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USD/JPY broke below 116.60 and dropped to 116.28, reaching a fresh daily low. The pair remains with a bearish bias in the short term as stocks retreated in Europe after the SNB abandoned the EUR/CHF cap. On Asian hours greenback extended the recovery against the yen and reached 117...
On Thursday the euro dropped to multi-year lows against the greenback and Swiss franc after the Swiss National Bank abandoned its exchange rate cap against the European currency and cut interest rates further into negative territory...
EUR/USD seems recovered after the SNB caught everybody off guard in today’s meeting, now regaining the 1.1700 region after being down to 1.1570. EUR/USD calmer, keeps in red The offered tone remains intact around the euro today, with spot struggling to keep the trade in the vicinity of 1...
2015-01-15 00:30 GMT (or 02:30 MQ MT5 time) | [AUD - Employment Change] past data is 45.0K forecast data is 5.3K actual data is 37.4K according to the latest press release if actual > forecast (or actual data) = good for currency (for AUD in our case...
The British currency dropped lower against the U.S. dollar on Thursday, as the greenback regained some strength after weakening in the previous session due to downbeat U.S. retail sales data...
The Swiss National Bank (SNB) is discontinuing the minimum exchange rate of CHF 1.20 per euro. At the same time, it is lowering the interest rate on sight deposit account balances that exceed a given exemption threshold by 0.5 percentage points, to −0.75...
European stocks advanced on Thursday, influenced by expectations for additional easing measures by the European Central Bank which overshadowed the ongoing rout in oil prices. The EURO STOXX 50 rallied 1.05%, France’s CAC 40 climbed 1.04%, while Germany’s DAX 30 jumped 1...
The Japanese yen is giving away some of the recent gains vs. its American counterpart, allowing USD/JPY to return to the upper 117.00s. USD/JPY supported around 116.00 After bottoming out in the vicinity of 116...
The FX market shifted its bias after the weaker than expected Retail Sales data for the US economy. The US dollar was weighed by the sluggish retail growth data and remains in consolidation against its major counter parties. More specifically, the USDJPY dropped to as low as 116...
The Asian session today saw AUD and INR strengthening after robust employment figures in Australia and the surprise 25bps rate cut by the RBI respectively. AUD/USD is up 1.07% at 0.8228,, while USD/INR is down 0.6000 points at 61.5900 US indices registered another negative close with Dow (-1...
On Thursday gold futures rose in Asian trade...
On Thursday Asian stocks mostly rose after a significant rebound in oil and copper prices brought a semblance of calm, while the dollar regained ground lost on disappointing U.S. retail sales...
The Australian dollar advanced on solid jobs data released Thursday that saw a surge in new employment and a downtick in the overall employment rate. Statistics Australia reported that 37,400 jobs were created in December, compared to 3,800 expected, while unemployment eased to 6...
Data showing a stronger-than-expected increase in financing last month triggered a jump in Chinese equities and prompted speculation that the sell-off in metals was excessive. Copper rebounded in base metals after slumping to the lowest in more than five years...
DUKE UNIVERSITY STARTS FORCED AMPLIFIED BROADCASTS OF THE MUSLIM CALL TO PRAYER FROM BELL TOWER NTEB News Desk | January 14, 2015 A WEEKLY CALL TO PRAYER FOR MUSLIMS WILL BE HEARD AT DUKE UNIVERSITY STARTING FRIDAY, SCHOOL OFFICIALS SAID “The sweetest sound I know is the Muslim call to prayer” –...
World Bank downgraded its global economic forecast citing weak prospects for the euro area and Japan. World Bank said global gross domestic product is expected to grow 3 percent in 2015, slower than the 3.4 percent estimated in June. For 2016, the economy is projected to expand 3...
Reported at 8:30am in the second or third week of the month the Producer Price Index (PPI) is a measure of the increase or decrease in the selling price received by US producers for their output...
January 14, 2014 Santiago, Chile Well at least someone finally had the candor to just come out and say it. In the wake of recent terror attacks in Europe, British Prime Minister David Cameron has called for an end to secure communications technology...
Hey Everyone, I’m a trader based in Sydney, Australia. If you look at my account history you’ll see some pretty horrible results from 2011-2013 while I was testing out some different systems and EAs...
AUD/USD: Avoiding this pair for now Open short positions of last week have been stopped out and for now this pair is being avoided. There are little changes compared to yesterday...
