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GBP/USD Open 1.4364 High 1.4427 Low 1.4324 Close 1.4359On Thursday pound/dollar increased with 100 pips. The cable appreciated from 1.4324 to 1.4427 yesterday, in line with the positive money flow...
Apr 1: A Technical Recession In Japan's Economy Is IncreasingIntraday Market Moving News and Views (USD/JPY) Apr 01, 2016 03:04GMTThe Markit/Nikkei Final Japan Manufacturing Purchasing Managers Index...
USD/JPY: With the pair halting its weakness on two rejection candles, it now looks to recover higher. On the downside, support comes in at the 112.00 level where a break if seen will aim at the 111.50...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar is trading steady-to-lower against most of the major currencies ahead of Friday’s nonfarm payrolls...
The euro broke through the $US1.14 mark today on the back of data out of the Eurozone and weaker than expected figures from the US.CPI figures from Europe hit the market at 0.1 percent, matching...
The end of the quarter finds the dollar at levels last seen in mid-Oct. 2015. But more relevant, is the fact that the price structure is pressing into a key support zone between 94.30 and 92.60, which...
This was not supposed to happen while in the middle of a US dollar upswing. The greenback was the second-worst performing major currency during the first quarter, besting only the beleaguered UK pound...
The 240-minute chart shows a nested wedge rally where the 3rd leg subdivides into a small wedge, and that smaller wedge has a 3rd leg that also subdivides into an even smaller wedge. The EUR/USD broke...
Untypical gold price behaviorGold fell in price after Fed Chair Janet Yellen’s comments that there is no need to hurry with further interest rate hikes. Mid last December, the Fed raised rates...
NZD/USD has posted slight gains on Thursday, continuing the trend which has marked the pair all week. At the start of the North American session, the pair is trading at 0.6940. On the release front,...
Open 0.9650 High 0.9672 Low 0.9586 Close 0.9647On Wednesday dollar/franc decreased with 80 pips. The European currency appreciated from 0.9672 to 0.9591 yesterday, matching the negative money flow...
GBP/JPYCurrently we are 161.34 continuing a nice downtrend. We are looking to continue to the 0.500 Fibo at 160.46 with an overall target of 159.10. The average daily true range (ATR) for the pair...
The euro is trading at 1.1390 at the moment. The low has traded at 1.1310 while the high has traded at 1.1395. After selling off to touch the low of the day, the euro has rallied back to trade at the...
On Wednesday EUR/GBP managed to strengthen from Tuesday lows. The Euro was supported by strong macroeconomic statistics, released in Germany. According to preliminary data for March, Consumer Price...
Market Drivers for March 31, 2016 Dollar weakness continues UK GDP mixed but better Nikkei -0.71% DAX -0.69% Oil $37/bbl Gold $1237/oz. Europe and Asia AUD: AU Private Sector Credit 0.6% vs. 0.5% EUR:...