Forex News
German ZEW Overview
The ZEW will release its Economic Sentiment Index for the next six months for Germany, as well as the Current Situation Index at 1000 GMT in the EU session...
• The USD struggles to build on the overnight upsurge and fails to provide any impetus.
• Weaker sentiment around oil prices undermine Loonie and remained...
UK Jobs report overview
The UK labor market report is expected to show that the average weekly earnings, including bonuses, in the three months to October, are expected to remain...
Karen Jones, Head of FICC Technical Analysis, offers the technical view for trading EUR/GBP in the day ahead.
Key Quotes:
• Cautious mood underpins JPY’s safe-haven demand and exerts some pressure.
• Subdued USD price action fails to assist the pair to build on the overnight...
GBP/USD continues to trade at one-and-a-half year lows
ForexLive
Price is now trading below the June 2017 @ 1.2587, hovering around 1.2570 as European trading begins. The pound was...
GBP/USD remains trapped just above 1.2570, and a cautious recovery from Monday's bottom at the 1.2500 handle sees the Cable mixing with the 200-period moving average, implying...
PM May’s refusal to submit her Withdrawal Proposal to the UK parliament yesterday will see plenty of Brexit rhetoric in the headlines today amid a highly active macro calendar...
Macro data continues to point the Aussie's nose into the low end.
Trade war fears represent a continuous bearish presence for the AUD/USD pairing.
Slumping growth figures...
Forex today witnessed a cautious trading in Tuesday’s Asian session, despite revival of trade talks between the US and Chinese officials, as French and UK political...
EUR/USD is trapped in a symmetrical triangle as brexit woes and French protests hurt Euro’s upward price momentum.
According to reporting by Bloomberg, UK Prime Minister Theresa May is taking a throw of the dice to try and salvage her Brexit withdrawal proposal by intentionally leaving not...
The bull flag breakout seen in the USD/JPY's 15-minute chart indicates a resumption of the rally from 112.60 and has opened up upside toward 113.85 (target as per the measured...
PM May's refusal to submit her Withdrawal Proposal to the UK parliament yesterday will see plenty of Brexit rhetoric in the headlines today.
Earnings data is on the docket,...
EUR/USD is trapped in a symmetrical triangle.
Brexit uncertainty capped upside in the EUR/USD pair yesterday.
A breakout may happen today as markets may offer USD on Trump...
USD/CAD may continue to recover on interest rate differentials, but technical positioning hints at downside momentum. Will this attempt find follow-through?
The U.S. dollar slipped on reports that Beijing and Washington are preparing their next stage of trade talks.
Meanwhile, the British pound remained near 20-month...
In the view of Sean Callow, Senior Currency Strategist at Westpac, AUD/NZD is set to recover ground in the first quarter of 2019.
Key Quotes:
The recent reports crossing the wires, via Reuters, note that the Reserve Bank of India (RBI), the Indian central bank, is reportedly selling the US dollars via the state-run banks...
Over on the hourly chart, the AUD/USD pair charted a bullish divergence of the relative strength index (RSI) earlier today and is now chipping away the upper edge of the...
The Indian National Rupee (INR) has come under pressure in early trade as exit polls in the state elections are auguring badly for Prime Minister Narendra Modi's ruling party...
(Bloomberg) -- Indian assets declined as investors reacted to the shock exit of the central bank Governor Urjit Patel and as early trends showed the ruling Bharatiya Janata Party...
By Stanley White TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday that any discussion with the United States over foreign exchange would take place between his...
By Shinichi Saoshiro TOKYO (Reuters) - The pound languished near 20-month lows against the dollar on Tuesday after British Prime Minister Theresa May postponed a crucial vote on...
The pullback from the NZD/USD pair from the recent high of 0.6969 has likely run out of steam. A break above 0.6904, however, is needed to put the bulls back into the driver's...
Brexit news propelled EUR/GBP prices higher despite technical bearish signs. If August 2018 highs are breached, bullish confirmation may result in testing August 2017 highs...
Analysts at Rabobank offer their view on trading the EUR/USD pair for the months ahead.
Key Quotes:
Gold is mildly bid in Asia, possibly tracking losses in the greenback.
Investors continue to add bullish bets, risk reversals show. So, 200-day moving average (MA) of $1,255 could...
The USD/CNH pair is currently trading at 6.91 - up 1.24 percent from the recent low of 6.8256.
On the hourly chart, the relative strength index (RSI) has diverged in favor of the...
A quick snippet from an overnight Rabobank note on EUR 9bolding is mine):
Told ya it was a quickie