Monthly Archives: June 2018

Technical Outlook – EURGBP Battling Confluence of Resistance

EURGBP has traded in a narrow range over the last month, held in check by Brexit and today¬ís ECB policy meeting. The recent Brexit votes, on the House of Lords EU Withdrawal bill amendments, went the way of the UK government but the future EU-UK relationship remains unclear and is likely to weigh on…

Dollar slips as bond markets question the hawkish Fed move

The FOMC decision to increase its Fed Funds target range by 25 basis points last night has resulted in markets whipping around. The Fed hike came with some hawkish tweaks to the dot plots and economic projections, however as the dust settles, the US bond traders have not been convinced and the…

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