Trading Update
14-May-14, 8:58am:

Cable Rallies Ahead of Jobs Data



With 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.



Update by Craig Inglis, Head of Product Development,
14-May-14, 9:18am: A quick look at the key financial markets as the European session gets underway.



Update by
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?

Update by Gordon Childs, Editor,
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.



Update by Jasper Lawler, Market Analyst,