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The Australian dollar is unchanged on Monday, as AUD/USD trades at the 0.76 level in the North American session. In economic news, it’s a quiet start to the week. In the US, there are two minor...
AUD/USDAUD/USD was bullish last week and closed below the 0.7600 handle. The AUD/USD has opened lower and is trading in a Neutral state in the European trading session. Aussie is trading below its 100...
EUR/USDEUR/USD could not sustain its bullish moves last week and has opened this week lower trading below the 1.1100 handle in the European trading session. The pair is trading below its 100 day SMA...
After the Brexit vote the pound dropped 1,700 pips before seeing some relief. The pound has been since under enormous bearish pressure making a post Brexit low at 1.2794.After the election of a new...
London Forex Report: Economic data was back in the fore after weeks of Brexit-led headlines and market influences. The rather rosy bag of data out of the US revived expectations another Fed rate hike...
The British pound is unchanged on Monday, following sharp losses in the Friday session. GBP/USD is currently trading at 1.3230. On the release front, it’s a very quiet start to the week. In the...
The US dollar index continues trading sideways. The price reversed upwards late on Friday night after the attempted coup in Turkey as investors fled to the safety of the dollar. However, price has not...
The market shrugged off a thwarted coup attempt in Turkey last Friday. While prices slumped significantly towards the end of the previous trading week, most of the currency pairs recovered from their...
The dollar rallied against the Turkish lira late Friday, while the safe haven yen turned higher, following an attempted coup by a faction inside the Turkish military. Segments of the military took...
Market Drivers July 18, 2016 Risk on mildly on CNY at lowest rate since 2010 Nikkei holiday DAX -0.11% Oil $46/bbl Gold $1329/oz. Europe and AsiaNZD: CPI 0.4% vs. 0.5% North AmericaUSD: NAHB Housing...
GBP/USD holding below quite strong resistance at 1.3230/40 keeps the outlook negative and targets 1.3160/50. Below 1.3130 targets the best support for today at 1.3090/80. However longs looks...
GBP/JPY Daily OutlookDaily Pivots: (S1) 136.20; (P) 139.70; (R1) 141.63; Intraday bias in GBP/JPY remains neutral for the moment. Rebound from 128.86 is seen as a corrective move. On the downside,...
The Japanese yen fell back at the start trading on Monday having risen sharply late on Friday after an attempted coup in Turkey drove demand towards safe havens. The news that a group within...
EUR/USD is unchanged on Monday following sharp losses in the Friday session. The pair is currently trading at 1.1050.It’s a quiet day on the release front, so EUR could remain subdued during the...
The euro, British pound and the yen are seen trading range bound in the near term, awaiting the next major fundamental catalysts, but could see a temporary retracement to the current direction.Gold...