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Crude oil prices fell further on Tuesday and closed slightly lower despite having bounced from fresh 6-year lows sub $37.00 a barrel. WTI had a volatile session, oscillating between $36.64 and $38.58 a barrel, before settling at $37.52, down 0.28% on the day and posting its third loss in a row...
The UK currency weakened against most of its major peers, but gained against the CAD, as falling oil prices sent the commodity-related currency to its lowest level in over 11 years against the greenback. GBP/CAD advanced for a second day in a row and posted a fresh 2-month high of 2.0424...
The euro finished higher against the yen on Tuesday and it continued to consolidate above 133.00. EUR/JPY peaked at 134.00 during the American session and finished trading around that level. EUR/JPY technical outlook Last week it peaked above 134.50 and then pulled back...
USD/JPY is currently trading at 123.05 with a high of 123.40 and a low of 122.71. Despite the Japanese GDP in Q3 with the real GDP growth in Japan being revised upwards to an annualized expansion of 1.0% from an initially reported contraction of -0...
Gold recovered some ground on Tuesday, ending the day slightly higher at $1,075 an ounce while investors adopt a cautious stance ahead of the Federal Reserve decision on rates next week...
EUR/USD printed a fresh daily high recently at 1.0902 but if failed to continue to rise above 1.0900 and pulled back modestly below. It was trading at 1.0890, 55 pips above the level it closed yesterday...
USD/CAD pulled back from fresh 11-year highs above 1.3600 as the loonie took back losses in tandem with oil prices, although the relief was short-lived. USD/CAD retreated from a peak of 1.3621 but the downside was contained by the 1...
EUR/JPY pair continues trading range bound, ending the day slightly higher amid EUR's strength, although with the pair still unable to firm up above the 134.00 figure...
Analysts at Deutsche Bank explained that since October 2014, the Norges bank has cut the policy rate by 75 basis points, with the last easing in September of this year accompanied by a very aggressive revision to the repo rate forecast, implying an additional 24bp of easing and shifting out expec...
BoC Governor Stephen Poloz said the bank lowered its effective lower bound for Canada’s policy rate to around -0.5%. He said the BoC could adopt negative rates in the case of adverse shocks, but added such a move isn't now under consideration...
Karen Jones, chief analyst at Commerzbank noted that USD/JPY needs to hold above the 122.20 support for an upside bias to remain. Key Quotes: "The intraday Elliott wave counts are pretty neutral. Resistance is offered by the 123.77 the recent high. Above here will target 125...
GBP/USD is on the offer on the 4hr chart although is finding some demand below the 1.50 handle to trade currently at time of writing back on 1.5030...
According to analysts from Brown Brothers Harriman the opposition victory in Sunday’s election in Venezuela is a potential game changer but the economic challenges and adjustments lie ahead...
Analysts at Nomura explained that Japanese investors’ foreign portfolio investment activity remained strong in November. Key Quotes: "The pace of foreign portfolio purchases slowed from the previous month, but foreign investment momentum remains strong...
- EUR/GBP is about to post the highest daily close since October 21 as it continues to trade above 0.7250. A weak pound boosted the pair that broke above 0.7250 and climbed to 0.7279, new monthly high...
Morgan Stanley is going to recruit Credit Suisse Group AG’s U.S. brokers for Latin America: recruitment bonuses will be offered to 35 CS brokers who are managing the clients in the different latin America's countries. This employment is expected in the first half of 2016...
Christmas is knocking. Every traders are trying to earn more profit from forex market to celebrate this holy festival. That’s why few good brokers also offering some amazing bonus to increase traders benefit. Let’s see, which type of bonus are offering by FXCC...
The Royal Bank of Scotland estimated the most interesting pairs to trade and their directions of the price movement in a medium-term situation and for long-term in 2016. The EUR/USD price was estimated as a short in a medium-term and for 2016 as well: second pivot support level (S3 Pivot) at 0...
The Norwegian krone is sharply lower vs. the single currency during the first half of the week, lifting EUR/NOK to fresh highs around 9.6100 the figure...
The Norwegian krone is sharply lower vs. the single currency during the first half of the week, lifting EUR/NOK to fresh highs around 9.6100 the figure...
