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EUR/USD - European Session The pair stabilized around 1.3375 at 50% correction that will be the intraday interval for today showing on graph. While waiting for the Jobs Report today, we notice that...
GBP/JPY Daily OutlookDaily Pivots: (S1) 173.29; (P) 173.64; (R1) 173.89; Intraday bias in GBP/JPY remains neutral for the moment. On the downside, sustained break of 172.36 support will confirm near...
The overall weak EU sentiment continued on Thursday with the major news being that in July, EU CPI unexpectedly slowed to its lowest level in nearly five years. Usually, such a headline would...
Dollar Close to Full-Blown Run on Risk, Rate ShiftThe S&P 500 dropped 2 percent and the VIX Volatility Index surged 27 percent this past session. Given the quiet nature of the financial...
Talking Points:USD/JPY Technical Strategy: Flat Support: 102.71, 102.43, 102.25 Resistance: 103.03, 103.50, 103.79 The US Dollar appears to have forced a major turning point against the Japanese...
Talking PointsUS Dollar May Turn Lower as July’s Jobs Report Falls Short of Forecasts British Pound Unlikely to Find Lasting Driver in Manufacturing PMI Data The spotlight is firmly pointed...
EUR/USDThe dollar continued to hover at near nine-month highs against the euro on Thursday as markets bet that Friday's July jobs report will point to an improving labor market even if it misses...
For the 24 hours to 23:00 GMT, the AUD weakened 0.25% against the USD to close at 0.9302. LME Copper prices rose 0.6% or $ 45.5/MT to $ 7135.5/MT. Aluminium prices rose 1.7% or $ 34.0/MT to $...
For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD to close at 1.0906.The Canadian Dollar lost ground despite Canada’s economic growth data registering its fifth monthly...
For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9088.The Swiss Franc gained ground despite Moody’s slashing its outlook for Swiss banking system to...
For the 24 hours to 23:00 GMT, the USD marginally weakened against the JPY and closed at 102.81.Yesterday, the IMF urged Japan to continue implementing economic reforms in the nation as failure to do...
For the 24 hours to 23:00 GMT, the GBP fell 0.11% against the USD and closed at 1.6888.Yesterday, the Nationwide reported that on a monthly basis, the seasonally adjusted house prices in the UK...
For the 24 hours to 23:00 GMT, the EUR marginally declined against the USD and closed at 1.3389, after inflation in the Euro-zone continued its downward trend and fell to its lowest level in almost...
While not a lot happened yesterday there were a couple of pairs, the GBP/USD and AUD/USD, which developed pretty well perfectly and perhaps provide a pointer to the Continental Europeans. I...