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For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD to close at 1.3178. In economic news, Canada recorded an international merchandise trade deficit of C$0.48 billion in June, lower...
For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CHF and closed at 0.9790. The Swiss Franc lost ground, after the consumer prices in the country eased 1.3% YoY in July, recording the...
For the 24 hours to 23:00 GMT, the USD strengthened 0.37% against the JPY and closed at 124.79. In the Asian session, at GMT0300, the pair is trading at 124.73, with the USD trading marginally lower...
For the 24 hours to 23:00 GMT, the GBP rose 0.22% against the USD and closed at 1.5602. However, Britain’s services PMI dropped to a five-month low of 57.4 in July, lower than market projections...
For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.0903, as the services sector across the Euro-zone continued to expand. Data showed that the Euro-zone’s services...
Talking Points:EUR/GBP Technical Strategy: Flat Support: 0.6985, 0.6930, 0.6876 Resistance: 0.7051, 0.7083, 0.7159 The euro moved lower against the British pound as expected after prices put in a...
Talking Points:NZD/USD Technical Strategy: Flat Support: 0.6443, 0.6261, 0.6114 Resistance:0.6556, 0.6679, 0.6791 The New Zealand dollar is testing July’s lows against its US counterpart after a...
Chris looks at the upcoming August 6th session in the EUR/USD pair.
British Pound Thursday:From the US to the British Isles, attention shifts across the Atlantic Ocean tonight. Markets will receive an unprecedented data dump from the Bank of England, tonight releasing...
We had a wonderful day yesterday where we were able to catch up on slower days of the week and get to make the most on the crosses especially the GBP/NZD and GBP/JPY. EUR/CAD finally decided to join...
The suggestion that both EUR/USD and USD/CHF could provide the better moves was basically correct. They fell just a tad short of the target I had wanted but basically around the correct areas....
AUD/USD – Thursday 6 August 2015The Australian dollar has enjoyed a surge higher a couple of days ago moving from its consolidation zone just below 0.73 up to a two week high above the previous...
As my colleague Kathleen Brooks noted yesterday in her in-depth preview, today is a major day for the British pound (see “Bank of England: Binge Watching the Bank's Next Move”). In...
Short term Elliott Wave view suggests wave ((w)) decline from 96.16 is in progress and taking the form of a double three wxy where wave w ended at 94.09, wave x bounce is in progress and expected to...