The currency pair EUR/USD is heading up. The asset is gradually approaching critical resistance at the psychological level of 1.1000. The asset’s price is likely to pull from this level soon. Time will tell when it might happen. Gold has pulled from the upper boundary of the range. The asset is heading down, targeting the […]
Fed in Focus Traders are bracing for the headline event of the week today with the March FOMC on deck later. Over the week ahead of the meeting expectations head been evenly split between a .25% hike and an unchanged decision. However, over the last 24 hours market has swung in favour of expecting a […]
GBP Spikes on Inflation Jump GBP has soared into pole position across the G10 FX space over the European morning on Wednesday. The latest UK inflation data released today highlighted an unexpected uptick in consumer prices last month which has fed into hawkish expectations ahead of the BOE tomorrow. Prior to the data, traders had […]