Author: Mike Paterson

Mike Paterson’s Daily Forex Brief It’s been Euro strength all the way in January and there seems no end to that just yet as month-end approaches. True, EURUSD has still to break up through key resistance at 1.3500...

Mike Paterson’s Daily Forex Brief We’ve seen further weakening of the Pound after the dismal first reading of the Q4 GDP data on Friday and, as per printed programme, traders have duly sold GBP across the board once...

Mike Paterson’s Daily Forex Brief After the consolidation came another attack on the Pound ahead of today’s first reading of the key Q4 GDP but with expectations ranging from –0.5 to +0.2 the market awaits with...

Mike Paterson’s Daily Forex Brief We’ve seen little in the way of any major moves in the past 24 hours as traders consolidate recent trading activity waiting for more clues but decent Chinese Manufacturing PMI data...

Paterson’s Daily Forex Brief Little to report from the last 24 hours after the Euro wobble that I reported turned out to be a damp squib based on false rumours that Bundesbank chief Weidemann was going to step down. The...