GBP futures: extra consolidation likely

Advanced figures for GBP futures markets from CME Group noted investors added more than 1K contracts to their open interest positions on Tuesday, while volume extended the choppy performance, rising by around 41.2K contracts.

GBP/USD cautious ahead of Brexit deadline

Cable inconclusive session on Tuesday was on the back of rising both open interest and volume, opening the door for extra consolidation in the near term. That said, the 200-day SMA around 1.2970 is still expected to contain any selling attempt.

Apr 10, 2019

ECB: Risks to the policy remain skewed towards additional easing - Rabobank

Analysts at Rabobank suggest that today we have the ECB meeting but, the meeting itself will not be interesting. Key Quotes “The ECB already gave away

Asian stocks struggle as investors remain cautious ahead of key data/events

Asian markets remained sluggish during early Wednesday as global investors remained on sidelines ahead of the key data/events.