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While the British pound extended its record selloff in the aftermath of last week's vote, the euro traded sideways on Monday, straining the nerves of breakout-traders as price movements were limited...
The Australian dollar has posted gains on Tuesday, reversing directions after losses in the Monday session. AUD/USD is trading at the 0.74 line.On the release front, the US will release two key...
Market Drivers June 28, 2016 Osborne - will not stand for PM Japan's Inada - should act if FX moves too rapidly Nikkei 0.09% DAN 2.06% Oil $47/bbl Gold $1315/oz. Europe and AsiaNo data North...
USD/JPY has posted slight gains on Tuesday, reversing the losses recorded in the Monday session. The pair is trading slightly above the 102 level. On the release front, the US will release two key...
London Forex Report: Markets remained roiled in the aftermath of Brexit, although the selloffs in global equities and the sterling were more moderate vs Friday. UK Finance Minister George Osborne...
USD/CHF continues to rise inside the uniform Triangle chart pattern which was previously identified by Autochartist on the daily charts. The overall Quality of this chart pattern is measured by...
It might look very attractive to buy a major currency which has fallen by more than 11% in two trading days and is currently standing at its lowest levels in more than three decades. However, it might...
GBP/JPY Daily OutlookDaily Pivots: (S1) 132.85; (P) 135.33; (R1) 137.35; Intraday bias in GBP/JPY remains on the downside for the moment. Current down trend form 195.86 should target next projection...
For the 24 hours to 23:00 GMT, the AUD weakened 1.20% against the USD to close at 0.7340. LME Copper prices rose 0.62% or $29.0/MT to $4692.0/MT. Aluminium prices declined 0.53% or $8.5/MT to...
For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD to close at 1.3075. In the Asian session, at GMT0300, the pair is trading at 1.3010, with the USD trading 0.5% lower against the CAD...
For the 24 hours to 23:00 GMT, the USD rose 0.79% against the CHF and closed at 0.9781. In economic news, Switzerland’s total sight deposits rose to a level of CHF501.2 billion for the week...
For the 24 hours to 23:00 GMT, the USD weakened 0.26% against the JPY and closed at 101.99. In the Asian session, at GMT0300, the pair is trading at 102.01, with the USD trading marginally higher...
For the 24 hours to 23:00 GMT, the GBP fell 1.81% against the USD and closed at 1.3218. Yesterday, Britain’s Finance Minister, George Osborne, tried to calm frayed nerves following last...
For the 24 hours to 23:00 GMT, the EUR declined 0.56% against the USD and closed at 1.1009. In economic news, the Euro-zone’s private sector loans edged higher by 1.6% YoY in May, following a...