The Swedish Krona rallied after the Riksbank raised rates and upped the ante on hawkish rhetoric that also gave the Norwegian Krone a boost. Will EUR/SEK continue lower? Read More
EUR/USD resumes its ascent on risk-on sentiment following a brief correction, but bullish momentum could soon run out of steam as Europe’s economic outlook remains difficult. Read More
The Nasdaq 100 fails to hold onto early day gains and trades lower as uncertainty over the Fed’s policy outlook weighs on sentiment, preventing traders from taking too much risk. Read More
The DAX index gapped up at the open today after a very strong move in Asian equities. Siemens’ positive Q1 earnings leads the index further into overbought territory Read More
The UK is likely to avoid a technical recession this year, according to the NIESR, but with growth expected close to zero, it may be a close-run thing. Read More
The US Dollar reclaimed the ascendency overnight after the Federal Reserve got its message across loud and clear and the markets believed them this time. Where to for USD/JPY? Read More
The markets have downshifted this week with the lighter economic docket giving greater weight to the technical barriers that are prevalent across the benchmarks. Will the S&P 500 and Dollar be able to earn a break and traction before next week’s US CPI stirs the speculative waters again? Read More