists. Better-than-expected GDP figures from the South African economy has boosted the Rand.
EURAUD is trading at 1.6330 after drifting lower for the last four days. The pair is consolidating but there is...
Crude oil is heading lower for a second day on Tuesday with a loss of 0.70% in early futures trading. The price of WTI crude is seeing a double top at $46.00 formation on the daily chart and could head lower.
EURGBP was trading at 0.9100 on Monday with a gain of 1% as negotiators kick off a tense day in the Brexit timeline. The day starts with a pre-dawn meeting with the 27 member countries to test the limits of a deal and there is also an ECB interest rate meeting on Thursday when the EU summit starts so a volatile week is in store for the euro pound rate.
The Dax index is trading higher on Monday as Euro strength versus the dollar fades. The German stock index is looking for a move higher above the current resistance to test the 13,800 February highs.
The EURGBP dipped yesterday but the pound is not out of the woods with Brexit at a "critical stage". The European Central Bank also meets next week to announce their latest decision on interest rates.
The Dax index is struggling to breach resistance at the 13,315 level as the Euro powers higher against the U.S. dollar. After breaking above yearly highs at 1.2000 on Tuesday, the euro is now trading at 1.2165 with no sign of letting up.
The gold price has rallied for a third-straight day as bullish traders try to get the uptrend back on track....