From now on we Elev8

We're more than just a broker. We're an all-in-one trading ecosystem—everything you need to analyse, trade, and grow is in one place. Ready to elevate your trading?

Start trading Discover Elev8 story
Trading news
12 Mar 2020

GBP Futures: Extra pullbacks likely

CME Group’s flash data for GBP futures markets showed investors added nearly 6.5K contracts to their open interest positions on Wednesday, clinching the third build in a row. Volume, too, went up, now by nearly 61.2K contracts, reversing the previous day’s drop.

GBP/USD now looks to 1.2700

Cable’s daily pullback on Wednesday was in tandem with increasing open interest and volume, leaving the scenario ripe for the continuation of the decline to, initially, the 200-day SMA in the 1.2700 neighbourhood.

Mar 12, 2020

EUR/USD: All eyes on the ECB decision

Speculations of some aggressive ECB easing seemed to weigh on the shared currency as Thursday’s key focus will be on the highly anticipated ECB moneta
Read more Previous
Mar 12, 2020

Germany’s IfW Kiel: Economy to shrink in 2020 due to coronavirus

According to the Kiel Institute for the World Economy (IfW Kiel), a private German think-tank, the German economy is likely to enter a recession due t
Read more Next