We’re in the thick of the summer doldrums and markets have for the most part been confined to some tight consolidation trade. The economic calendar has been rather anemic as well, further contributing to the uneventful price action. We do however get a run of first-tier data from now through the end of week.

Any opinions, news, research, analyses, prices or other information ("information") contained on this Blog, constitutes marketing communication and it has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Further, the information contained within this Blog does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of, or solicitation for, a transaction in any financial instrument. LMAX Group has not verified the accuracy or basis-in-fact of any claim or statement made by any third parties as comments for every Blog entry. LMAX Group will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. No representation or warranty is given as to the accuracy or completeness of the above information. While the produced information was obtained from sources deemed to be reliable, LMAX Group does not provide any guarantees about the reliability of such sources. Consequently any person acting on it does so entirely at his or her own risk. It is not a place to slander, use unacceptable language or to promote LMAX Group or any other FX, Spread Betting and CFD provider and any such postings, excessive or unjust comments and attacks will not be allowed and will be removed from the site immediately. LMAX Group will clearly identify and mark any content it publishes or that is approved by LMAX Group. FX and CFDs are leveraged products that can result in losses exceeding your deposit. They are not suitable for everyone so please ensure you fully understand the risks involved. The information on this website is not directed at residents of the United States of America, Australia (we will only deal with Australian clients who are "wholesale clients" as defined under the Corporations Act 2001), Canada (although we may deal with Canadian residents who meet the "Permitted Client" criteria), Singapore or any other jurisdiction where FX trading and/or CFD trading is restricted or prohibited by local laws or regulations. LMAX Limited operates a multilateral trading facility. LMAX Limited is authorised and regulated by the Financial Conduct Authority (firm registration number 509778) and is a company registered in England and Wales (number 6505809). Our registered address is Yellow Building, 1A Nicholas Road, London, W11 4AN.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD trades modestly flat above 1.0900 ahead of German ZEW data

EUR/USD trades modestly flat above 1.0900 ahead of German ZEW data

EUR/USD trades flat above 1.0900 in the European session on Tuesday. The pair treads water amid a broad US Dollar consolidation. Traders take a breather ahead of the German ZEW data, US Producer Price Index release and Fedspeak.

EUR/USD News

GBP/USD rises above 1.2800 after UK data

GBP/USD rises above 1.2800 after UK data

GBP/USD gains traction and edges higher above 1.2800 in the European session on Tuesday. The data from the UK showed that the ILO Unemployment Rate declined to 4.2% in the three months to June from 4.4%, helping Pound Sterling find demand.

GBP/USD News

Gold price drifts lower as traders await US inflation data for cues about Fed's rate-cut path

Gold price drifts lower as traders await US inflation data for cues about Fed's rate-cut path

Gold price (XAU/USD) attracts some sellers in the vicinity of the monthly peak tested earlier this Tuesday and erodes a part of the previous day's strong gains of more than 1%.

Gold News

Curve DAO price is set for a rally following a break above the descending wedge pattern

Curve DAO price is set for a rally following a break above the descending wedge pattern

Curve DAO price broke out of the falling wedge pattern on Monday and trades up by 0.26% to $0.303 on Tuesday. On-chain data shows rising daily active addresses, indicating increased blockchain usage, which could signal a potential rally in the coming days.

Read more

Investors' focus set on PPI and CPI

Investors' focus set on PPI and CPI

In the US we get PPI numbers for July at 14.30 CET. Analysts expect both the headline and core figures to stand at 0.2% m/m. The measure could provide the market with early clues on how inflationary pressures have developed into the late summer.

Read more

Majors

Cryptocurrencies

Signatures