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EUR/USDThe euro slipped against an advancing dollar on Thursday after data revealed the U.S. economy grew at a faster clip in the second quarter than markets were expecting, which firmed expectations...
Autochartist recently identified the Falling Wedge chart pattern on the daily NZD/USD charts – as can be seen from the following trade alert for this currency pair. NZD/USD is expected to break...
For the 24 hours to 23:00 GMT, the AUD strengthened 0.21% against the USD to close at 0.9357.LME Copper prices declined 0.3% or $18.0/MT to $7033.0/MT. Aluminium prices rose 1.22% or $25.5/MT to...
For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD to close at 1.0858.In economic news, the current account deficit in Canada fell to CAD 11.9 billion in 2Q 2014, more than market...
For the 24 hours to 23:00 GMT, the USD traded tad higher against the CHF and closed at 0.9152.In economic news, the number of employed people in Switzerland rose to a level of 4.196 million on a...
For the 24 hours to 23:00 GMT, the USD weakened 0.19% against the JPY and closed at 103.69.In the Asian session, at GMT0300, the pair is trading at 103.7, with the USD trading flat from...
Talking Points:USD/CHF Technical Strategy: Long at 0.9068 Support:0.9114, 0.9070, 0.9000 Resistance: 0.9175, 0.9223, 0.9272 The US Dollar may be on the verge of a turn lower against the...
For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.3183. The US dollar gained ground following the release of upbeat GDP and housing data from the US.The Q2 GDP of...
After hitting highs of $520, Bitcoin (BTC-eUSD) is now headed for the important $500 level. After a week of high volatility, the price seems to be fluctuating with less volatility. After gaining more...
The Aussie has started to move in the last couple of days moving higher from the key level at 0.93 up to a three week high above 0.9370. For the best part of the last couple of weeks the...
It was a steady, if unremarkable day yesterday, but that was expected. Despite the lack of any startling moves, what did happen provided some greater insight to an outcome for which I have been...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.EUR: Why Weak Data Failed to Translate to New Lows Dollar: US Recovery Reinforced by String of Positive Data USD/CAD: Time for...
While Q2 Japan inflation data recently rose above levels seen in the US, today’s anticipated 3.4%YoY headline print is unlikely to trigger renewed JPY strength. Indeed with policy officials from...
NZD/USD – The majority of FX traders remain long the New Zealand Dollar versus the US Dollar, and a contrarian view of sentiment leaves us in favor of continued NZD/USD weakness. Trade...
Talking Points- EUR/USD breaks through 1.3220 and 1.3335 could be next. - However, H4 close under 1.3187 reignites downtrend. - US Dollar strength in August shouldn't surprise - it's a seasonally...