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For the 24 hours to 23:00 GMT, the AUD weakened 0.89% against the USD to close at 0.8093.LME Copper prices declined 2.26% or $130.0/MT to $5630.5/MT. Aluminium prices rose 0.05% or $1.0/MT to...
For the 24 hours to 23:00 GMT, the USD rose 1.99% against the CAD to close at 1.2351. The CAD lost ground after the BoC surprised markets by cutting its key interest rate by a quarter point to 0.75%,...
For the 24 hours to 23:00 GMT, the USD declined 1.36% against the CHF and closed at 0.8615. In economic news, Switzerland’s ZEW economic expectation index weakened to -10.8 in January, compared...
For the 24 hours to 23:00 GMT, the USD weakened 0.60% against the JPY and closed at 117.95.Yesterday, the BoJ Governor, Haruhiko Kuroda, stated that the nation’s economy was continuing to...
For the 24 hours to 23:00 GMT, the GBP fell 0.14% against the USD and closed at 1.5127, after the minutes of the BoE’s latest monetary policy meeting indicated that that its two dissenting...
For the 24 hours to 23:00 GMT, the EUR rose 0.30% against the USD and closed at 1.1590.In the US, building permits unexpectedly retreated 1.9% on a MoM basis in December, compared to previous...
Talking Points:GBP/USD Technical Strategy: Flat Support: 1.5034, 1.4802, 1.4570 Resistance: 1.5251, 1.5385, 1.5603 The British Pound may rise against the US Dollar after producing a bullish Morning...
Good morning. Hope all is well! Finally we have got data for Swiss franc pairs as our broker had stopped giving our data for them since the shocking move last week, we can now continue to post...
All eyes are on the Eurozone as the ECB hands down its Monetary Policy Statement at 1330 GMT today. Dow Jones reported that the ECB was preparing a €50bn/month QE program which would begin in...
Chris looks at the upcoming Thursday session in the EUR/USD pair, as there is an ECB interest rate decision and press conference.Below you may find the video
More surprising decisions from Central Banks awaited the markets yesterday. The FX market shook with fluctuations. Starting in the Asian session, the Bank of Japan maintained its current easing levels...
The ECB is Trying to Minimize QE Reaction CAD Crashes After Bank of Canada Cuts Rates NZD Shrugs Off Rise in PMI AUD Crushed by Fear that RBA will Ease GBP Hit by Dovish BoE Minutes USD/JPY Tanks on...
Earlier today, I wrote an article that basically tried to stay as far away from the central bank drama as possible by relaying the message to “Avoid the Noid.” The “Noid” in...
The FX market is reeling after a series of dovish central bank surprises over the last few days, and we haven’t even seen what the RBNZ will do at its meeting tomorrow yet. To recap, the SNB...
The pound is showing limited movement on Wednesday, as GBP/USD is trading just above the 1.51 line. On the release front, it was a busy day in the UK. Unemployment claims dropped by 29.7 thousand,...