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Intra-Day Market Moving News and Views (AUD/USD) 02 Mar 2016 02:38GMTAUD/USD - ...... AUD maintains a firm undertone after jumping from 0.7166 to 0.7236 after release of upbeat Australia GDP data....
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Get ready for some big moves in currencies this month. Between Friday’s U.S. nonfarm payrolls report, next week’s...
EUR/CADDownward movement in EUR/CAD is continuing after it broke below support in the last week. It is likely that today's session will bring fifth downward candle in a row. Supply should test 1.4520...
The Australian dollar continues to have an uneventful week, as AUD/USD trades at 0.7150 in the North American session. On the release front, Australian Building Approvals posted a sharp drop of 7.5%,...
A choppy session for some of the key spot rates, with the exception of USD/JPY which has enjoyed a straight line move higher since late Asia. After basing out ahead of 112.00 overnight, we have moved...
It is very rare these days to meet a policymaker in an advanced economy who is after a strong currency. A weaker currency can help revitalize a country’s export sector without the need for...
The Japanese yen has reversed directions on Tuesday, as USD/JPY trades at the 113 line early in the North American session. In economic news, Japanese Household Spending dropped by 3.1 percent, below...
GBP/CHFCurrently we are 1.3937 after topping out is a bear flag (which is bearish for the pair). We are looking to continue to the flag bottom @ 1.3910. The next target is the S7 @ 1.3780. The average...
USD/CAD is trading quietly to start the week, as the pair trades at 1.3565 in the European session. On the release front, there are just two US releases – Chicago PMI and Pending Home Sales....
EUR/USD - on the way to 1.0810 Last Friday, price broke below support at 1.0980, and downward movement is continuing. Period of low volatility at EUR/USD should have already been finished, because in...
Tuesday March 1: Five-things the markets are talking aboutThis is the first trading day of a new month. In U.S equities, March has a recent record of 14 up and 7 down, similar to its 1950 track record...
NZD/USD Yesterday the pair opened with a significant gap down amid the publication of poor data in New Zealand. The number of building permits in January shrank by 8.2%, while the ANZ Business...
The GBP/USD pair bounced from OUR Identified support zone on a 4 hour time frame. The support zone was given in our analysis on the 29th Feb and the risk mentioned was 36 pips and the price has moved...
The euro is showing marginal movement on Tuesday. EUR/USD is trading at 1.0860 in the European session. On the release front, it’s a very busy day in the Eurozone. Manufacturing PMIs were very...
Despite WTI Oil commencing the new trading week under pressure and slipping below $33 at $32.30, the commodity managed to regain its momentum and consolidate above $33 as trading concluded for the...