All Blogs
FxWirePro: Gold Rallies to 1-Month High, Scope for Further Upside Gold retreated towards 1249 levels in volatile session on Thursday as dollar firmed after ECB press conference...
EUR/USD Send Signals of Topping in the Near-Term - BTMU Analysts from The Bank of Tokyo-Mitsubishi UFJ, noted that the failure to break higher in the EUR/USD during recent trading sends a signal of a potential near-term top...
USD/JPY Drops Below 109.50 The yen gained momentum across the board during the American session and pushed USD/JPY back below 109.50. Earlier the pair climbed to 109.89 hitting a new 2-week high but then reversed. Recently it reached a fresh daily low at 109...
USDJPY should continue marching higher, supported by bullish risk appetite and yield differentials turning in favour of USD. A test of 112.50 seems likely with recent latest signs of Japan resuming buying in foreign debt markets...
EUR/USD Tumbles to Lows Near 1.1270 The selling pressure around the euro is not giving up, now relegating EUR/USD to trade in session lows near 1.1270. EUR/USD weaker after ECB Spot is now off more than a cent since earlier ECB-induced peaks near 1...
AUD/USD Reverses From 10-Month Highs A strong recovery of the US dollar across the board pushed AUD/USD sharply to the downside amid a decline in crude oil, gold, and equities. AUD/USD to 2-day low The pair climbed during Mario Draghi’s press conference to 0...
USD/CAD Keeps Highs Near 1.2700 The greenback remains on a firm footing vs. its Canadian counterpart on Thursday, now sending USD/CAD to the boundaries of 1.2700 the figure, session peaks...
EUR/USD Up & Down it Goes, Back Below 1.13 The dollar is alive! EUR/USD has fully reversed the initial bullish attempt to the 1.1400 handle and is now posting losses in the 1.1280 area. EUR/USD turns negative in sub-1...
GBP/USD Retreats from Highs, Back Below 1.4400 After advancing to fresh multi-week tops near 1.4440, GBP/USD lost impetus and is now retreating to the 1.43860 area...
FxWirePro: EUR/USD Runs Out of Steam But Maintains Bullish Outlook The EUR/USD rose towards 1.1400 levels on Thursday after European Central Bank held interest rate unchanged at record lows followed by ECB press conference...
WTI Drops to Lows Near $43.00 After posting fresh 2016 highs near $44.50 in early trade, prices for the barrel of West Texas Intermediate (WTI) have quickly fell back to test the $43.00 support...
The ECB meeting is the session's highlight. In recognition of the risk that ECB President Draghi expresses displeasure with the premature tightening of financial conditions through the exchange rate channel is encouraged a modest bout of euro selling...
The Treasury Department announced Wednesday that women will be incorporated into new designs for the $5, $10 and $20 bills. Here is a look at the new lineup. Araminta Ross, known as “Minty,” was born into slavery on the Eastern Shore of Maryland around 1822...
The shared currency recovers losses and returns to the positive territory versus the American dollar in the mid-Asian trades, with EUR/USD now striving hard extend gains above 1.1300. EUR/USD eyes on 5-DMA at 1.1314 Currently, EUR/USD trades modestly flat at 1...
Oil prices are higher again, and so too are iron ore prices...With BHP warning of a near-term, correction (downwards) and with output of iron ore soaring, the rally should be treated with a bit of caution, but it’s going to go on supporting the Australian dollar for now...
EUR/GBP Turns Positive on ECB Comments Euro pairs cheered comments from ECB President Mario Draghi that broad financing conditions have improved with EUR/GBP pair recovering sharply from 3-week lows of 0.7854 to turn positive before trading nearly unchanged from Wednesday's close...
EUR/USD Flirts with 1.14 on Draghi The single currency is advancing further vs. the greenback today, taking EUR/USD to the area of daily tops around 1.1400 the figure. EUR/USD cautious on Draghi The pair is trading in a choppy fashion as usual following Draghi’s press conference...
Preview for ECB Meeting and Implications for EUR, Metals, Equities Talking Points: - EUR/USD lingering below key resistance near $1.1460/1.1500. - Equity markets, precious metals remain in a bullish posture. - Crowd's disdain for EUR/USD shows in positioning changes...
