January 13, 2016
Good morning everyone! Tuesday’s trading session was active and resulted in a downward pressure on commodities and sterling. A commodity in particular that took a hit in Tuesday’s trading session is gold. The reason for this could be various, including dollar’s strength, a weakness in the oil price and also possibly the easing of the… View Article
January 12, 2016
Sterling (GBPUSD) has been on a 3 consecutive months of sell-off (November till date). Prices started dropping as high as 1.550 which was the October/November high. Since them the currency has dropped below 1.45O level. In view of this development, a few factors can be attributed to this downward move on cable which broken the… View Article
January 12, 2016
Good morning! Yesterday provided little fundamental news however was still a very good trading day due to China’s situation and the current general uncertainty in the market. One of the most notable assets that took a hit was WTI oil; slumping to the price of $30.40, a place it hasn’t been at since 2003! With… View Article
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