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The S&P 500 SPX gained 18.78 points, or 0.58%, to 3,276.08. Nasdaq added 25.76 points, or 0.24%, to 10,706.13. Dow Jones Industrial Average DJI rose 165.26 points, or 0.62%, to 27,005.66. US benchmarks ended the session higher on Wednesday and in the case of the S&P 500, it is on course to

Sustained USD selling bias assisted GBP/USD to build on last week’s strong positive move. The positive momentum seemed rather unaffected by renewed fears of a no-deal Brexit. Investors now look forward to the US Durable Goods Orders data for some trading impetus. The GBP/USD pair built on last week

EUR/JPY is trading at daily lows, below the 123.20 level, after having faced rejection at 124.24 on Thursday. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, has exited the pair long positions as she expects a move lower to the 20-DMA at 121.91 and even a test of the 121.55 u

The Bloomberg Market’s Live team published a piece on the Market’s Live blog making a case for Quantitative Easing continuing indefinitely. The thinking is that the world’s major banks are not buying debt quickly enough still leaving ~$1 trillion of new sovereign bonds for buyers in the months ahead