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British Pound Climbs on Hopes of Brexit Deal

October 15, 2020 in /by

Dear traders, It has been a rocky trading day Wednesday with the euro and cable finding a short-term support before they managed to recover some lost ground against the U.S. dollar. The British pound climbed as investors awaited more news on Brexit negotiations. The U.K. and EU consider the end of October or first days […]

U.S. Inflation data In Focus

October 13, 2020 in /by

Dear traders, Monday’s trading was quiet with the U.S. dollar slightly appreciating versus its peers but without any profitable trading chances. Volatility was also muted due to a public holiday in the U.S. Monday, so let’s see what Tuesday brings. We will keep an eye on the U.S. inflation rate release today at 12:30 UTC. […]

Maternity Leave

August 27, 2018 in /by

MaiMarFX’s Chief Currency Strategist Maite Krausse gave birth to a son. While she is on maternity leave there will be no signal service. Daily analysis and signals will be paused until the end of the period of maternity leave.  

Dollar Slips On Trump Comments

August 21, 2018 in /by

Dear Traders, Despite a relatively quiet start to the new week, buyers in both EUR/USD and GBP/USD were able to book some profit. During the Asian session we saw the U.S. dollar extending its slide against its major peers after comments from U.S. President Donald Trump who said that he was “not thrilled” with Federal […]

Summer Trading Break/ Maternity Leave 2018

July 27, 2018 in /by

Dear Traders, We leave for summer holiday until 20/08/2018. During the summer break we will not provide our daily signal service nor process any e-mails. Announcement: Shortly after the summer break our Chief Currency Strategist will commence her maternity leave, which is why daily analysis and signals will be paused until the end of her […]

ECB Meeting Unlikely To Move Euro Exchange Rate

July 26, 2018 in /by

Dear Traders, It’s decision day at the European Central Bank today but whether this event risk carries much weight will depend on ECB President Mario Draghi’s comments at the ECB press conference. Traders are looking for hints on when interest rates will begin to rise but ECB policy makers suggested earlier that a rate hike […]

GBP/USD Holds Above 1.30

July 19, 2018 in /by

Dear Traders, Sellers in the GBP/USD remained in control after the U.K. CPI fell short of expectations. The soft inflation report is making a BoE rate hike next month less likely than previously expected. The pound tested the 1.3010-mark but was later able to stabilize above 1.3050. Higher resistances could now come in at 1.3150 […]

Can U.K. Inflation Numbers Finally Lift The Pound?

July 18, 2018 in /by

Dear Traders, The biggest story in the market was the sharp drop of the British pound as sellers have shown-up in the GBP/USD following hawkish comments from Fed Chair Jerome Powell. With the U.S. economy remaining in good shape despite recent worries about trade tensions, the FOMC believes that “the best way forward is to […]

GBP/USD: Time For Bullish Breakout?

July 17, 2018 in /by

Dear Traders, The euro proved unable to significantly overcome the 1.1720-hurdle, at least for now. Thus, there was nothing to gain for euro bulls at the beginning of this week. The British pound reversed shy off 1.33 and consolidated between 1.3250 – 1.3215. We may see more volatile movements today with U.K. employment numbers scheduled […]