Guggenheim CurrencyShares British Pound ETF News

With the positives from easing lockdowns already in the price, it’s time to assess the damage done. Eyes are on the big reveal: US payrolls, where we expect a 21 million drop. Central banks in the U

Though earnings season is barreling along and some solid reports have come from solid companies like Amazon and Apple, analysts are concern that positive data is masking problems beneath the surface.

With the S&P 500 seemingly stalling at a 62% technical retracement of the Feb-Mar sell-off and the market conservatively only looking for a 20% fall in S&P 500 earnings this year, it looks as though i

Despite the sell off yesterday, global stocks posted their best month since 2011 in April thanks to a slowdown in coronavirus infections, optimism surrounding the gradual reopening of economies and ma

The ECB meets on the heels of the poor data. They are unlikely to have surprised officials. The question is, what else can the ECB do?

There is an ambiguous technical pattern on the EUR/USD currency pair. At the moment, the key support and resistance levels are 1.0845 and 1.0890, respectively.

The world’s largest economy contracted in -4.8% in what has been the most disastrous quarter since 2008. Analysts had anticipated a -4% slowdown in the US during the first quarter.

The dollar is lower across the board as dealers attribute the selling to month-end pressures ahead of the FOMC today and ECB tomorrow and long-holiday weekend for many.

Since the beginning of this week, trades on the EUR/USD currency pair are active enough. At the same time, there is no defined trend.

The lay of the land in the Forex terrain is not looking encouraging for the USD outlook in my book.

South Korea saw March industrial output jump 4.6% or more than three times more than economists expected. Italy, Spain, and France will report Q1 GDP estimates

The US dollar traded sharply lower ahead of Wednesday’s first-quarter GDP report and Federal Reserve monetary policy announcement.

The dollar is trading lower against all of the major currencies. Emerging market currencies are mostly firmer and the JP Morgan Emerging Market Currency Index i

The implied volatility in equities and FX has eased slightly in the past two weeks with the VIX trading at its lowest level since early March. There are importa

There is an ambiguous technical pattern on the EUR/USD currency pair. Quotes are currently consolidating. The local support and resistance levels are 1.0810-1.0835.