Fundamental Analysis

The little data we do have today comes from the US. The preliminary Q1 economic growth data is expected to show a rise to a quarterly 0.9% growth rate; up from Q4. If that is so, the US Dollar will st...
Fundamental Analysis

Oil has been one of the standout performers throughout May as traders banked on an extension to the deal between a number of OPEC and non-OPEC producers that came into effect earlier this year. The de...
Fundamental Analysis

The euro has been drifting this week, and continues to stay close to the 1.12 level. Currently, EUR/USD is trading at 1.1220. For a second straight day, there are no releases in the eurozone. It’s a...
Fundamental Analysis

As the week draws to a close, risk appetite appears to be drying up, not helped of course by recent moves in oil which is dragging on global benchmarks. Oil has been one of the standout performers thr...