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For the 24 hours to 23:00 GMT, the AUD strengthened 0.99% against the USD to close at 0.7264, after the RBA Governor expressed optimism over Australia’s economic outlook. Yesterday, RBA...
For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 1.3304. Yesterday, the BoC’s Deputy Governor, Lynn Patterson, stated that growth in the Canadian economy is...
For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CHF and closed at 1.0169. In the Asian session, at GMT0400, the pair is trading at 1.016, with the USD trading marginally lower from...
For the 24 hours to 23:00 GMT, the USD weakened 0.31% against the JPY and closed at 122.52. In the Asian session, at GMT0400, the pair is trading at 122.34, with the USD trading 0.15% lower from...
For the 24 hours to 23:00 GMT, the GBP fell 0.24% against the USD and closed at 1.5085, following dovish comments from two top officials of the BoE. The BoE Governor, Mark Carney, indicated that the...
For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.0645, after Germany’s GDP advanced as expected in 3Q 2015. Data showed that the final German GDP rose in line...
Perhaps it should be expected but heck, this slow market is slowing down more. To be honest, unless some throat wrenching catalyst occurs, tomorrow’s Thanksgiving looks like seeing some painful...
Once upon a time, if a world super power on the brink of war had a fighter jet shot down after entering the airspace of another sovereign nation for barely a few seconds, all hell would break loose...
USD/CAD: The pair declined on Tuesday after triggering a corrective pullback and leaving USD/CAD outlook lower towards 1.3446/35 zone risk. On the downside, support lies at the 1.3250 level followed...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Tuesday's worst-performing currency was the British pound. It experienced broad-based losses on the back of dovish comments...
The Australian dollar has traded within a descending channel against the greenback for more than a year now but in the last couple of days it appears to have finally broken above it, which could be a...
The daily chart of the EUR/USD formed a small wedge bottom over the past 2 weeks, and it is currently trading above yesterday’s small reversal bar. Yes, the news from Russia and Turkey will...
GBP/USD - downtrend returns after the end of simple correctionDollar weakened today after statements of FED members regarding interest rate hikes. Rapid achievement of the inflation target of 2% isn't...
In an otherwise quiet day in the foreign exchange market, GBP/USD has seen a relatively big drop amidst dovish comments from BOE policymakers and decent US data.During this morning’s European...
Geopolitical events take centre stage after Turkey shot down a Russian jet, while GBP underperforms after dovish BoE Haldane commentsThe most notable news of the day came in the form of Turkey...