UK in Shambles as Pound Falls

Cable pair traders experienced a week of chaos that resulted in a massive pound selloff. Robust US employment data rounded off a forgettable week for the pound that weaker-than-expected Services…

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EURUSD Plagued by Selling Interest on Non-Farm Payroll Release

The battle against inflation seems far from over. With a resilient US job market firmly in place, consumer spending will likely remain too high for the Federal Reserve (Fed) not…

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Tech Earnings Weigh on Nasdaq 100 Futures Amidst Fed Rate Hike Boost

Bullish momentum in the Nasdaq 100 futures (CME: NQ) stalled after the release of lower-than-expected tech earnings. Tech giants Apple and Google reported lower-than-expected revenues and earnings, while Amazon missed…

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Dow Jones Stumbles in US Equity Futures Rally

The Nasdaq and S&P500 rallied up in Thursday trading, bolstered by lucrative earnings from Meta and the Fed signalling that rate hikes may subside. The Dow Jones failed to follow…

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EURUSD Bulls Out to Play

EURUSD was met with strong bullish momentum after the Fed Rate Hike Decision and is likely to continue its run after the European Central Bank's (ECB) rate decision. The ECB…

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Rate Hike Not Enough To Fight Off Pound Sterling Bears

The Bank of England announced today a 50bps interest rate hike to 4% and gave consumers hope that it could be the last in the painful battle against inflation. A…

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