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The U.S. Dollar remained high against the majority of its trading counterparts a day after economic reports revealed that Factory production improved, adding to evidence the U.S. economy is still...
For the 24 hours to 23:00 GMT, the AUD strengthened 0.71% against the USD to close at 0.9345.LME Copper prices declined 0.55% or $ 38.5/MT to $ 6927.0/MT. Aluminium prices declined 0.24% or $ 5.0/MT...
For the 24 hours to 23:00 GMT, the USD declined 0.37% against the CAD to close at 1.0888.In economic news, the BoC left its benchmark rates unchanged in August, at 1%, in line with market...
For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CHF and closed at 0.9176.In the Asian session, at GMT0300, the pair is trading at 0.9178, with the USD trading tad higher from...
For the 24 hours to 23:00 GMT, the USD weakened 0.27% against the JPY and closed at 104.84.In the Asian session, at GMT0300, the pair is trading at 104.88, with the USD trading tad higher from...
For the 24 hours to 23:00 GMT, the GBP traded tad lower against the USD and closed at 1.6463.In economic news, the service sector activity in the UK expanded at the fastest pace in 10 months in...
After spending the last week consolidating and trading in a very narrow range right around 5620, the Australian 200 Index has surged higher again to achieve a new multi-year high around 5660,...
As quickly as the Australian dollar fell sharply back down below the 0.93, it has surged back higher just as quickly to return to its previous levels around 0.9340. It enjoyed a solid...
BIAS: The break above 1.3145 should see gains extend to 1.3195-1.3220 todayResistance: 1.3160 1.3177-80 1.3195 1.3220Support: 1.3130 1.3110-21 1.3089 1.3066MAIN ANALYSIS: With the 1.3145 high broken...
Some things went right yesterday, some have confused. Yesterday’s moves, as a whole, in the EUR/USD and USD/CHF were one of two options with the weakness in the Dollar confirming Monday’s...
The Gold price was on a rollercoaster with each wave of conflicting news on Ukrainian crisis. Kiev first announced that an agreement on a ‘cease-fire regime’ had been reached. The Gold...
Kathy Lien is the Managing Director of FX Strategy for BK Asset Management.Will the ECB Crush the Euro? Euro Extends Losses Ahead of ECB Meeting Sterling Remains Under Pressure Despite Stronger...
GBP/USD has dropped to dip below major support around the 1.6500 price level, re-testing the sub-1.6500 lows hit in late March. In the process, the currency pair has hit a new five-month low and could...
Are we witnessing both "crowded and uncrowded" trades in the currency markets? The US Dollar has rallied a few percent higher over the past two months, taking it up to an 11-year falling resistance...
EUR/USDFocus for the pair initially centred around the slew of service PMI releases from the Eurozone today following Monday’s host of lacklustre manufacturing PMI releases. Today’s...