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Official figures released on Friday showed a trading deficit for goods and services of £34.8bn in 2014...
Shaun Osborne, Chief FX Strategist at TD Securities, notes that EUR/USD gains might extend for another week before the underlying bearish trend resumes, suggesting to use the current short-term gains as a selling opportunity...
Gold prices trade steady around USD 1265/Oz levels as the markets await the monthly Non-farm payrolls data in the US; a gauge of labor market strength which is actively tracked by the Fed officials...
The eFXnews Team shares Barclays’ view for the US NFP and wages data release today. Key Quotes “We expect another solid outcome with headline NFP of 250K and one-tenth decline in the unemployment rate to 5.5...
On Friday the greenback recovered against its peers, as investors anticipated the release of U.S. nonfarm payrolls data later in the day and as the previous session's jobless claims report lent support to the US currency...
The USD encountered a sell-off for the second time this week as economic data released yesterday from the United States provided further indications to traders that the Federal Reserve will remain in no hurry at all to raise US interest rates...
In recent news, we announced the launch of MetaTrader 5 integration to Moscow Exchange's Forex Market, while earlier the platform made its debut in Thailand, with Apple Wealth as the first local MetaTrader 5 broker...
According to Strategist at Deutsche Bank George Saravelos, the Eurogroup could end up offering Greece a third programme. Key Quotes “We estimate that Greek bank funding at the ECB financing windows currently runs between 70-80bn EUR, of which approximately 30bn relies on AAA EFSF-based collateral...
The Danske Bank Research Team previews today’s US employment data release, and further predict a strong job growth and rebound in wages to lead Fed to begin its policy normalisation this year...
AUD/USD rose during the Asian session and peaked at 0.7858, reaching the highest price since January 29 and then pulled back modestly. During the last hours it has remained steady trading around 0.7830, on a quiet session as traders await the US employment report...
For today R4 - 1.1562 / R3 - 1.1540 / R2 - 1.1534 / R1 - 1.1499 SPOT 1.1469 S1 - 1.1418 / S2 - 1.1391 / S3 - 1.1332 / S4 - 1.1304 LOOK FOR POSS BUY AT 1.1391/95...
According to Valeria Bednarik, Chief Analyst at FXStreet, a strong US NFP print might trigger a decline in GBP/USD, but chances of a strong recovery are high if the pair sustains above 1.5250. Key Quotes “The GBP/USD pair holds to its latest gains, consolidating above the 1...
The ECB might roll back its government bond purchasing program sooner than was signaled should inflation reach the targeted levels, the bank's Governing Council member Bostjan Jazbec told the WSJ...
A 230K rise in U.S. Non-Farm Payrolls (NFP) accompanied by faster wage growth may heighten the appeal of the greenback and spur a short-term selloff in EUR/USD as it boosts expectations of seeing the Federal Open Market Committee (FOMC) normalize monetary policy in mid-2015...
The GBP/USD fell below the 50-DMA located at 1.5325 after the data in the UK showed the total trade deficit in December rose more than expected, along with a sharp rise in the trade deficit with non-EU members. GBP/USD remains above 1.53 So far, the pair has managed to sustain gains above 1...
The shared currency is now trading in the lower bound of the intraday range vs. the US dollar, sending EUR/USD to the 1.1440/35 region. EUR/USD eyes on Payrolls The pair remain above the 1...
Will payrolls trigger a further USD correction? On Thursday, the ECB decision to stop accepting Greek bonds as collateral dominated market headlines. However, the impact on (currency) markets was moderate...
USD/CAD edged higher in the mid-European session, recovering losses from the previous session on strengthening US dollar across the board. Focus on US and Canada’s labour report Currently, the USD/CAD pair traded higher by 0.21% at fresh session highs of 1...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. Top news of the week: Greece's drama, its relations with Troika and future of European economy...
Crude prices in the US eased from the high of USD 52.00/barrel, as concerns of the supply glut, coupled with little prospects of easing from China caps gains witnessed due to violence in Libya...
