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


Morning Insights 30th August

Instrument: EURUSDThe greenback lost ground against the common currency in the session on Friday after the dovish statement of the Federal Reserve chair, Jerome Powell at the recently concluded Jackso...

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Simon Alagbe


Morning Insights 20th August

Instrument: EURUSDThe tone on the Greenback has been positive after the Federal Reserve hint they will cut back on the stimulus package necessitated by the pandemic. The general market condition remai...

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Simon Alagbe


Morning Insights 18th August

Instrument: EURGBPThe common currency gained ground against the Queen's currency in yesterday's session buoyed by positive job data from the Eurozone. The GDP of the Eurozone grew at 2% after two succ...

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Simon Alagbe


Morning Insights 17th August

Instrument: GOLDs (XAU/USD)The safe-haven metal is advancing on the back of concerns over regulation of China's internet sector and the recent surge in the number of infections of the delta variant of...

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Simon Alagbe


Morning Insights 16th August

Instrument: GOLDs (XAU/USD)The safe-haven metal was helped by weak US consumer confidence data released on Friday, leading to a weakness in the dollar. The Greenback still appeared weak in the session...

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Simon Alagbe

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