We discuss the power of the completed pattern(s). We are looking for limited losses in GBP and therefore selling into rallies in EURGBP at higher levels.

Risk currencies are very mixed this morning.

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Editors’ Picks

EUR/USD accelerates slump, approaches 0.1300

The shared currency is among the weakest dollar’s rivals. EUR/USD trades around 1.1320 and is near its weekly low. Elsewhere, the greenback weakened after soft US employment-related figures and as stocks rallied.

EUR/USD News

GBP/USD holds above 1.3600 as dollar fails to capitalize on US data

GBP/USD tested 1.3600 earlier in the day but managed to stage a recovery in the early American session. The greenback is having a hard time gathering strength as investors assess the mixed macroeconomic data releases from the US.

GBP/USD News

Gold bulls looking for a re-test of November high at 1,877.15

Gold resumed its advance after a short-lived consolidative stage, reaching a fresh two-month high of $1,847.92 a troy ounce. The dollar came under renewed selling pressure after the US released mixed economic figures.

Gold News

Facebook and Instagram join the NFT mania

NFTs exploded in popularity in 2021, driving Meta to offer users the feature to create, display and sell digital collectibles and art on its social media platforms. Meta is developing the feature to enable the multi-billion userbase to delve into NFTs. 

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Are equities the markets' canary? Premium

Equities have had a difficult New Year. Interest rates are rising, growth is looking dicey and covid's grip on the global economy and market psychology is unflinching. Join our analysts for an examination of this most unsettled moment in the global economy.

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