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USD/JPY Hits Fresh 3-Week Highs above 110.50, Consolidates Weekly Gains USD/JPY rose further and printed a fresh 3-week high at 111.58. The pair remains near the highs holding a bullish perspective in the short-term, headed toward a weekly gain of approximately 200 pips...
US Dollar Leaps to Highs Near 95.50 The US Dollar Index, which tracks the greenback vs. its main rivals, has quickly reverted initial losses and is now testing daily peaks in the mid-95.00s...
US Stocks Rebound on Receding Fears of a June Fed Rate-Hike After weighing heavily on Wednesday and Thursday, Fed rate-hike fears seemed to recede that helped major US equity indices to open higher on Friday...
EUR/USD Fades the Advance to 1.1240 EUR/USD has quickly abandoned the area of session highs near 1.1240, returning to the current 1.1200 neighbourhood...
AUD/USD Expected to Weaken to 0.70 in 6-Month – Danske Bank Kristoffer Lomholt, Analyst at Danske Bank, believes the Aussie dollar could depreciate towards the psychological handle at 0.70 in the medium term...
Gold Off Highs, Back Near $1,260 The troy ounce of the precious metal is extending its sideline theme today, posting meagre gains around the $1,260 area...
Canadian Bonds Slump on Firm Consumer Price, FED June Rate Hike Bets The Canadian bonds slumped on Friday as investors cooled on safe-haven assets after reading strong April consumer prices figure. Also, FOMC April meeting minutes from the U.S...
Fxwirepro Short Term Outlook: Euro to Decline 700 Pips Against Pound Pound has been showing remarkable resilience against Dollar as well as other currency pairs, especially Euro, which makes the pair, EUR/GBP an attractive short...
GBP/USD Bullish, Aims to 1.4770 – UOB The research team at UOB Group remains bullish on Cable and expects a visit to the 1.4770 area in the near term. Key Quotes “In line with expectations, GBP extended its again to move above the 1.4650 target (high of 1.4663) but the up-move was short-lived”...
USD/CAD Targets 1.35 in the Longer Run – Scotiabank FX Strategist at Scotiabank Eric Theoret sees spot heading towards 1.35 in the long term. Key Quotes “We look to continued gains in USDCAD with near-term risk to 1.33 and medium-term risk to 1.35”...
Oil Reverses from 7-Month Highs, Dips Below $49.00 Mark After touching a fresh seven-month high level of $49.25, WTI crude oil futures turned lower on the back of some profit taking from bullish traders and as the greenback remains well supported...
EUR/USD Is Range-Bound N-Term, So Buy USD/CHF On Dips - Credit Agricole The USD has been relatively well supported...
Evening Euro Target: 1.1260 For the past twenty six hours the difference between pairs heading the same way has reduced. The euro/dollar is up 48 points: from 1.1179 to 1.1227. The pound/dollar is down 113 points: from 1.4663 to 1.4550...
GOFO and Gold Prices The Gold Forward Offered Rate (GOFO) is the swap rate for a goldtoU. S. dollar exchange...
Stocks and Oil Regain Poise as Fears Over Hawkish Fed Subside European stock indices have enjoyed a short-covering bounce that began late in the day on Thursday when Wall Street shares managed to erase most of their earlier declines. At midday in London, the UK’s FTSE 100 was up 1...
FX Treads Water on Friday Market Drivers May 20, 2016 EU Current Account 27.3B vs. 19.6B RBA Edwards - chatter over lower inflation premature Nikkei 0.54% Dax 1.18...
FTSE Looks to Break Losing Streak After four successive weekly declines, the FTSE 100 is attempting to end its dismal run and post a higher weekly close...
USD/CAD Challenges 1.3100 Post-Data USD/CAD has bounced off sub-1.3100 levels following mixed results from the Canadian docket. USD/CAD gains capped near 1.3130 The pair manages to keep the trade above the 1...
The order to buy #GPBUSD is relevant, despite the observed pullback to the area of the red Alligator's line. Possible closing below it will consider as a signal to close the position. Find out more by checking out the Source Link...
