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AUDUSD MovementFor the 24 hours to 23:00 GMT, the AUD weakened 1.94% against the USD to close at 0.7215. LME Copper prices declined 1.40% or $74.5/MT to $5260.5/MT. Aluminium prices rose/declined...
USDCAD MovementFor the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD to close at 1.3021. In the Asian session, at GMT0300, the pair is trading at 1.3005, with the USD trading 0.12% lower...
USDCHF MovementFor the 24 hours to 23:00 GMT, the USD declined 0.51% against the CHF and closed at 0.9577. In economic news, Switzerland’s producer and import prices fell 6.8% YoY in September,...
USDJPY MovementFor the 24 hours to 23:00 GMT, the USD weakened 0.22% against the JPY and closed at 119.76. Yesterday, data indicated that Japan’s consumer confidence weakened more-than-expected...
GBPUSD MovementFor the 24 hours to 23:00 GMT, the GBP fell 0.58% against the USD and closed at 1.5255. In economic news, UK’s PPI core output rose 0.2% YoY in September, as expected. However,...
EURUSD MovementFor the 24 hours to 23:00 GMT, the EUR rose 0.26% against the USD and closed at 1.1386. Yesterday, Germany’s consumer price inflation remained unchanged YoY in September, as...
The dollar was trading near one-month lows on Wednesday after more dovish comments from another Fed official further dampened hopes of a rate rise this year. Fed Governor Daniel Tarullo said in a CNBC...
The GBPUSD suffered a heavy fall and hit a weekly low narrowly above 1.52 after the latest round of UK inflation data confirmed to traders that persistent inflation weakness will continue to delay any...
Good morning. Hope all is well! We seem to have had a 100% accuracy on our predicted directions for yesterday. Markets reacted to our supply demand zones as expected. Both Japanese yen and the...
Aussie: After a solid NINE sessions of gains, the Aussie Dollar’s rally has come to an end with a thud. The rally was the currency’s third longest since it was floated in 1983.“AUD...
I was intrigued by a Zerhedge post yesterday evening entitled Gold Jumps As China Devalues Yuan By Most In 2 Months, "Boosts Reforms" Of Corporate Bond Bubble.OK - Gold is up a bit, but I cannot find...
EUR/CADBest reading of the cycle in the short term suggests decline to 1.454 ended wave ((w)). Wave ((x)) bounce is unfolding as a double three structure, where wave (w) ended at 1.476, wave (x) ended...
EUR/USD: With EUR continuing to trade below the 1.1396 level and its major resistance at the 1.1459 zone, our bias remains to the downside. This suggest its upside risk is now limited while...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The sharp reversal in the British pound and Australian dollar were the two biggest stories in Tuesday's foreign-exchange market....
And so it happened, round level triggered a correction. In the last week, there has been a test of level 2.9000. This provoked a rebound, which can bring price to 2.9900. Minimum range for correction...