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London Market Open – June 8th, 2022

Posted on 10:36 am by Welcome Khoza

In overnight trading the surge in USD/JPY continue as it surged yet another 100+ pips up to current levels near 133.80. Extreme yen weakness really is the theme of 2022 thusfar. GDP figures were released from Japan and came in…

London Market Open – June 7th, 2022

Posted on 9:33 am by Welcome Khoza

Bitcoin's Monday rally above $31,000 was short lived as the price action has once again plummeted below $30,000 (currently trading at $29,500). USD/JPY continued its rally overnight and is currently trading at 132.65. Medium term targets by end of…

London Market Open – June 6th, 2022

Posted on 9:26 am by Andy

Early in Monday's London trading session the British Pound saw a bit of a pop on the same day when Boris Johnson faces a no confidence vote from within his own party. GBP/USD was trading at 1.2567 (up roughly 70…

London Market Open – June 3rd, 2022

Posted on 9:39 am by Andy

Heading into Friday's London session, the price of WTI Crude Oil was a little choppy the morning after OPEC agreed to increase output of Oil by 648,000 barrels per day starting in July. This was just the reprieve the energy…