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EUR/USD: Investors shrugged off strong manufacturing data from the U.S. Macroeconomic overview: U.S. manufacturing production recorded its biggest increase in more than three years in April,...
The US dollar has drifted lower against most of the major currencies with the culmination of news from Washington, escalating already rising concerns about the economic agenda that was to bolster...
Silver Price Forecast 2018: The US Dollar Breakdown Clears The Way For A 70s Style RallyThe apparent breakdown of the US Dollar Index is setting silver up for a spectacular rally. In fact, it could...
U.S. stocks finished mixed amid a sundry of earnings and economic data. New housing construction unexpectedly declined, but industrial production posted the highest gain in more than three years....
Comedy and tragedy in Washington DCEveryone is watching EURUSD this morning as the pair bounds to levels not seen since Donald Trump won the Presidency last November. The catalysts for the move are...
The dollar continues to lose ground, reaching six month lows against most major currencies on Tuesday, after mixed economic data and reports that surfaced, showing that President Donald Trump shared...
It’s been a big night for the USD, but the focus sharply turns to the AUD, where traders have the prospect of facing both Aussie consumer confidence (out at 10:30 aest) and Q1 wage data (11:30...
Today is a quiet day in terms of economic data releases. In the UK, the labour market report for March is due. We estimate the unemployment rate (3M average) was unchanged, as there is still no...
EUR/JPYToday’s support: - 124.53 and 124.20 (main), where correction is possible. Break would give 123.98, where correction also may be. Then follows 123.75. Break of the latter would result...
FX NewsEuropean Outlook: Asian stock markets headed south after a mixed closed on Wall Street. “Trump anxiety” is blamed for falling risk appetite, while a stronger yen weighed on Japanese...
Euro's rally extends in the Asian session today as optimism continues. In particular, EUR/USD reaches new six months high as the greenback is troubled by political turmoil in Washington. But we'd like...
FTSE -20 points at 7502DAX -59 points at 12745 CAC -24 points at 5382 Euro Stoxx -15 points at 3626 The US dollar continues losing blood. The DXY index has now completed its post-Trump roundtrip and...
Earlier this month, China’s State Administration of Foreign Exchange (SAFE) reported a large increase in official reserve holdings. The biggest “inflows” in several years has, as you...
Despite a lower calculated inflation rate for April 2017, Real Average Weekly Earnings were only just positive for the month year-over-year. As the CPI had moved higher on the base effects of oil...
UK workers receiving jobless benefits on track to rise again in April Japan expected to report a fifth straight quarter of growth in today’s Q1 GDP data Economics and politics have ignited a...