Chief FX Strategist at Scotiabank Shaun Osborne keeps the neutral stance on the Sterling in the short term horizon. Key Quotes “It’s hard to be too constructive on the pound after the relative shellacking it has taken this morning”. “We had noted support around the 1...
After fluctuating in a 30-pip range in the first thirty minutes following the release of the NFP report from the United States, the AUD/USD pair started to trade calmly around the pre-data levels. At the moment, the pair is trading at 0.7603, up 0.22% on the day...
After the National Bureau of Statistics of Great Britain presented disappointing data on the foreign trade balance of Great Britain, and also on the level of industrial production for May, the pound declined in the foreign exchange market...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, July 7th The EUR/USD pair continues to consolidate its positions above the level of 1.14, after brief upside rally, triggered by by downbeat ADP jobs data...
On Thursday, the stock indices showed a single strengthened negative dynamic and closed in the red zone. The Dow Jones fell by 0.74% (21320.04), S&P 500 down 0.94% (2409.75). The Nasdaq declined 1.00% (6089.46). European markets also traded in negative territory in a single dynamics...
Custom apparel or screen printed apparel is a very effective and cheap means of advertising or showcasing business, product or ideal. In fact, it is one of the most popular desirable promotional productions available...
EUR/GBP continues to move on Thursday with a bullish bias on the back of a stronger euro across the board. The pair reached at 0.8817 a fresh weekly high. Then pulled back and currently is trading slightly above 0.8800...
USD ADP Non-Farm Employment Change...
After the unstable and insignificant growth last month, US stock indices seem to change their direction of movement and unfold "to the south...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, July 6th The EUR/USD pair regained its positive tone in early Europe, leaping above the level of 1.1350, as the US dollar has stalled its recovery in the second half of this week...
93.75% Probability That EURUSD Will Close Downside in July2017 I think EURUSD is getting ready to move in a low volatility ranging area then to change its direction to the downside because: USD is 1.25% interest rate while EUR is Zero. Negative Divergence between momentum oscillators and EURUSD...
GOLD: The commodity has halted its weakness and triggered a recovery higher as it lookd for more correction. On the downside, support comes in at the 1,215.00 level where a break will turn attention to the 1,210.00 level...
This week, investors will closely monitor the publication of a number of important macroeconomic data...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, July 5th The EUR/USD pair regained its positive tone in Asia, as traders remain cautious ahead the key risky event of this Wednesday...
The services sector activity in the UK economy extended deterioration for the second straight month, posting a slightly bigger-than expected drop in the month of June, a fresh report from Markit Economics showed on Wednesday. The services PMI slumped to 53.4 in June versus a 53...
Although the EUR/USD pair remained stuck in a tight 40-pip range on Tuesday, it is looking to close the third day in a row with losses. As of writing, the pair is trading at 1.1350, down 0.14% on the day...
Currently, USD/JPY is trading at 113.19, down -0.18% on the day, having posted a daily high at 113.47 and low at 112.74. Bulls were capped just below where offers were sited at 113.50 and N.Korea said that their first intercontinental ballistic missile test was successful. Gold inched up as N...
AUD/USD is consolidating post RBA losses as it remains unable to rally above 0.7600. Recently it climbed to 0.7615 but lost strength. Currently, it trades at 0.7605, 80 pips below Asian session highs...