Morning Insights 20th September

Instrument: EURUSDThe fibre continues to lose ground against the greenback as a series of positive economic data released from the United States dominated sentiment. The principal focus of participant...

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Simon Alagbe


Morning Insights 16th September

Instrument: GOLDsThe CPI data released on Wednesday has dominated sentiment and has weighed heavily on the precious metal. The instrument has provided mixed signals in the last few days with every bul...

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Simon Alagbe


Morning Insights 15th September

Instrument: NZDUSDThe greenback traded higher against the Kiwi in the session yesterday after the latest Consumer Price Index data raised doubts that tapering of assets will begin in 2021. The Federal...

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Simon Alagbe


Morning Insights 14th September

Instrument: AUDUSDThe pair closed bullish yesterday despite a late rally of the Greenback against the Aussie on a day with limited economic data releases. The Greenback is pressured this morning as tr...

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Simon Alagbe


Morning Insights 13th September

Instrument: OILSThe influence of Hurricane Ida led to a gap up on the commodity after the revelation that the hurricane had a larger impact on oil production much more than on refinery demand. The hur...

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Simon Alagbe


Morning Insights 8th September

Instrument: USDCHFThe pair tested the weekly high of 0.92040, a level last attained on the 19th of August. The gains recorded on the pair is linked to the 10-year benchmark yield rising to 1.37% despi...

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Simon Alagbe


Morning Insights 6th September

Instrument: EURGBPThe pair traded to the downside on Friday. The movement was necessitated by the failure of the pair to close outside the 0.85901 resistance zone but was firmly held by the 0.85606 su...

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Simon Alagbe


US Job Report: A round of good data?

All attention will be on the job report expected from the United States by 1:30 pm (GMT+1) today. The data will provide insight into the health of the US labour market, especially as the officials at ...

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Simon Alagbe


Morning Insights 1st September

Instrument: EURGBPThe pair is currently hovering around the 0.86000 psychological level and has been limited to narrow movement as the European session hots up. The Cable has been pressured recently b...

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Simon Alagbe


Morning Insights 31st August

Instrument: USDCADThe pair remained depressed around 2-weeks low because of the weakness in the dollar arising from the uncertainty over the next move of the Federal Reserve on the tapering of the sti...

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Simon Alagbe

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