0.0 00 US index futures drop, indicate weak opening on Wall Street FXStreet (Mumbai) – The major US equity index futures fell, indicating losses are on the way for a fifth consecutive session, after Chinese equity …
Read More »GBP/USD bounces off 1.5500
0.0 00 GBP/USD bounces off 1.5500 FXStreet (Edinburgh) – The sterling is now gather further pace vs. the dollar, pushing GBP/USD back to the vicinity of 1.5530. GBP/USD attention to GDP figures The pair is following …
Read More »EUR/USD off highs, near 1.1060
0.0 00 EUR/USD off highs, near 1.1060 FXStreet (Edinburgh) – After reaching 2-week tops near 1.1120, EUR/USD has now surrendered some gains and is now retreating to the 1.1065/60 band. EUR/USD boosted by risk appetite The …
Read More »United Kingdom CBI Industrial Trends Survey – Orders (MoM) declined to -10 in July from previous -7
0.0 00 United Kingdom CBI Industrial Trends Survey – Orders (MoM) declined to -10 in July from previous -7 FXStreet.com (Barcelona) For more information, read our latest forex news. United Kingdom CBI Industrial Trends Survey – …
Read More »USD/CAD flirting with 1.3 handle
0.0 00 USD/CAD flirting with 1.3 handle FXStreet (Mumbai) – The USD/CAD pair is trading around 1.3 handle, after having recovered from the low of 1.2979 as the moderate weakness in oil restricted gains in the …
Read More »GBP/USD short-term target remains 1.5404 – Commerzbank
0.0 00 GBP/USD short-term target remains 1.5404 – Commerzbank FXStreet (Edinburgh) – According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the short-term target for the pair remains the 200-d MA at 1.5404. Key …
Read More »USD/JPY well supported near 122.90 – OCBC Bank
0.0 00 USD/JPY well supported near 122.90 – OCBC Bank FXStreet (Edinburgh) – Emmanuel Ng, FX Strategist at OCBC Bank, argues that pullbacks could be well contained around 122.90. Key Quotes “Nervous global sentiment may continue …
Read More »German economy does look solid – ING Bank
0.0 00 German economy does look solid – ING Bank FXStreet (Edinburgh) – Analyst at ING Bank Carsten Brzeski reviewed the recent figures from the German IFO indicator for the current month. Key Quotes “Even if …
Read More »FTSE trades flat, miners hold ground
0.0 00 FTSE trades flat, miners hold ground FXStreet (Mumbai) – The London’s Ftse index trades sideways on Monday as risk-on sentiment took a hit by renewed sell-off in Chinese markets. However, mining stocks, which are …
Read More »DAX drops 1% on rising euro, shrugs off Ifo
0.0 00 DAX drops 1% on rising euro, shrugs off Ifo FXStreet (Mumbai) – Germany’s benchmark index, the DAX opened the week on a bearish tone with a negative gap of 55 points, tracking US and …
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