Today
Dollar/yen slipped 1.4 percent last week, its sharpest decline in 2019. The yen took advantage of an unusually dovish Federal Reserve, which led to investors snapping up the safe-haven Japanese currency. Traders should keep a close eye on U.S. Final GDP for the fourth quarter, which could be this week's [...]
Sun, Mar 24, 2019
Source: Forex Crunch ( Latest News) Category: LATEST NEWS
EUR/USD climbed to a 7-week high during the week, but was unable to consolidate and ended the week with slight losses. The key events this week are German retail sales and inflation data, as well as U.S GDP. Here is an outlook for the highlights of this week and an [...]
Sun, Mar 24, 2019
Source: Forex Crunch ( Latest News) Category: LATEST NEWS
The British media is reporting about an attempt by several senior members of the ruling Conservative Party to oust PM Theresa May. Her de-facto Deputy David Lidington is touted as a replacement, perhaps at an interim capacity. Lidington said he is "100% behind the PM." The Times reports that several ministers [...]
Sun, Mar 24, 2019
Source: latest news ( fxsreet) Category: LATEST NEWS
USD/CAD moved higher last week, after posting gains late in the week. The key events in the upcoming week are U.S. and Canadian GDP. Here is an outlook for the highlights of this week and an updated technical analysis for USD/CAD. The Federal Reserve has been in dovish mode since [...]
Sun, Mar 24, 2019
Source: Forex Crunch ( Latest News) Category: LATEST NEWS
The Swiss franc is a safe-haven currency of sorts. Where can it go? Here is their view, courtesy of eFXdata: Dankse Research discusses its latest views on EUR/CHF and EUR/USD. Danske is neutral on EUR/CHF and bearish on EUR/USD in the near-term. “The Swiss National Bank (SNB) kept all policy [...]
Sun, Mar 24, 2019
Source: Forex Crunch ( Latest News) Category: LATEST NEWS
GBP/USD lost some ground last week, as the Brexit saga continues. It promises to be a busy week. The U.K. releases CPI and retail sales, and parliament will hold another vote over Brexit. Central banks will also be in focus, with the BoE and Federal Reserve expected to maintain the [...]
Sun, Mar 24, 2019
Source: Forex Crunch ( Latest News) Category: LATEST NEWS
Earlier
AUD/USD daily chart AUD/USD is trading in a bear trend below its main simple moving averages (SMAs). AUD/USD 4-hour chart AUD/USD is trading between the 50 and 100 SMAs suggesting a consolidation phase in the medium-term. A bear break below 0.7075 can lead to the 0.7050 support. Resistances are at 0.7100 figure and 0.7120 [...]
Fri, Mar 22, 2019
Source: latest news ( fxsreet) Category: LATEST NEWS
Special counsel Robert Mueller has concluded his investigation into whether the Trump campaign colluded with Russia during the 2016 election - So we are bound to hear more on this over this weekend and into next week. The Justice Department official said on Friday that the special counsel had submitted [...]
Fri, Mar 22, 2019
Source: latest news ( fxsreet) Category: LATEST NEWS
USD/CHF daily chart USD/CHF is trading in a sideways trend just above the 0.9900 level. USD/CHF 4-hour chart USD/CHF is trading below its main SMAs suggesting a bearish bias in the medium-term. USD/CHF 30-minute chart USD/CHF is trading below its 200 SMA suggesting a bearish bias in the short-term. A break below 0.9900 support should bring [...]
Fri, Mar 22, 2019
Source: latest news ( fxsreet) Category: LATEST NEWS
Sacha Tihanyi, Deputy Head of Emerging Markets Strategy at TDS, explains that the Mexican peso has been a top performer supported by carry and a compression in volatility across Emerging Markert, and warns positioning now appears to be skewed long MXN at record levels, which leaves the peso open to [...]
Fri, Mar 22, 2019
Source: latest news ( fxsreet) Category: LATEST NEWS
After rallying on the back of higher risk-sentiment due to this week's Federal Reserve news, the South African Rand steadied a little at the end of the week which made it easier for the British Pound to South African Rand (GBP/ZAR) exchange rate to rebound from its worst levels. Looking [...]
Fri, Mar 22, 2019
Source: Currency news Category: LATEST NEWS
Pound Australian Dollar (GBP/AUD) Exchange Rate Fluctuates as PM Granted Short Article 50 Extension The Pound Australian Dollar (GBP/AUD) exchange rate fluctuated this morning, and the pairing is currently trading at an inter-bank rate of AU$1.8478. On Thursday the pairing rose following the conclusion of the... [...]
Fri, Mar 22, 2019
Source: Currency news Category: LATEST NEWS
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.27% against the USD and closed at USD59.88 per barrel, amid global trade tensions. In the Asian session, at GMT0400, the pair is trading at 59.87, with … Continue reading → [...]
Fri, Mar 22, 2019
Source: GCI news ( Latest) Category: LATEST NEWS
Silver Movement For the 24 hours to 23:00 GMT, Silver declined 0.23% against the USD and closed at USD15.47 per ounce. In the Asian session, at GMT0400, the pair is trading at 15.48, with silver trading 0.06% higher against the … Continue reading → [...]
Fri, Mar 22, 2019
Source: GCI news ( Latest) Category: LATEST NEWS
Gold Movement For the 24 hours to 23:00 GMT, Gold slightly rose against the USD and closed at USD1315.00 per ounce, following the US Federal Reserve's dovish stance on future rate hikes. In the Asian session, at GMT0400, the pair … Continue reading → [...]
Fri, Mar 22, 2019
Source: GCI news ( Latest) Category: LATEST NEWS