Heading into Monday’s London trading session, the appetite for Euro and Britsh Pound longs is growing. The Euro has surged to 1.0684 while Pound has created some distance to the upside and is trading at 1.2585.   Gold and Silver both surged shortly after the market opened this week with Gold trading a $1,864 per […]

Entering the trading week, traders remain on edge about the lingering impact of continued stubbornly high inflation particularly out of the United States. The inflation reading last week shows that inflation has yet to temper, although to be fair the recent Federal Reserve Bank rate hike of 50 basis points will take some time to […]

The strong inflation report out of the United States earlier in the week is proving to still have ripple effects in the market. As we touched upon in a recent blog post, EUR/USD has started to make a break downward after a long streak of consolidation in the 1.0500 to 1.0600 range. Currently it is […]