Please try another search
GBP/JPY Daily OutlookDaily Pivots: (S1) 187.59; (P) 187.92; (R1) 188.58; The strong rise in GBP/JPY and break of 188.28 resistance invalidated our bearish view. Rebound from 180.36 is resuming and...
The Fed released its minutes saying that an interest rate hike depended on economy data. The data in the past two months is obviously positive enough to convince investors of the fact that interest...
For the 24 hours to 23:00 GMT, the AUD weakened marginally against the USD to close at 0.7110. LME Copper prices declined 0.66% or $31.0/MT to $4669.0/MT. Aluminium prices declined 0.62% or $9.0/MT to...
For the 24 hours to 23:00 GMT, the USD declined marginally against the CAD to close at 1.3311. In the Asian session, at GMT0400, the pair is trading at 1.3258, with the USD trading 0.4% lower from...
For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CHF and closed at 1.0196. In economic news, Switzerland’s ZEW expectations index fell to a level of 0.0 in November, from a reading...
For the 24 hours to 23:00 GMT, the USD strengthened 0.11% against the JPY and closed at 123.57. In the Asian session, at GMT0400, the pair is trading at 123.19, with the USD trading 0.31% lower from...
For the 24 hours to 23:00 GMT, the EUR rose 0.19% against the USD and closed at 1.0662. In economic news, Euro-zone’s construction output declined 0.4% MoM in September, after recording a...
Key Points: This morning’s FOMC Meeting Minutes from October show that most members were comfortable not raising rates in October but that December is very much in play. I’ve extracted a...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Wednesday's market focus was on the FOMC minutes but the big takeaway from the Fed was not contained in the details of a meeting...
GBPPLN - above 6.0000, highest since 2006In Poland today there was important political event. Prime Minister of the new government Beata Szydło gave expose. Very nervously was at PLN where high...
EUR has seen modest strength in the European session, after comments from ECB’s Mersch, who downplayed what affect the recent attacks in Paris would have upon the French economy. He also...
The Australian dollar continues to drift this week, as AUD/USD trades just under the 0.71 line in Wednesday’s North American session. In economic news, the Australian Wage Price Index posted a...
No change on EUR/USD for now. Pair can still be headed lower into wave 5 that can reach levels around 1.0580-1.0600 by the end of the week. In the meantime, traders will have to pay attention to...
The EUR/USD 60-minute chart broke above a 5-day tight bear channel overnight, and it has pulled back over the past 4 hours. The bulls are hoping for a higher low and then a 2nd leg up.The daily chart...
After Monday’s big dollar-bullish move, the foreign-exchange market has been relatively mixed over the last 48 hours, not coincidentally mirroring the uncertainty traders are feeling toward...