0.0 00 EUR/USD: continues to crack, hits session low of 1.0930 FXStreet (Mumbai) – The EUR sellers have been relentless in the European session, gaining more strength after the release of weaker PMI reports. The EUR/USD …
Read More »USD/JPY supported around 123.50 – OCBC Bank
0.0 00 USD/JPY supported around 123.50 – OCBC Bank FXStreet (Edinburgh) – Emmanuel Ng, FX Strategist at OCBC Bank, sees the pair well supported near 123.50. Key Quotes “Going ahead, any push higher by the USD-JPY …
Read More »GBP/USD off weekly lows, near 1.5490
0.0 00 GBP/USD off weekly lows, near 1.5490 FXStreet (Mumbai) – The offered tone around the GBP/USD pair remains intact during the mid-European session, now pushing the major slightly away from session lows, as the pound …
Read More »EUR/JPY drops on weak PMI figures
0.0 00 EUR/JPY drops on weak PMI figures FXStreet (Mumbai) – The EUR/JPY pair dropped to a session low of 135.52 after the preliminary Markit PMI data showed the private sector activity in Germany and across …
Read More »GBP/USD: initial target at 1.5407 – Commerzbank
0.0 00 GBP/USD: initial target at 1.5407 – Commerzbank FXStreet (Edinburgh) – In the opinion of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair could be headed towards 1.5407 (200-d MA) following the …
Read More »AUD/USD risks dropping below 0.70 – Westpac
0.0 00 AUD/USD risks dropping below 0.70 – Westpac FXStreet (Edinburgh) – Strategist at Westpac Robert Rennie hinted at the likeliness that AUD/USD could break below the 0.70 handle in the medium term. Key Quotes “Bottom …
Read More »EUR/GBP heading towards 0.68 in the medium term – Societe Generale
0.0 00 EUR/GBP heading towards 0.68 in the medium term – Societe Generale FXStreet (Edinburgh) – Researchers at Societe Generale expect the cross to slowly grind lower towards the 0.68 area in the upcoming months. Key …
Read More »European Monetary Union Markit PMI Composite came in at 53.7 below forecasts (54) in July
0.0 00 European Monetary Union Markit PMI Composite came in at 53.7 below forecasts (54) in July FXStreet.com (Barcelona) For more information, read our latest forex news. European Monetary Union Markit PMI Composite came in at …
Read More »European Monetary Union Markit Services PMI below forecasts (54.2) in July: Actual (53.8)
0.0 00 European Monetary Union Markit Services PMI below forecasts (54.2) in July: Actual (53.8) FXStreet.com (Barcelona) For more information, read our latest forex news. European Monetary Union Markit Services PMI below forecasts (54.2) in July: …
Read More »France Markit Manufacturing PMI below forecasts (50.7) in July: Actual (49.6)
0.0 00 France Markit Manufacturing PMI below forecasts (50.7) in July: Actual (49.6) FXStreet.com (Barcelona) For more information, read our latest forex news. France Markit Manufacturing PMI below forecasts (50.7) in July: Actual (49.6) Source: FXStreet
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