Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Cable takes another peek above 1.3700
Cable takes another peek above 1.3700

World shares gained on Wednesday on bets of hefty US spending after US Treasury Secretary nominee Janet Yellen urged lawmakers to "act big" to save the economy and worry about the debt later.

Risk-on momentum remains strong
Risk-on momentum remains strong

Asian equity markets were mostly positive as the region partially sustained the momentum from the tech-led gains on Wall Street.

EUR/USD bulls target again 1.24 area
EUR/USD bulls target again 1.24 area

U.S. stocks are set to reopen higher after the Martin Luther King Day holiday on Monday, with Yellen’s remarks a welcome reminder of the momentum behind economic stimulus measures.

Dollar stretches gains on the session
Dollar stretches gains on the session

Global stocks were mostly lower on Monday, following the weakness on Wall Street on Friday that stemmed from the weaker-than-expected retail sales report for December.

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