EUR/GBP - Euro to Pound

The outlook for monetary policies of central banks around the world were one of the main driving factors for the Forex market during the previous week. But while the outlook for Bank of England monetary policy became more hawkish, it was not enough to support the Great Britain pound. Several BoE members made hawkish remarks over the week, leading to speculations that the central bank is going to raise interest rates in the foreseeable future. … Continue reading Hawkish Monetary Policy Outlook Doesn’t Help Sterling

Crude Oil’s slump may be causing tentative sentiment on the global equity markets. However, the NASDAQ was able to gain on Wednesday as investors may have been buying a market they felt was oversold last week. Weekly Unemployment Claims will come from the States today. Investors Pursue NASDAQ Wall Street saw the Dow Jones Industrials … Continue reading Crude Oil Slump Maybe Making Global Investors Tentative

Wall Street was not able to sustain its heavy buying on Tuesday as the three major Indexes declined moderately. Today Existing Home Sales numbers will come from the States. The Pound has also attracted attention as it has lost value. And Crude Oil’s supply concerns continue to fuel a decline. Wall Street Touches Brakes – Fed … Continue reading Equities Turn Cautious After Speculative Fever Lessens

Wall Street reminded global investors that last week’s cautious results did not mean it had run out of momentum. The three major Indexes in the U.S powered higher on Monday and the Dow Jones Industrials will open trading above the important mark of 21,500 today. Current Account data will be released in the U.S later. … Continue reading Wall Street Reminds Global Investors it is Still Strong