GBPJPY: new price record

  After three months from its maximum price level of 175.364 dated 2014.07.03, the Pound-Yen currency pair took out the resistance decisively and reach its new maximum of the year (actually it is the highest level since 2008.10.05) equal to 180.865. After more than a year of parallel movements with the GBPJPY that fluctuated in

Read More


Categories: Forex

Better together…till the end?

On Friday 5th September, the GBPUSD closed at $1.63 approximately and reopen at $1.615 with a big gap equal to 160 pips on the back of a pool favouring Scottish independence. As we can see from the chart, the currency pair has been affected by the recent upcoming event related to a potential separation of

Read More


Categories: Blog

European Central Bank confirms ABS program following the recent rate cuts to new lows

Are passed just three months since the historical stimulus for the euro area has been announced. Now, from September 10, the rate on the main refinancing operation reached a new low of 0.05 percent. The euro fell by over 1 percent against the dollar to under $1.30 after the rate announcement. Also the ECB did

Read More


Categories: Blog

XAU/USD: $1,245 support broken

The price of gold broke the support of $1,245 during the Asian session last week and the price per ounce touched its minimum of $1,225, the metal’s lowest level since January. However the price rose a bit and now is stable on $1,233. The reason behind this short recovery can be attached to the last

Read More


Categories: Blog

Scottish independence: what can change in our life (and in our wallet)

In the recent months the Scotland’s separation from the U.K. represents a scenario that has begun to gain ground and can have enormous consequences for both countries. Growing uncertainty is surrounding the currency, taxation and financial stability, in addition thousands of millions of pound are moving south as polls narrow ahead of the independence vote

Read More


Categories: Blog