PM Johnson, Pound and the UK100

UK100, Daily Another UK Conservative Prime Minister has fallen over the travails of the European Question. Brexit is a much bigger issue than any of...

Retail Sales supports Sterling, at least for today

GBPUSD, H1 The cooling of the bid underpinning the USD, which started yesterday following the weak PMI data, has continued overnight and into the European...

Claims & Crude Oil keeps the USDCAD bid

USDCAD, H1 US initial jobless claims slipped 1k to 211k in the week ended May 18 after dropping 16k to 212k in the May 11...

OIL: The downside bias dominates

USOIL crude prices are down 1.6% at $60. A low was printed earlier at $59.78, which is 22 cents shy of the low recorded...

Draghi’s “risk sharing” speech lifts EUR

EURUSD, H1 ECB's Draghi promotes drive for more risk sharing. With Italy jitters driving out spreads once again, the issue of Eurobonds, now under the...

News combines to give Cable brief respite

GBPUSD, H1  US existing home sales slipped 0.4% to 5.190 mln in April, disappointing expectations for a strong rebound following the 4.9% drop to a...

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