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US VP Pence to postpone policy address on China

According to the latest headlines crossing the news wires, United States Vice President Mike Pence said that he had decided to postpone the policy address on China amid 'positive signs of progress.'

Stock markets seem to be reacting positively to these remarks. The Dow Jones Industrial Average and the Nasdaq Composite indexes, which started the day in the negative territory on Friday, both were up 0.2% as of writing while the S&P 500 was flat on the day at 2,954 points. 

USD/JPY extends recovery to 107.70 area despite disappointing US PMI data

After spending the first half of the day in a very narrow band near 107.50, the USD/JPY came under a renewed pressure and dropped to 107.40 area but d
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GBP/USD technical analysis: Cable bulls challenge the 1.2700 handle

GBP/USD daily chart GBP/USD is in a bear trend below its main simple moving averages. The market is currently finding some resistance near the 1.2700
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