London Session Recap: GBP Boosted By Services PMI Beat, Comdolls Crushed
The pound jumped higher across the board after the U.K.’s services PMI exceeded expectations. The comdolls, meanwhile, were in a race to the bottom.
Read MoreThe pound jumped higher across the board after the U.K.’s services PMI exceeded expectations. The comdolls, meanwhile, were in a race to the bottom.
Read MoreMarket price action was as tight as Big Pippin’s post-barbeque party pants, as traders price in a cocktail mix of economic themes.
Read MoreThere wasn’t much on the economic docket for the New York session but the dollar managed to recover even as risk appetite stayed in play.
Read MoreThe risk-on vibes, commodities rally, and Greenback weakness allowed the higher-yielding Aussie and Kiwi to rake in even more gains during the morning London.
Read MoreThe Greenback is the second worst-performing currency of the week (as of 5:00 pm GMT). But why did the Greenback turn in a poor performance this week?
Read MoreIt was 0-3 for the Loonie last week as it clocked in its third losing week. Let’s see if Canada’s top-tier releases change the tides for the comdoll!
Read MoreRisk-taking was the name of the game during the Asian session, as traders caught up to the post-NFP party and priced in a few upbeat releases.
Read MoreStronger than expected manufacturing PMI helped lift the pound’s spirits last week, but can the rest of the PMI readings follow suit?
Read MorePolitical developments in the euro zone allowed the shared currency to recover last week, but can this positive sentiment last?
Read MorePolitical developments in the euro zone and overall risk-taking pushed the yen around last week. Will the low-yielding currency dictate its price direction this week?
Read MoreA speculator’s advantage is choosing when to bet. Get out if the conditions are not right. Always put money on the winners.Larry Hite