
FxWirePro: Energized pound tests key resistance; further rise likely
Feb 26, 2019 11:40 am UTC| Commentary
The pound is the strongest today and this week, as positive Brexit news has energized the bulls. Reports have come out suggesting that Prime Minister Theresa May and her cabinet considering a proposal that would...
U.S. Treasuries rise ahead of Fed Chair Powell’s testimony, 7-year note auction
Feb 26, 2019 11:40 am UTC| Commentary Economy
The U.S. Treasuries rose during late European session Tuesday as investors wait to watch Federal Reserve Chairman Jerome Powells scheduled testimony on the economic outlook and recent monetary policy actions before the...

FxWirePro: ECB likely to push euro lower with dovish rhetoric
Feb 26, 2019 10:54 am UTC| Commentary Central Banks
Lower euro makes sense for Eurozone and we expect the European Central Bank (ECB) to act on it. At this point, a weaker euro against USD and the majority of its trading counterparts seem more sensible, as Eurozones...
FxWirePro: Oil price trapped between OPEC’ put and Trump’s call
Feb 26, 2019 09:19 am UTC| Commentary
Oil would very likely to continue its struggle as it remains trapped between OPECs floor and Trumps ceiling. To avoid lower oil price OPEC and non-OPEC countries led by Russia agreed to reduce production beginning...
German bunds flat ahead of 10-year auction, February consumer price inflation
Feb 26, 2019 08:51 am UTC| Commentary Economy
The German bunds remained flat during European session Tuesday ahead of the countrys 10-year auction, scheduled to be held on February 27 by 10:40GMT. Also the countrys consumer price inflation (CPI) data for the month of...
FxWirePro: India’s military strike along Pakistan border makes local market very volatile
Feb 26, 2019 07:26 am UTC| Commentary
The very possibility of an escalation to a full-blown along the border triggering massive volatility in Indian markets, after an early morning strike along the line of control in the disputed region of Kashmir. What...
JGBs remain mixed in muted trading session amid hopes of positive U.S.-China trade agreement
Feb 26, 2019 06:23 am UTC| Commentary Economy
The Japanese government bonds remained tad lower at the end of Asian session Tuesday, as investors remained side-lined in a muted trading session that witnessed data of little economic significance amid growing hopes of a...