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Retracing the declines this week The USDJPY has traded to new session highs in the last 20 or so minutes and also gets close to retracing the falls from yesterday (into today). The highs from yesterday at 104.79 and 104.836 (also the high from Friday at 104...
More from Yellen Households are in much improved shape Low change US will be in recession at year-end Not likely Brexit will push US into recession Yellen is betting hard on the consumer...
S Crude Oil Inventories measures the change in the number of crude barrels held in inventory. The report is published each week. A reading which is higher than the market forecast is bullish for USD/CAD. Here are all the details, and 5 possible outcomes for USD/CAD...
EURUSD Daily Analysis URUSD (1.133): EURUSD closed bearish following the up gap on Monday as prices failed to break above the resistance near 1.140 – 1.1380. The ranging price action is likely to continue in the near term with the downside to 1.1294 – 1...
The pound is not alone in its reactions to the British EU Referendum. After all, it’s the EU and the euro-zone at stake here...
Trading strategies on the EU Referendum are piling up. Here is a totally different approach: not to trade it at all. Here is their view, courtesy of eFXnews: Overnight risk sentiment improved...
The opinion polls that had a clear momentum in favour of ‘Leave’ over recent weeks have indicated a shift with weekend opinion polls showing support has shifted back in favour of ‘Remain’. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
As a NAFTA signatory, Canada has a special trade relationship with the US and Mexico, although the bulk of trade, 74% of all exports and 55% of all imports is between the US and Canada...
British voters face a historic and critical choice about the future of the United Kingdom and the European Union on Thursday June 23...
The bears are back and this means safe haven flows. What’s next? Here is what the team at Morgan Stanley says: Here is their view, courtesy of eFXnews: The Bear is Back...
The Breferendum is just days away. Here is how to trade it according to Goldman Sachs: Here is their view, courtesy of eFXnews: Markets remain focused on the UK referendum and its implications for asset prices...
Presidential spokesman denies ceasefire report WTI crude is down more than $1, in part because of reports of a ceasefire between Nigerian government forces and oil militants. However, President Buhari's spokesman denied it. "If there is anything like that you'll be formally informed...
One comment sunk EURUSD down to 1.1263 "Further stimulus is in the pipeline" said the ECB head man, and the euro duly obliged by dropping a quick 30 pips. Of course, no one is really expecting any further action but the comment has caught some off guard...
It's taken a while but finally someone has managed to put forward some sensible reasoning on the EU vote Thumbs up to Andrew Lilico of Europe Economics for presenting some interesting analysis on one side of the argument, and Timothy Lee from Vox for bringing it to our attention...
It's been almost a month since I gave my own views on the Brexit saga so has anything changed? If you want to catch up, this was my post a month ago, just detailing how I saw things then...
GBPJPY: The cross closed higher on Monday and was seen following through higher as at the time of this analysis. On the downside, support comes in at the 154.00 level where a violation will aim at the 153.00 level. A break below here will target the 152.00 level followed by the 151.00 level...
Dear Traders, The British pound is exposed to extremely volatile trading conditions in the run-up to the U.K. referendum. Separate polls are showing leads for both sides, creating uncertainty among speculators...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, June 21st GBP/USD has broken through key resistance level of 1.47 this morning and now is testing three-week highs over this level...
German Constitutional court rules on OMT cases Backs OMT program with caveats These were some other challenges made by various parties and came after the main case was passed from the German court to the European Court of Justice, which also found no problems with the OMT program...
Peoples Bank of China out with their latest report 21 June 2016 hopes to keep economic growth within reasonable range expects mild acceleration in inflation will strictly control addition of industrial capacity will proactively deal with zombie firms...
