EUR/USD climbed higher to clock fresh session highs at 1.1355 levels in the mid-European session, despite mixed PMI numbers from the Euro zone. Upside restricted on Greek concerns The EUR/USD now trades at 1.1344 levels, higher by 0.51% on the day...
On Monday crude oil futures were heavily pressured, as fears over the global economic outlook and the impact on future oil demand prospects undermined the commodity sentiment...
The European Central Bank (ECB) member Benoit Coeure said today that the bank would begin its bond purchases in the first two weeks of March...
AUD/USD broke momentarily above 0.7800 during the European session and printed a fresh daily high at 0.7811, but then lost strength and pulled back below. Currently the pair is hovering around 0...
On Monday the pound recouped its losses against the greenback, supported by upbeat manufacturing activity data from the U.K. although investors remained cautious amid ongoing concerns over Greece...
After dipping to session lows around 1.5040/30, GBP/USD is now back near 1.5070 after the release of the manufacturing PMI. GBP/USD trims losses The pair is back to the positive territory after the manufacturing PMI in the British economy surprised investors in January, advancing to 53.0 vs...
European stocks rose Monday, as upbeat Spanish manufacturing data overweighed concerns over Greece's future in the euro zone...
The European Central Bank (ECB) board member Benoit Coeure, while speaking in Budapest, said that the ECN’s sovereign QE program buys time for Eurozone government’s to implement structural reforms...
The seasonally adjusted Markit Spain Purchasing Managers’ Index rose to 54.7 in January from 53.8 in December. According to the Markit survey, manufacturing production increased sharply at the start of the year, with the rate of growth picking up since December...
A leading Bitcoin company in Australia, DigitalBTC says that it has dissolved a supply agreement with cloud mining service CloudHashing...
On Monday the Australian dollar continued its gains despite disappointing manufacturing data from China. In China, the HSBC January manufacturing PMI us came in at 49.7, lower than the flash estimate of 49.8...
NZD/USD steadied in the European morning, although trading in a very narrow range as market look for fresh triggers ahead of a slew of NZ data in the week ahead. Consolidates between 0.7246 - 0.7274 levels Currently, the NZD/USD traded flat at 0...
The sterling is posting marginal gains vs. the greenback at the end of the Asian trading hours, with GBP/USD hovering over 1.5070. GBP/USD eyes on PMI After a promising start, spot managed to clinch the 1...
EUR/USD defends mild gains in the early European morning, extending its consolidation phase around 1.13 handle from the last week as traders eye PMI readings from Euro area economies later in the session. EUR/USD stuck at 5-DMA The EUR/USD now recovers from fresh session lows and trades now at 1...
According to the recent data, Chinese manufacturing weakened, sending Asian stock markets lower on Monday. Oil swung...
Gold prices on Comex steadied in early European morning, having posted its biggest monthly gain in three years on Friday after weaker-than expected US GDP data spooked the markets. Currently, gold trades higher by 0.10% at 1279.80 levels, retreating from 1285.40 levels hit on Friday last week...
GBP/JPY trimmed gains from the previous session, heading towards the European opening bells as the yen recovers partial losses versus the greenback. Back above 177 levels Currently, the GBP/JPY cross traded at 177.39 levels, up 0.21% on the day, moving away from day’s low posted at 176.50...
Charles St-Arnaud, Research Analyst at Nomura, comments on the recent Canadian macro data release, and further notes that the current contraction in production suggests the BoC might cut rates further in March. Key Quotes “Monthly GDP decreased 0...
The Market Strategy Team at UOB Group, comment that EUR/USD’s consolidation appears to be on the verge of completion and the pair might rebound to 1.1350 before heading lower towards 1.1260. Key Quotes "The recent bout of sideway consolidation appears to be close to completion...
AUD/USD remained unaffected by the bearish Australian commodity prices index which showed continued drop in commodity prices. Up from 0.7770 levels Currently, the AUD/USD trades higher by 0.32% at 0.7790 levels, inching towards 0.7800 levels...