0.0 00 USD/JPY: Bulls see exhaustion around 124.50 FXStreet (Mumbai) – The USD/JPY pair ran into offers around 124.50, a level where the pair flamed out twice in June. USD/JPY: Tracks treasury yield The stability in …
Read More »GBP/USD: negative bias unchanged – Commerzbank
0.0 00 GBP/USD: negative bias unchanged – Commerzbank FXStreet (Edinburgh) – The pair’s stance remains tilted to the bearish side, according to Karen Jones, Head of FICC Technical Analysis at Commerzbank. Key Quotes “GBP/USD remained under …
Read More »GBP/USD off highs, near 1.5575
0.0 00 GBP/USD off highs, near 1.5575 FXStreet (Mumbai) – The British pound retraced a spike to session highs versus the US dollar in the European session, bringing GBP/USD back near 1.5575 levels, as sterling was …
Read More »Impact of Mrs Watanabe in FX down by more than 90% – Nomura
0.0 00 Impact of Mrs Watanabe in FX down by more than 90% – Nomura FXStreet (Bali) – According to Nomura, the impact of Mrs Watanabe type of trading in FX has declined by more than …
Read More »EUR/USD drops below the May low
0.0 00 EUR/USD drops below the May low FXStreet (Mumbai) – The EUR/USD pair was offered at 1.0834 on Tuesday, pushing it below the low of 1.0817 witnessed in May 2015. USD strengthens on Fed official’s …
Read More »IBM Tanks on Quarterly Earnings
0.0 00 Overnight, International Business Machines, better known as IBM (NYSE: IBM) reported their quarterly earnings. They beat estimates, but thanks to a volatile US Dollar and declining legacy business, missed growth in key ventures like …
Read More »Short NZD/USD, target 0.62, stop 0.68 – BNZ
0.0 00 Short NZD/USD, target 0.62, stop 0.68 – BNZ FXStreet (Bali) – The BNZ Currency Research Team has entered a short NZD/USD trade at current spot (0.6605) targeting 0.62 with a stop at 0.68. Key …
Read More »Video: AUD/USD – The Aussie Dollar Continues to Trade Quietly
0.0 00 The interim support we were watching in the AUD/USD Forex market gave way and the Australian Dollar lost some ground. The Aussie found some support at 0.7418, this has since been broken and the …
Read More »Gold bears in control, struggling around $ 1100
0.0 00 Gold bears in control, struggling around $ 1100 FXStreet (Mumbai) – Gold prices on Comex sits near fresh five-year lows in Asian trading, extending its prolonged weakness over the past one week as heightened …
Read More »Nikkei leads Asian stocks higher, Shanghai bucks the trend
0.0 00 Nikkei leads Asian stocks higher, Shanghai bucks the trend FXStreet (Mumbai) – Asian markets edged higher on Tuesday, with the Nikkei leading from the front mirroring gains from US markets which stood at record …
Read More »