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Talking Points:EUR/JPY Technical Strategy: Flat Support: 134.83, 133.91, 133.00 Resistance:136.26, 137.17, 138.08 The Euro stalled below the 137.00 figure against the Japanese Yen after attempting...
Yesterday’s Trading:The euro/dollar was trading by the LB on Thursday, waiting for the key NFP report to come out. The US stats published yesterday offered an insignificant amount of support of...
EUR/USDEUR/USD inched up extending modest gains from the previous session, as U.S. Treasury prices surged ahead of Friday's critical national employment situation report. The currency pair traded in a...
For the 24 hours to 23:00 GMT, the AUD weakened 0.12% against the USD to close at 0.7345. LME Copper prices declined 0.97% or $50.5/MT to $5165.0/MT. Aluminium prices declined 1.55%% or $24.5/MT to...
For the 24 hours to 23:00 GMT, the USD declined 0.53% against the CAD to close at 1.3108. In the Asian session, at GMT0300, the pair is trading at 1.312, with the USD trading 0.09% higher from...
For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CHF and closed at 0.9810. The CHF lost ground after the SECO’s consumer climate index for Switzerland slumped to -19.00 in 2Q 2015....
For the 24 hours to 23:00 GMT, the GBP fell 0.58% against the USD and closed at 1.5511, after the BoE’s minutes for its latest meeting revealed that only one MPC member was in favour of an...
For the 24 hours to 23:00 GMT, the EUR rose 0.22% against the USD and closed at 1.0927, after German factory orders topped market expectations in June. Data showed that Germany’s factory orders...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. 4 Reasons for Dollar Bulls to be Cautious about Payrolls GBP Crashes as BoE Disappoints USD/CAD Consolidates Ahead of Dual...
The US dollar index is in a precarious place ahead of the highly anticipated non-farms payroll print tomorrow.Technically, the DXY is budding up against descending trend resistance created when the...
NZD/USD – Retail forex trading crowds remain heavily long the New Zealand Dollar versus its US namesake and a contrarian view of sentiment acts as steady signal that the pair may continue lower....
Cable is falling nearly 100 pips as Mark Carney, the Bank of England (BoE) Governor, flinches on whether or not the central bank will hike rates soon.While keeping the trend with central bank...
‘Super Thursday` sees the BoE unexpectedly vote 8-1 in favour of keeping rates on hold to weigh on GBPToday, focus fell on the BoE’s `Super Thursday`, with the majority of the price action...
US Dollar Remains a buy versus the British Pound, Yen and New Zealand Dollar Outlook versus the Australian Dollar and Euro is less clear Weekly Summary of Forex Trader Sentiment and Changes in...