The common currency largely bypassed the German data release, with EUR/USDsidelining around 1.1460/65. EUR/USD keeps the red The demand for the euro remains subdued on Friday while markets are exhibiting the classic flat-line pattern pre-US Payrolls...
According to FXStreet Editor and Analyst, Omkar Godbole, GBP/USD might remain stuck in the 1.5260-1.5340 range till the North American session opens. Key Quotes “The GBP/USD pair extended gains to 1.5340 levels in the previous session after having breached the resistance zone at 1.52-1...
EUR/USD is shedding some of yesterday gains, focused on the US Payrolls although keeping the trade above 1.1400. “Intra-day, the pair may remain supported going into the US NFP tonight (1330 GMT) and a breach of 1.1500 may invite a test towards 1...
For the 24 hours to 23:00 GMT, the GBP rose 0.97% against the USD and closed at 1.5335, extending its previous session gains. Yesterday, the BoE made no changes in its monetary policy and maintained its key interest rate unchanged at a record-low of 0.5...
For the 24 hours to 23:00 GMT, the EUR rose 1.23% against the USD and closed at 1.1477, on the back of stronger than expected factory orders data in Germany, coupled with the European Commission's upbeat assessment about the Euro-economy. Data showed that German factory orders rebounded 4...
For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.9214. The Swiss Franc gained ground, after Switzerland's SECO consumer confidence data surprisingly improved to a reading of -6.0 in January, confounding market expectations of a fall to a level of -13.0...
The Bank of Tokyo-Mitsubishi UFJ FX Team offers his outlook int the EUR/USD for the week ahead. Key Quotes "The US dollar has lost some upward momentum early this month after very strong gains recorded in January...
Valeria Bednarik, chief analyst at FXStreet explained that GBP/USD trades near a fresh 5-week high of 1.5342 early in the Asian session. Key Quotes: "Boosted by broad dollar weakness and stronger than expected house prices in January in the UK according to the Halifax measure, which rose 2.0% m/m...
The common currency remains buoyant above the 1.1400 handle on Thursday, withEUR/USD attempting to consolidate around 1.1430. EUR/USD capped at 1...
USD/CAD is trading at 1.2430 with a high of 1.2588 and a low of 1.2407. USD/CAD has been unstable while the price of oil has been making a come back and a bottom is appearing to form...
The Canadian dollar has taken back yesterday’s losses versus the greenback, supported by a strong oil recovery and better than expected Canadian trade data. USD/CAD has lost more than 150 pips throughout the day, retreating from near 1.2600 to a low of 1...
AUD/USD failed to sustain gains above 0.7800 and pulled back at the beginning of the American session, trimming intraday gains. The Australian dollar reached a daily high of 0.7823 versus the greenback, but lacked follow-through and retreated toward the 0.7780 area in recent dealings...
On Thursday the dollar remained lower against the other major currencies, as a disappointing U.S. trade balance report weighed...
Jane Foley, Senior Currency Strategist at Rabobank, places the pair in the area of 0.7000 on a 12-month horizon. Key Quotes “The value of AUD/USD may have fallen sharply since July 2014 but Australia’s effective exchange rate has shown less movement”...
On Thursday the dollar dropped against the other major currencies, as market sentiment recovered from news the European Central Bank will no longer accept Greek government bonds from banks seeking funding and investors eyed U.S. data due later in the day...
For the 24 hours to 23:00 GMT, the AUD weakened 0.25% against the USD to close at 0.7758. Yesterday, a global investment bank downgraded Australia’s economic growth prospects and projected that the RBA would again cut its benchmark interest rate in May...
The European Central Bank’s (ECB) Peter Praet, in an interview with Les Echos, said the current rate of the EUR/USD better reflects the economic situation in the Eurozone than it did previously. Mr...
Adyen, the leading technology provider powering payments for global commerce in the 21st century, announces that it has integrated with the world’s leading Bitcoin payment processor BitPay...
Analysts at Westpac view that AUD/USD has made a top around 0.7850/0.7900 and further weakness might resume for the pair towards 0.7500. Key Quotes “We remain of the view that the AUD has potential for further weakness to 0...
According to FXStreet Editor and Analyst, Omkar Godbole, the EUR/USD pair is likely to rise to 1.14 levels, with technicals supporting the bullish gains. Key Quotes “The EUR/USD pair fell to 1.1390 levels after breaching the hourly 50-SMA, then located at 1.1410 levels...
