Please try another search
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Next Week's FX Trade In 6 Points We all know that next week is going to be an important one for the financial markets because...
The US dollar had a strong run higher in 2014. At one point it had strengthened by about 25%. There was quite a buzz then. And then it stopped rising. By April the dollar had stopped improving against...
In terms of scheduled events, last week’s calendar was slightly lighter than those seen in recent weeks, although this week once again presented meaningful price action across the marketplace....
On Thursday data showed core machinery orders fell 3.6% month-on-month in July after a 7.9% decline in June. This raises concerns that lower investment will undermine a recovery from an economic...
Market Drivers September 11, 2015 EUR takes out 1.1300 as risk off flows dominate UK Construction falls Nikkei -0.19 % Europe -1.20% Oil $44/bbl Gold $1106/oz Europe and Asia: GBP UK Construction...
During the whole week, the British pound kept growing. The most important of today’s news comes from the Bank of England at 11:30 am (GMT +3), when the Consumer Inflation Expectations are due....
Talking Points:USD/JPY Technical Strategy: Flat Prices Drifting Toward Range Top Above 121.00 Figure Trade Looks Unattractive from Risk/Reward Perspective The US Dollar is drifting higher toward...
GBPUSDGBPUSD has moved upwards, influenced by touching SMA50, which acted as a support despite the negativity on RSI. However, ADX remains positive along with stability above 1.5414. Moving above...
Yesterday, the CNH to USD exchange rate dramatically increased 1.15% yesterday, hitting a 5-year high since 2010. Meanwhile, Britain still remains its interest rate and quantitative easing policy...
Global MarketsThe Shanghai Composite Index is continuing to struggle when it comes to finding direction, with the major market looking set to conclude the week in red territory. This has been a week...
AUDUSD MovementFor the 24 hours to 23:00 GMT, the AUD strengthened 1.46% against the USD to close at 0.7080. LME Copper prices rose 0.63% or $34.0/MT to $5400.0/MT. Aluminium prices declined 1.26% or...
USDCAD MovementFor the 24 hours to 23:00 GMT, the USD declined 0.35% against the CAD to close at 1.3227. In economic news, Canada’s new housing price index rose 0.1% MoM in July, lower than...
USDCHF MovementFor the 24 hours to 23:00 GMT, the USD declined 0.22% against the CHF and closed at 0.9730. In the Asian session, at GMT0300, the pair is trading at 0.9736, with the USD trading 0.07%...
USDJPY MovementFor the 24 hours to 23:00 GMT, the USD strengthened 0.28% against the JPY and closed at 120.72. In the Asian session, at GMT0300, the pair is trading at 120.8, with the USD trading...
GBPUSD MovementFor the 24 hours to 23:00 GMT, the GBP rose 0.54% against the USD and closed at 1.5440, after the BoE indicated that the central bank remains on track to raise its benchmark interest...