Trading Update |
14-May-14, 8:58am: Cable Rallies Ahead of Jobs DataWith key UK unemployment data set to come this morning, GBP/USD is close to posting a bullish engulfing pattern and targetting $1.6923. The dollar is also seeing some weakness against the euro and the yen, with stocks continuing to press the highs. |
14-May-14, 9:18am: A quick look at the key financial markets as the European session gets underway. |
14-May-14, 12:28pm: This analysis video considers the outlook for the euro following recent comments from the ECB. Will the Euro See Further Losses on ECB Easing Hopes? |
14-May-14, 5:17pm: Will USDA Report Weigh on Corn Prices?Corn has seen a rally of 25% so far this year as cold weather in the US has delayed planting and concerns have risen over disruption to Ukrainian exports. However, the long-term trendline remains to the downside as global supply continues to rise and the latest US Department of Agriculture report may encourage a reversal of the recent gains. |