German Consumer Confidence Set To Weaken In April German consumer confidence is set to fall in April on global risks, survey data from GfK showed Thursday. The forward-looking consumer sentiment index dropped to 9.4 from 9.5 points in March. It was forecast to remain unchanged at 9.5...
German Import Prices Decline Most Since 2009 Germany's import prices decreased at the fastest rate in more than six years during February, as lower energy prices continued to dampen inflationary pressures, preliminary data from Destatis showed Thursday. The import price index dropped 5...
GBP/USD Trades Below 1.41 Ahead of UK Data GBP/USD stays on the back foot below 1.41 handle with traders awaiting UK retail sales data release followed by US durable goods orders release in the US session...
EUR/USD Slips Further to 1.1160 The offered tone is now picking up pace around the single currency, dragging EUR/USD to test fresh lows in the 1.1165/60 band...
Gold Recovers From Fresh One-Month Low Set in Asia Gold prices clocked a fresh one-month low of $1214.73 in Asia before trimming losses to trade around $1219/Oz levels with investors eyeing key data releases in the US...
EUR/USD - Slide Stalls After Four Day Losing Streak EUR/USD has recovered from Asian session low to trade largely unchanged on the day around 1.1175 as bears are taking a breather following the pair's four day losing streak. Trades above 23.6% Fibo support The pair sits just above 1.1173 (23...
European Economics Preview: U.K. Retail Sales Data Due Retail sales from the U.K. and consumer confidence from Germany are due on Thursday, headlining a busy day for the European economic news. At 3.00 am ET, German GfK consumer confidence survey results are due...
Singapore Feb Industrial Production Falls More Than Forecast Singapore's industrial production decreased at a faster-than-expected pace in February, after rising slightly in the previous month, preliminary figures from the Economic Development Board showed Thursday. Industrial production fell 4...
EU Referendum: Row Over Claim Brexit Would Push Up Bills Supporters of leaving the EU have said claims by Energy Secretary Amber Rudd that total household bills could rise by as much as £1.5m a day are "absurd...
Dollar Rise Hits Commodities as Fed Talks of Tightening The dollar advanced for a fifth straight session on Thursday, pressuring commodities and Asian shares after yet another Federal Reserve official talked up the chance of more than one increase in U.S interest rates this year...
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The UK referendum is three months away. Three-month options are a common benchmark for various market segments; from speculators, to fund managers to corporations. Events over the past week have raised the risks that the UK votes to leave the EU...
Price Of Gold Pulls Back Sharply Amid Dollar Strength After ending the previous session moderately higher, the price of gold showed a substantial move back to the downside during trading on Wednesday. Gold for April delivery tumbled $24.60 to $1,224 an ounce after ending Tuesday's trading up $4...
GBP/USD Coming a Cropper this Week on Brexit Fears GBP/USD has taken a beating, falling this week from 1.4395 meeting a low of 1.4095 so far with strong momentum...
EUR/USD Falls for the Fourth Day in a Row EUR/USD printed a fresh daily low during the American session at 1.1159, hitting the lowest level since last Wednesday, when the Federal Reserve announced its decision on monetary policy...
AUD/JPY: Downside Held Up by USD/JPY AUD/JPY has lost out to market's risk aversion and has penetrated the 85 handle to the downside now, testing levels below 84.80 support. AUD/JPY plummeted along with the Aussie from the 0.76 handle to deep levels on the 0.75 handle (0...
Dollar Adding To Recent Strength The dollar is gaining ground against its major rivals Wednesday afternoon, continuing a trend that began at the end of the previous trading week...
NZD/USD: Pressure on the Pair is Increasing Following minor rise in the pair NZD/USD at the beginning of the Asian session caused by the report of the dairy company Fontera, the NZD continued to decline against the USD. Support level is at 0...
NZD/USD: NZD is Under Pressure On Wednesday the largest dairy company of New Zealand “Fonterra” reported the rise in net profit, which was 409 million NZD in the past 6 months compared to 184 million NZD for the previous period. However, this news did not boost the rise in the NZD...