Fundamental Analysis

It is still the case that GDP growth moderated in Q1, but slightly less than previously reported and with the composition still arguing that the slowdown was more a result of quarterly volatility than...
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...
Fundamental Analysis

European equity markets are expected to open a little softer on Friday, weighed down a little by losses in oil which plunged on Thursday after oil producers delivered the bare minimum cut that markets...
Fundamental Analysis

The pair is expected to find support at 0.7398, and a fall through could take it to the next support level of 0.7364. The pair is expected to find its first resistance at 0.7491, and a rise through co...
Fundamental Analysis

The pair is expected to find support at 1.1173, and a fall through could take it to the next support level of 1.1147. The pair is expected to find its first resistance at 1.1238, and a rise through co...