The shared currency stays within the daily range following releases in the US docket, with EUR/USD navigating around the 1.1400 handle. EUR/USD upside still capped near 1.1450 The pair keeps the daily correction lower unchanged after US personal income expanded more than expected in May, up 0...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, June 30th The EUR/USD pair broke out of its consolidation phase to the downside in early Europe, stepping away from the region of its 14-month highs, marked yesterday at 1.1445 level...
Oil prices continue to recover. The rise of the last days has become the longest since April. The price of Brent crude is growing for the seventh consecutive session. Prices received additional support from data on the reduction of oil production in the US last week by 100,000 barrels per day...
Currently, USD/CHF is trading at 0.9563, down -0.33% on the day, having posted a daily high at 0.9601 and low at 0.9558. USD/CHF is down to test a key support area in a continuation of the broader bearish trend from the 1.0340's and a weekly double top area...
Hello traders, Currently GBPUSD is in momentum ahead of the 2nd stage breakout, and vice versa will enter a period of consolidation. This image has thousands of words better than my explanation, and people who understand to work with : Support, Resistance and...
USDJPY: The pair continues to press higher as it saw price extension during Thursday trading today. On the downside, support comes in at the 112.00 level where a break if seen will aim at the 111.50 level. A cut through here will turn focus to the 111.00 level and possibly lower towards the 110...
The upside momentum around the single currency now seems to have lost some vigour, prompting EUR/USD to slip back to the 1.1400 neighbourhood...
GBP/USD The British pound is growing today. The currency rose in price by 0.4%. The local resistance 1.30 is already seen, followed by May highs at 1.3040. Macroeconomic calendar for the UK is empty today, so we focus on the dollar...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, June 29th Seems that the Euro bulls took a breather in mid-Asia after enormous rally, which pushed the EUR/USD pair to refresh its 2017 tops at 1.1419 level...
American stock indexes retain a positive trend against the backdrop of sales of government bonds. The yield of 10-year US government bonds, according to Tradeweb, rose on Wednesday to 2.223% from 2.198% on Tuesday. Investors remain confident that US economic growth is strong enough...
It is a time of good cheer for central bankers suggests Sean Callow, Research Analyst at Westpac, with positive growth outlook coming from most of them. Key Quotes “The RBA has had a bullish view on Australian growth for many months...
The bid tone around the single currency stays on the rise in the second half of the week, now lifting EUR/USD to fresh YTD tops in the 1.1430 region...
The USD/JPY pair maintained its bearish bias through early NA session but has managed to hold above session lows touched during the early European session. A goodish rebound in European equity market pointed to improving risk appetite and was seen denting the Japanese Yen's safe-haven appeal...
Following President Draghi’s upbeat speech in Sintra, George Saravelos, Strategist at Deutsche Bank, suggests that they are completely revising our EUR/USD outlook for the rest of the year and now see the risks as shifting towards an attempted break-out of the euro’s multi-year 1.05-1...
GBPUSD: The pair continues to face upside pressure following its higher close on Tuesday. Support lies at the 1.2750 level where a break will turn attention to the 1.2700 level. Further down, support lies at the 1.2650 level. Below here will set the stage for more weakness towards the 1...
The Sterling is gaining further ground on Wednesday, lifting GBP/USD to the area of daily highs around 1.2830 albeit easing some pips afterwards...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, June 28th The EUR/USD pair remains highly positive in the middle of this week, having refreshed its multimonth highs at 1.1380 level in early Europe...
Talking Points Asian stocks wilted as their Wall Street counterparts had done the day before Only the ASX 200 stood out, with mining stocks there putting up a better show The US Dollar made gains on the Japanese Yen Asian stocks were mostly under pressure Wednesday following a weak Wall Street le...
Statements made by ECB President Mario Draghi on Tuesday at a conference in Portugal provoked a sharp rise in the euro and a fall in European stock indices. Mario Draghi said that "all the signs now point to the strengthening and expansion of the basis for the recovery of the Eurozone economy...
