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The USD/CAD extended gains to trade well above 1.25 levels on a weak Canadian Ivey PMI data and an upbeat US ISM non-manufacturing data. USD/CAD rises to 1.2550 The pair rose to 1.2550 as the CAD suffered a double blow in the form of weak data and falling Crude prices...
FXStreet Analyst, Craig Drake,reviews the US ADP Employment data release, noting that the report reflects the negative effect on falling oil prices on hiring and payrolls...
Valeria Bednarik, Chief Analyst at FXStreet, comments that technicals suggest AUD/USD outlook remains bearish in the short-term, expecting the pair to resume its decline one a break of 0.7735 levels...
Gold in EUR terms advanced today to trade above EUR 1100 levels as the markets ignored upbeat PMI data in the Eurozone, while favoring the ongoing political developments in Greece. Safe haven appeal The yellow metal advanced 1.12% to EUR 1110...
EUR/USD continues to give away part of Tuesday’s gains, now returning to the area of 1.1430, or session lows. EUR/USD focus on US calendar Spot has already retraced over a big-figure since yesterday’s tops around the mid-1...
The greenback advanced versus the loonie on Wednesday following 2 days of losses and a 2-week low, as oil reversal underpinned USD/CAD. USD/CAD bottomed out at 1...
Chinese banks are among those in talks to take part in the replacement for the century-old gold fixing benchmark...
FXStreet Editor and Analyst, Omkar Godbole, views that WTI Crude might resume its fall on supply concerns, expecting today’s numbers to show an increase in supply by 3.7 million barrels, adding to the 6 million barrels increase already reported by the API...
According to a fresh study by a market research group GfK, Europeans look set to spend more money throughout 2015. Retailers, however, will hardly get enough profit...
The shared currency remains in the red territory today with bullish attempts in EUR/USDbeing so far limited by the 1.1460 area. EUR/USD eyes on ADP, US data The pair continues to trade in the mid-1...
GBP / EUR: Forecast for 2015 from banks Barclays, HSBC LIoyds, Morgan Stanley, Nomura, RBS, Scotiabank An excerpt of the seven banks. Median, Minimum, Maximum. PS: indicators that you can use in your trading system. Good Luck...
On Wednesday the pound sterling traded higher vs the greenback after data showing the U.K. service sector output grew at a faster than expected rate in January after slowing at the end of last year...
Greek Finance Minister Yanis Varoufakis extended his 'European tour' on Wednesday to Frankfurt, where he met European Central Bank (ECB) President Mario Draghi to discuss the possibility of debt relief for the embattled country...
On Wednesday the greenback was broadly higher vs peers, as market players worried over Greece's plans to renegotiate its bailout, while keeping an eye on upcoming U.S. jobs and service sector data. The euro slipped lower despite upbeat...
Jane Foley, Senior Currency Strategist at Rabobank, forecasts USD/CAD to move towards 1.28 levels over the next 3 months, citing CAD’s sensitivity to oil prices...
According to BofA-Merrill Lynch, Fed might hike rates by 25bp in September, and follow with similar hikes at its other meetings, in spite of inflation remaining below the Fed’s target...
Chinese e-commerce giant has started testing delivery drones in three major cities, seeking to overcome logistics barriers in the country and creating competition to Amazon...
WTI Oil futures on NYMEX snapped its three-day rally and declined today, moving away from fresh monthly highs as traders remain cautious ahead of a US inventory report. WTI below USD 52/ barrel Currently, WTI oil trades 3.06% lower at USD 51...
Gold prices extended gains to trade above the 50-week average located at USD 1266.25/Oz levels after China announced a cut in its reserve requirement rate...
