After fluctuating in a 30-pip range in the first thirty minutes following the release of the NFP report from the United States, the AUD/USD pair started to trade calmly around the pre-data levels. At the moment, the pair is trading at 0.7603, up 0.22% on the day...
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EUR/GBP continues to move on Thursday with a bullish bias on the back of a stronger euro across the board. The pair reached at 0.8817 a fresh weekly high. Then pulled back and currently is trading slightly above 0.8800...
The services sector activity in the UK economy extended deterioration for the second straight month, posting a slightly bigger-than expected drop in the month of June, a fresh report from Markit Economics showed on Wednesday. The services PMI slumped to 53.4 in June versus a 53...
Although the EUR/USD pair remained stuck in a tight 40-pip range on Tuesday, it is looking to close the third day in a row with losses. As of writing, the pair is trading at 1.1350, down 0.14% on the day...
Currently, USD/JPY is trading at 113.19, down -0.18% on the day, having posted a daily high at 113.47 and low at 112.74. Bulls were capped just below where offers were sited at 113.50 and N.Korea said that their first intercontinental ballistic missile test was successful. Gold inched up as N...
Tomorrow brings policy meetings from both the RBA and the Riksbank and the statements of both will be carefully evaluated for any hawkish signals, according to the analysis team at Rabobank...
USD/CHF moved to the upside during the American session amid a decline of the Swiss franc across the board. The pair climbed to 0.9597, hitting a fresh highs while other crosses of the forex market remained sideways, in minor ranges...
Although the earlier data from the euro area showed that the inflation increased more than expected in June (1.3% vs. 1.2% YoY), the shared currency struggled to gather further strength against the USD. As we approach the end of the last trading day of June, the EUR/USD pair is trading at 1...
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...
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...
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...
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...
Currently, EUR/USD is trading at 1.1314, up 1.18% on the day, having posted a daily high at 1.1336 and low at 1.1179...
Having found some support near 1.1175 region, the EUR/USD pair has embarked upon a minor-recovery mode, as the bulls look to regain 1.12 handle ahead of key central bankers’ speeches...
Currently, USD/JPY is trading at 111.34, down -0.04% on the day, having posted a daily high at 111.46 and low at 110.95. USD/JPY has been in a reversal of the 111.80 level from double bottom lows of 110.95...
EUR/USD broke below 1.1150 and fell to 1.1145 hitting a fresh daily low. The pair is hovering sightly below 1.1150, consolidating losses. So far today, it has moved in a range of around 25 pips. The Euro is pulling back on Thursday after it reached earlier at 1.1177, a 3-day high...
