W1 price is continuing with bullish breakout for trying to break 3.9864 resistance level from below to above for the breakout to be continuing...
The British currency rose after the deputy governor of the Bank of England for monetary policy warned investors about "focusing too obsessively" on the inflation targets when considering when interest rates may rise...
The next major tradable event is release of meeting minutes from the FOMC’s recent decision on monetary policy (7:00pm GMT). Our long-dollar bias remains intact. Current Market Sentiment: During yesterday’s NY session US CPI came in close to expectations overall; headline CPI for October was 0...
The Australian dollar fluctuated between small gains and losses on Wednesday as wage-price data came in as expected. Meanwhile, global stocks were mixed after the news a football stadium in Germany was evacuated on suspicions of a new act of terrorism...
Official data released on Tuesday showed that in October consumer price inflation in the U.S. increased in line with expectations...
W1 price is continuing with bullish trend: the price broke symmetric triangle pattern to above for the primary bullish market condition to be continuing. The price is ranging within the following key support/resistance levels: 2...
The greenback has risen to a seven-month high against the euro on Tuesday with several financial companies predicting euro-dollar parity in the near future...
Data released earlier by the ZEW institute showed that German investor confidence has bounced back. The euro, however, showed a muted reaction to the report...
On Tuesday official data showed that consumer price inflation in the U.K. remained in negative territory for the second straight month in October, which highlights worries over deflationary pressures and a view that interest rates will remain unchanged at record-lows in the near future...
The Aussie advanced on Tuesday after minutes of the central bank's November board meeting noted there was room for further easing, although with overall conditions accomodative...
The dollar was higher on Monday, although the New York Federal Reserve’s index of manufacturing conditions contracted for the fourth straight month in November, dampening optimism over the strength of the economy, official data showed earlier...
The shared currency remained under pressure on Monday, although data showed that consumer price inflation in the euro zone rose unexpectedly last month...
We don’t have a trade idea coming into the session as it is Monday with a very light economic calendar, and we will wait to see what kind of tone is set to begin the week. As always I suggest for you to kick-start the week by reading my currency update below...
The yen was higher on Monday despite disappointing GDP data that emphasized the world's third largest economy is still struggling...
The euro dropped on Friday after a batch of economic data coming from the euro area. Eurozone GDP missed expectations, rising just 0.3% in the third quarter...
The yen declined on Friday as investors digested comments from Federal Reserve officials for hints at prospects of a rate hike next month...
The euro was hit on Thursday by the political turmoil in Greece as citizens protest against Greece’s third bailout. The country has until Monday to reach a compromise, and unlock €2bn in loans plus €10-bn to recapitalize its banking sector...
The euro was slightly higher against the dollar after official data showed that German consumer price inflation remained unchanged last month, matching analysts' expectations...
The Aussie jumped in Asia on Thursday after data showed a huge rise in jobs last month. The yen was slightly weaker after mixed data...
The US Treasury Department announced plans to issue new banknotes featuring a woman. The redesigned note will debut in 2020 to mark the 100th anniversary of the US Constitution's 19th amendment, which gave women the right to vote...
