GBPJPY testing pattern base

Market News & Analysis Looking at the GBPJPY daily chart we can see that price has returned to the base of its longer-term descending triangle pattern. The base of this patter has held since February. While price remains above the base we would be looking for...

U.S. GDP drives shares to new records, oil slumps

Market News & Analysis High-impact economic news:18:10 BOE Gov Carney Speaks  A U.S. GDP surprise lifted the Nasdaq and S&P500 to new record closes on Friday. U.S. GDP came in at 3.2% smashing the 2.2% that the market had been expecting.  “The economic...

Jobs data sparks mixed reaction with the Aussie

Market News & Analysis High-impact economic news: 17:15 EUR French Flash Services PMI 17:15 EUR French Flash Manufacturing PMI 17:30 EUR German Flash Manufacturing PMI 17:30 EUR German Flash Services PMI 18:30 GBP Retail Sales m/m 22:30 CAD Core Retail Sales m/m...

Turbulent trading for Aussie after China rebound

Market News & Analysis High-impact economic news: 11:30 AUD Employment Change 11:30 AUD Unemployment Rate 17:15 EUR French Flash Services PMI 17:15 EUR French Flash Manufacturing PMI 17:30 EUR German Flash Manufacturing PMI 17:30 EUR German Flash Services PMI...