Michel Barnier is taking sterling for a ride this morning, with the regular flow of commentary highlighting the sensitivity of traders to Brexit deal prospects. Early in the day, sterling soared on reports that Barnier views a deal as possible this ...

OANDA Senior Market Analyst Craig Erlam joins the Investing Channel to discuss the ongoing decline in EURUSD.

Markets calm ahead of US data It’s been another mixed start to trading in Europe on Tuesday, while US futures are marginally higher as we await a raft of data from the US this week. Traders are seemingly a little more relaxed about the current ...

Markets bounce on political developments It promised to be an eventful week in Parliament and that’s exactly how it’s playing out and so far, the pound is the winner. Sterling has been battered in recent months as no-deal Brexit odds have soared and ...

Is there anything to be learned from BoE on Thursday? The Bank of England’s “not-so-Super Thursday” has gone completely under the radar this week, having been completely overshadowed by other seemingly far more important events but traders will ...

Is the ECB looking to steal the spotlight this week? The ECB meeting on Thursday has just got a lot more interesting, with markets pricing in a high probability of a rate cut despite a previously widely held belief that it won’t come until ...

The dollar is continuing to enjoy a post-jobs report bounce today, up around 0.2%, as Fed interest rate cuts continue to dominate investors' mindsets. With global economic prospects increasingly in doubt as we head into another important earnings ...

Gold hovers above $1,400 We've seen some profit taking in gold over the last couple of days, following hints from various Fed officials that market expectations for rate cuts are a little over the top. These warnings haven't exactly fallen on deaf ...

Can oil continue to rally? Prior to the latest eruption in the crypto space, Brent crude (oil) was looking like the volatile player in the market but these moves pale in comparison. Oil prices have sprung back to life over the last couple of weeks, ...

No stopping Gold it seems Gold is flying once again as it looks to extend its winning streak to six days and build on the almost 7% gains it’s made in that time. All you have to do is look at a US dollar chart to see what the trigger for the surge ...

Commodity markets keeping us entertained We may be in pause mode when it comes to stock markets, after they hit new records last week but thankfully, commodity markets are providing plenty of interest. The oil rally has stalled a little, with Brent ...

The number of MPs vying for Conservative leaders - and therefore UK Prime Minister - has already shrunk considerably ahead of last night’s debate, although there is one more than it appeared after Boris Johnson decided, as frontrunner, it wasn't in ...

Gold eyes prior peak after brief correction Gold is continuing to edge higher today, supported to an extent by the weaker dollar, not that it held the yellow metal back much yesterday. It found strong support around $1,320 earlier this week and has ...

Oil spikes on reports of tanker explosions Oil prices have spiked on Thursday following reports of tankers being attacked in the Gulf of Oman, off the coast of Iran. This comes a month after allegations of sabotage in the same region, which was ...

Oil sinks ahead of EIA inventory data Another large inventory build, reported by API on Tuesday, is piling further pressure on oil prices, as we await a more widely followed release from EIA later today. Estimates suggest we may see a slight ...

The oil price rebound may have already run into a little snag, with Brent running into some resistance around $64.50 on Monday. The rebound in recent sessions had been attributed to the US/Mexico deal on the border to avoid tariffs, improved overall ...

Gold bulls face first test We’re seeing some more profit taking in gold on Tuesday, with the rebound in the dollar and stronger risk appetite likely contributing to the declines. Gold failed to break above $1,350 on this occasion, or hold above the ...

Inventory data weighs heavily on crude prices Crude prices have also been given some reprieve over the last few days, albeit to a lesser extent, with a large inventory build once again weighing on Wednesday. Safe to say, the 6.8 million barrel ...

Gold looking soft but could still be a bullish case The dollar is once again being favoured during the escalation of the trade spat, as yields on US Treasuries continue to head lower. Whether this is a sign of Treasuries being the preferred safe ...

Markets reverse Monday’s gains in early trade European markets got the week off to a strong start but gains have already been reversed in early trade Tuesday. Wall Street is following suit after the long bank holiday weekend in the US and UK, eyeing ...