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...

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...

10 days down for stressed out Sterling

GBPUSD, GBPJPY, & UK100 Daily The fallout from (i) Mrs May resigning in June, (ii) the Brexit stalemate between the UK Government and the opposition...

Light relief for EURUSD short lived

EURUSD, H1 ECB's Weidmann plays down positive effect of tiered deposit rate. The Bundesbank President repeated again that the impact "from interest-rate tiering, as it's...

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