Price is approaching our resistance in line with our descending trend line where we could see a reversal below this level.

Price is approaching our resistance in line with our descending trend line where we could see a reversal below this level.

There will be no Brexit talk deadline today, a relief for sterling bulls, but a situation that merely extends the uncertainty. Elsewhere, the RBA November 3 meeting is likely shaping up for a new easing push from Lowe and company as their overnight musings on longer term QE took the...

RBA Lowe's dovish speech had AUDUSD break out of the technical triangle formation, which now opens for a move lower in spot. Volatility is just marginally higher on the break and we good opportunity to pick up some AUD put options.Saxo Bank publishes two weekly FX Options Market Update reports...

The US equity markets saw a fresh slide yesterday, and the last two sessions of declines, together with a slide in the futures overnight, have now wiped away all of the steep rally from Monday in the S&P500 index. Sentiment may be weakening on fading US stimulus hopes. Elsewhere, sterling...

We discuss the Aussie September labour force data and the case for continued easing from the RBAThe Employment Data The September labour market data delivered a slight beat on economists’ estimates, despite the small beat, unemployment measures edged higher in September. The unemployment rate climbed slightly to 6.9%, from 6.8%...

Italian and Greek sovereigns are outperforming their peers. We believe that as the ECB intensifies its accommodative measures, European government bonds will continue to benefit with long-term Italian BTPs gaining the most. The 10-year spread between BTP and the Bund will most likely fall below 90bps, while the 30-year BTP-Bund...

LTC bounced off 49.57 where it could potentially rise further to 55.77 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks

LTC bounced off 49.57 where it could potentially rise further to 55.77 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks

The US dollar and Japanese yen surged yesterday, on possible sudden safe haven seeking within G10 on the recognition that the short-term two-way risks for sterling are significant ahead of the Brexit negotiation deadline tomorrow. GBPUSD plunged back below 1.3000 but depending on how headlines shape up tomorrow on the...