Cable regained traction on Tuesday on renewed risk appetite and returned back above 1.15 handle, signaling that a shallow pullback from new multi-week high (1.1645) might be over. Quick changes in a view of Fed’s near-future actions, continues to move markets in opposite directions, as Monday’s optimism that the US central bank will stick to […]
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The market exuberance that erupted after the Nov. 5 election is still going strong, even if the some of biggest stocks seemed to lose a step or two. Nvidia (NVDA) reported great earnings on Wednesday, Read more…
EUR/USD’s decline from 1.1213 continued last week and accelerated to as low as 1.0330. There is no sign of bottoming yet and initial bias stays on the downside this week. Sustained trading below 1.0404 key Read more…