By Lukman Otunuga, Research Analyst at FXTM The lingering impact of Governor Mark Carney’s inability to provide a concise timeframe on a UK rate rise has punished the Sterling this week as
By Lukman Otunuga, Research Analyst, FXTM Investor focus shifted away from the economic calendar on Tuesday with attention diverted towards the growing diplomatic crisis after a Russian jet was downed by Turkey
The risks faced by developers of new electricity interconnectors in Europe, generally the national Transmission System Operators (TSOs), vary according to the specific features of the projects but are, in general, well
By Lukman Otunuga, Research Analyst, FXTM Dollar bulls received some stability following Tuesday’s firm US Q3 GDP announcement of 2.1% which intensified the growing expectations of a US interest rate increase in
By Lukman Otunuga, Research Analyst, FXTM The strengthening divergence in both monetary policy between the United States and Europe has encouraged sellers to continually harass the EURUSD, sending prices to fresh 7-month
By Lukman Otunuga, Research Analyst, FXTM The resumption in optimism that the Federal Reserve might finally begin raising US interest rates in December has encouraged devoted bullish investors to reinvest in the
Moody’s Investors Service has maintained its stable outlook on the Saudi Arabian banking system, reflecting the rating agency’s expectation that in the context of persistently low oil prices, banks’ profitability and capital
By Lukman Otunuga, Research Analyst, FXTM The EURUSD has surrendered its gains from Thursday after the euro bears were provided with encouragement following Mario Draghi repeating his dovish view on the Eurozone
By Lukman Otunuga, Research Analyst, FXTM The increased confidence investors acquired from the FOMC minutes regarding the high possibility of a US rate rise in December has led to investors unwinding their
By Lukman Otunuga, Research Analyst, FXTM The Dollar acquired some stability following a firm US CPI of 0.2% in October which supported the growing expectations that the Federal Reserve may raise rates
