
Currency snapshot (major pairs)
May 02, 2017 12:04 pm UTC| Commentary
Dollar index trading at 99.09 (-0.04%) Strength meter (today so far) Euro +0.02%, Franc +0.11%, Yen -0.31%, GBP +0.15% Strength meter (since last week) Euro +0.19%, Franc -0.02%, Yen -0.61%, GBP -0.21% EUR/USD...

US under Trump Series: Second quarter growth projected at 4.3 percent
May 02, 2017 11:22 am UTC| Commentary Economy
After data from Bureau of Economic Analysis (BEA) showed last week that the US economy expanded at a much slower pace than anticipated, the Atlanta Feds GDPNow model is projecting a growth of 4.3 percent annualized rate in...
Brexit Series: Soft Brexit is illusion, hard is reality
May 02, 2017 10:49 am UTC| Commentary
There can be no soft Brexit between the United Kingdom and the European Union and there should not be any illusion about it. Before the referendum even took place in June last year, we suggested that the risks from an exit...
UK gilts slump after reading higher-than-expected April manufacturing PMI
May 02, 2017 10:26 am UTC| Commentary Economy
The UK gilts slumped Friday after witnessing a higher-than-expected manufacturing PMI for the month of April. Also, the countrys construction PMI and services PMI, due to be released on May 3 and 4 respectively are also...
Global Geo-political Series: Trump might meet Kim Jong-un under right circumstances
May 02, 2017 09:52 am UTC| Commentary
The US President Donald Trump, in an interview with the Bloomberg, said that he would meet the North Korean leader Kim Jong-un and he would be honored to do so when the circumstances are right. He said in an Oval Office...

FxWirePro: Buy yen at dips targeting 101 per dollar
May 02, 2017 09:06 am UTC| Commentary
The Japanese yen which is considered as the top safe haven currency has overwhelmingly underperformed, since the first round of the French election. As the Front National leader Marine Le Pen failed to win the first round...
FxWirePro: What is next target for NASDAQ100?
May 02, 2017 08:29 am UTC| Commentary
The United States technology index, NASDAQ has been breaking into record highs for six consecutive days as better than expected earnings from technology companies in the first quarter of 2017, continue to pull investors to...