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Reached a daily high at 1.1052 at the beginning of the New York session, but failed to hold gains and it has been slowly grinding lower over the last hours. EUR/USD retreated to the 1...
Currency
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Khurram Mustafa, 2 November 2015, 18:52
has been pressured below the 20 SMA on the hourly chart after a robust start to the week in Asia, despite the troublesome data from China and continued negative outlooks and implications for commodity prices. Also, NZ Finmin warns that RBNZ OCR will likely go down...
Currency
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Khurram Mustafa, 2 November 2015, 18:06
USDJPY advanced to fresh highs for the day as the greenback pick up pace over the last minutes, although it remains well within its last week range. USD/JPY broke above the 100-hour SMA and reached a daily peak of 120.77 in recent dealings. At time of writing, the pair was trading at 120...
Currency
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Khurram Mustafa, 2 November 2015, 17:52

ISM

The Institute of Supply Management’s (ISM) manufacturing gauge remained stalled or neutral in October on account of weak global demand. The ISM printed at 50.1, which is slightly above the expected figure of 50.00, but below September’s 50.2...
Currency
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Khurram Mustafa, 2 November 2015, 16:10
The Australian dollar entered a consolidation phase over the last hours following a positive response to Chinese data, as investors await the RBA policy decision due next Asian session. AUD/USD filed a downward opening gap and rose to a daily high of 0...
Currency
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Khurram Mustafa, 2 November 2015, 15:38
The shared currency held higher Monday as data showed growth in the eurozone manufacturing sector ticked higher in October...
Currency
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News, 2 November 2015, 11:29 #eur/gbp, forex news, EUR/USD
The British currency jumped Monday after official report said manufacturing activity in the U.K. rose at the fastest rate since June 2014 in October, supporting optimism over the country’s economic outlook and thus the case for higher interest rates...
Currency
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News, 2 November 2015, 10:57 #FTSE 100, GBP/USD, forex news
“If we are convinced that our medium-term inflation target is at risk, we will take the necessary actions,” Draghi said in an interview with Italian Il Sole 24 Ore published on Saturday...
Currency
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News, 2 November 2015, 08:59 #Mario Draghi, ECB, usd/jpy
The shared currency was higher Friday after official data signaled that Spanish recovery continued...
Currency
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News, 30 October 2015, 10:40 #GDP, GBP/USD, EUR/USD
The dollar dropped against the yen in Asia trade Friday, as local media said the government is drawing up a fresh fiscal stimulus in the form of a supplementary budget exceeding 3 trillion yen ($25 billion...
Currency
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News, 30 October 2015, 08:06 #Bank of Japan, Nikkei
The greenback saw a drop on Thursday, ahead of U.S. economic growth data due later in the global day. But losses remain capped since the Federal Reserve signaled yesterday there is a possibility for a rate hike as soon as December...
Currency
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News, 29 October 2015, 13:04 #GDP, usd/jpy, GBP/USD
The British currency edged lower Thursday after a batch of mixed data from the United Kingdom...
Currency
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News, 29 October 2015, 12:46 #Bank of England, eur/gbp
The yen advanced and the Australian dollar weakened on Thursday following series of domestic data and as the U.S. Federal Reserve signaled higher chances of a rate increase by the end of the year...
Currency
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News, 29 October 2015, 08:15 #usd/jpy
The dollar was mixed Thursday after the Federal Open Market Committee signaled there are higher chances of a rate hike by the end of the year, as it will monitor the international environment...
Currency
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News, 29 October 2015, 07:54 #FOMC, usd/jpy, GBP/USD
In effort to destroy the economy of Great Britain in 1940s, the Nazi government flooded it with counterfeit pounds in large quantity. The fake banknotes were printed by prisoners of forced labor camps in Auschwitz and Sachsenhausen...
Currency
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Muhammad Elbermawi, 29 October 2015, 05:14
Before the Swiss franc became the nationally recognized currency, there were about 75 different organizations in Switzerland which produced their own coins. They included 25 cantons, 16 towns, and several abbeys. Coins of 860 different types with various value and nominal were used in the country...
Currency
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Muhammad Elbermawi, 29 October 2015, 04:52 #forex
The U.S. dollar slid lower against its Canadian partner on Wednesday, pulling far from an one-month high as conclusion on the greenback was defenseless in front of the Federal Reserve's month to month approach proclamation due later in the day. USD/CAD hit 1.3223 amid ahead of schedule U.S...
Currency
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chia yin, 28 October 2015, 14:56 #forex
The pound sterling was lower Tuesday after the Office for National Statistics said the UK economy grew by just 0.5% in the third quarter of 2015, down from 0.7% three months earlier...
Currency
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News, 27 October 2015, 10:49 #eur/gbp, GBP/USD
The Canadian dollar remains a relatively neutral currency after the BOC’s recent communications, however there remains a slight bearish tilt on the currency until we see a further improvement in data...
Currency
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Sherif Hasan, 27 October 2015, 09:25
On Tuesday the yen was slightly higher in Asia trade with the latest Federal Reserve review of interest rates in focus...
Currency
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News, 27 October 2015, 07:58 #usd/jpy, GBP/USD, forex news