Instrument: EURGBPThe Cable continued its recent gains against the common currency, buoyed by the expectations that the Bank of England may lead the line as the first Major Central Bank to increase in...
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Simon Alagbe
The monthly job report from the United States is very significant, especially the Non-farm payrolls, because of its impact on the policy of the Federal Reserve. The Chair of the Federal Reserve at the...
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Simon Alagbe
Instrument: EURGBPThe bearish momentum on the pair continued in yesterday’s session, seeing the pair trading to the support region around the 0.85 price levels. The energy crisis across the UK and t...
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Simon Alagbe
Instrument: AUDUSDThe Aussie continues its recent gains against the Greenback in Yesterday's session ahead of key employment data scheduled for release this week. The Greenback has enjoyed relative st...
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Simon Alagbe
Instrument: EURAUDThe pair rebounded from the 1.5976 support zone in the early session on Friday before surrendering all of the gains after the release of weaker than expected German Final Manufacturi...
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Simon Alagbe
Instrument: EURUSDThe pair is hovering around a level not seen since October 2020, after the buck gained traction because of the mounting expectations that the Federal Reserve will taper stimulus from...
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Simon Alagbe
Instrument: GOLDsThe yellow metal ended the week bearish but recovered some lost ground on Friday as investors fret about the debt situation of the Chinese Evergrande Group and its effect on the globa...
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Simon Alagbe
Instrument: USDCADThe pair closed lower in the session yesterday buoyed by the gains recorded in prices of crude oil (Canada Major export product). The decline in the U.S. Treasury yield and weaker th...
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Simon Alagbe
Federal Open Market Committee (FOMC) is not expected to announce any major policy change at the end of their two days meeting later today but the Fed could send some signals which could jitter the mar...
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Simon Alagbe
Instrument: EURCHFThe pair broke got rejected around the 1.09314 resistance zone before breaking through two previous support zones around the 1.09052 and the 1.08708 levels and is expected to surge s...
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Simon Alagbe
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Adefuwa Ayodele