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The EUR/GBP pair rose to its session highs near 0.7237 (50% of 0.7493-0.6981) on the back of China-led risk-off and weakness in Cable ahead of the UK industrial production data. Eyes UK data The data due in the UK is expected to show the factory output stalled in October...
Barclays Capital is considering selling NZD/USD into the RBNZ meeting, and this advice is based on fundamental analysis related to economists' view concerning RBNZ meeting on 9 December 2015: 2015-12-09 20:00 GMT | [NZD - Official Cash Rate] 2015-12-09 20:00 GMT | [NZD - RBNZ Monetary Policy Stat...
The EUR/GBP pair rose to its session highs near 0.7237 (50% of 0.7493-0.6981) on the back of China-led risk-off and weakness in Cable ahead of the UK industrial production data. Eyes UK data The data due in the UK is expected to show the factory output stalled in October...
The Japanese yen battered its Australian counterpart in the European morning, smashing AUD/JPY to fresh lows below 89 handle. AUD/JPY breaks key support at 20-DMA (88.96) Currently, the AUD/JPY pair drops -0.90% to near weekly lows of 88.85, having failed to resist 89 barrier...
Copper prices swung between small gains and losses on Tuesday, as the latest trade figures out of China added to concerns over the health of the world's second-biggest economy, while also pointing to strong demand for the red metal. Chinese exports slumped 6...
Copper prices swung between small gains and losses on Tuesday, as the latest trade figures out of China added to concerns over the health of the world's second-biggest economy, while also pointing to strong demand for the red metal. Chinese exports slumped 6...
Australia stocks were lower after the close on Tuesday, as losses in the Energy, Resources and Metals & Mining sectors led shares lower. At the close in Australia, the S&P/ASX 200 fell 0.91%. The best performers of the session on the S&P/ASX 200 were Spotless Fp (AX:SPO), which rose 7...
EUR/CHF is trading in a tight range on Tuesday, following the prevailing lack of direction in the broader markets. EUR/CHF focus on EMU data The cross is advancing for the second consecutive session so far, finding good support in the 1...
Market summary. GBPUSD 1H chart Long sentiment from 1.5090. From this level starts the long zone, where the currency could be bought at any level. Short sentiment from 1.5059. Selling zone is below this level, where GBPUSD could be sold at any level. Targets on 1H picture below...
Research Team at BBH, suggests that the divergence of monetary policy remains very much in place, and it is not fully priced in, and they wonder if it really can be discounted. Key Quotes “We see the price action as an arguably long-overdue correction to a move that began in mid-October...
The oil futures on Nymex plunged to the lowest levels since Fed 2009 on 37 handle and now wavers within a striking distance of the multi-year lows as oversupply worries continue to spook oil markets. WTI set to test 6-year lows Currently, WTI trades modestly flat at 7...
Goldman Sachs revised their initial $40/bbl forecast for crude oil - they are considering the price to be as low as $20 a barrel in 2016. This updated forecast is based on approach from OPEC: the organization made no comment on adhering to country level quotas...
Market Summary EURUSD 15 min. chart: Long sentiment from 1.0888. The long zone starts from this level. EURUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.0797. The selling zone starts from this level...
The EUR/USD pair is heading northwards in the European session as the European stock futures point to China-led risk aversion ahead. Hovers around hourly 50-MA The pair currently trades near its hourly 50-MA at 1.0857 levels...
China's trade performance continued to remain sluggish in November. Exports declined worse-than-expected 6.8 percent on year on year comparison, marking fifth straight month of decline. Imports on the other hand declined 8.7 percent. Imports fell for the 13th month in a row...
Research Team at Danske Bank, suggests that the market fosuc today will be on the release of Eurozone Q3 GDP numbers in addition to the UK manufacturing and industrial production data. Key Quotes “In the euro area the second release of Q3 GDP figures is due. We expect growth of 0...
Mixed data from China and falling #oil prices led to reduction in major Asian #stock #indices. Today oil bears took a breath after significant overnight decline. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The USD/CHF pair continues to trade around a flat-line over the last hours, meeting fresh supply near hourly 20-SMA at 1.0005 on every attempt to the upside. USD/CHF stuck in 20-pips narrow range Currently, the USD/CHF pair trades -0.09% lower at 0.9992, having posted day’s low at 0...
Gold prices bounced off the hourly 200-MA at USD 1066.87 and now is eyeing the hourly 50-MA located at 1076.74 levels. Haven demand supports gold The weaker-than-expected Chinese trade data rattled investors, leading to risk-off in Asia, which could hit the European shores as well...
