Valeria Bednarik, Chief Analyst at FXStreet, notes that EUR/USD is gaining bearish strength post the release of a stronger than expected US NFP, further expecting that the pair may head lower towards 1.1100 levels on a weekly close below 1.1300...
NZD/USD fell more than 100 pips in a matter of minutes and printed a 2-day low in the lower 0.73’s after a strong US nonfarm payrolls report gave the greenback a boost. Nonfarm payrolls report showed the US economy created 257,000 jobs in January, beating expectations of 234,000...
The US dollar is trading higher after the good US employment report in January and against the Australian dollar, the pair is watching levels not seen in the day. The AUD/USD fell 95 pips from 0.7875 to trade at daily lows at 0.7780. Currently, AUD/USD is trading at 0.7800, down 0...
US Dollar Chart Positioning Continues to Warn of Downturn S&P 500 Remains in Consolidation Mode Under 2100 Figure Crude Oil May Be Readying to Turn Lower Anew Below $59 CRUDE OIL TECHNICAL ANALYSIS Prices pushed higher following a prolonged period of consolidation after bottoming as expected...
Gold prices trade steady around USD 1265/Oz levels as the markets await the monthly Non-farm payrolls data in the US; a gauge of labor market strength which is actively tracked by the Fed officials...
On Friday the greenback recovered against its peers, as investors anticipated the release of U.S. nonfarm payrolls data later in the day and as the previous session's jobless claims report lent support to the US currency...
AUD/USD rose during the Asian session and peaked at 0.7858, reaching the highest price since January 29 and then pulled back modestly. During the last hours it has remained steady trading around 0.7830, on a quiet session as traders await the US employment report...
The ECB might roll back its government bond purchasing program sooner than was signaled should inflation reach the targeted levels, the bank's Governing Council member Bostjan Jazbec told the WSJ...
The GBP/USD fell below the 50-DMA located at 1.5325 after the data in the UK showed the total trade deficit in December rose more than expected, along with a sharp rise in the trade deficit with non-EU members. GBP/USD remains above 1.53 So far, the pair has managed to sustain gains above 1...
The shared currency is now trading in the lower bound of the intraday range vs. the US dollar, sending EUR/USD to the 1.1440/35 region. EUR/USD eyes on Payrolls The pair remain above the 1...
USD/CAD edged higher in the mid-European session, recovering losses from the previous session on strengthening US dollar across the board. Focus on US and Canada’s labour report Currently, the USD/CAD pair traded higher by 0.21% at fresh session highs of 1...
Crude prices in the US eased from the high of USD 52.00/barrel, as concerns of the supply glut, coupled with little prospects of easing from China caps gains witnessed due to violence in Libya...
AUDUSD - With AUDUSD threatening further corrective recovery, bull pressure is envisaged. On the downside, support resides at the 0.7750 level where a breach will aim at the 0.7700 level. Below that level will set the stage for a run at the 0...
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...
The RBA Isn't Finished Loosening Monetary Policy The Reserve Bank of Australia released its latest quarterly monetary policy statement earlier in the Asia session...
Brent Oil futures on ICE rebounded sharply today, extending its recovery mode from six year lows, and is set to for a weekly increase amid falling output as tensions escalate in Libya. Eyes USD 59/ barrrel Currently, Brent oil trades 2.22% higher at USD 57...
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...
