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On Thursday oil futures continued to climb after the rally was paused on Wednesday by the U.S. inventories report. The dollar weakened and Russia continued its military operations in Syria creating uncertainty in one of the world's largest oil producing regions, thus buoying prices for oil...
Market players now anticipate the release of the minutes from the Fed's September meeting due later in the day for hints on if policy-makers could raise short-term interest rates before the end of the year and on why they didn't do it last month...
NZD/USD: bearish. The pair is on bearish market condition for the secondary bear market rally to be started in the beginning of Augist this year: the price is moved within 0.6707 key resistance level and 0.6102 key support level...
On Thursday the British currency hit two-week high, while U.K. stocks were on track to break a six-session winning run, with miners leading the charge south after a recent sharp rally, as investors awaited the Bank of England meeting due later in the day...
Gold prices dipped on Thursday as Chinese markets came back to work after holidays while market players were awaiting Fed minutes from September meeting later in the day...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, October 8th NZD/USD slipped lower but remains close to its six-week highs currently changing hands at 0.6595...
Official data released earlier Thursday showed that exports in the Europe's largest economy suffered its biggest fall in exports since the dark days of the financial crisis...
The recent oil rally has helped two of Asia's most depressed currencies regain much-needed ground against the dollar...
Both the Australian and New Zealand dollars slipped Thursday as the dollar slightly recovered from the recent losses...
NZD/JPY: bearish. The pair is on bearish market condition with the secondary rally which was started in the beginning of Augist this year: the price is moved within 82.62 key resistance level and 71.28 key support level...
USDCAD: USDCAD’s key support located at the 1.3011 level held on Wednesday turning the pair higher on a rejection candle. This development leaves the immediate risk to the upside. On the downside, support lies at the 1.3000 level followed by the 1.2950 level...
Tomorrow, on Thursday, Bank of England Governor Mark Carney and his colleagues will release their assessment of the shrinking U.K. economy together with the latest policy decision...
The following are the latest technical setups for EUR/USD, USD/CHF, AUD/USD, and NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are bearish and would fade upticks in range against resistance in the 1.1320 area. Our initial downside targets are towards 1...
United Overseas Bank made a technical forecast concerning GBP/USD: "A break above the recent highs near 1.5245/50 could lead to a move to 1.5275/80 but the major 1.5310 resistance is unlikely to come under threat for now...
Crude oil prices pared back gains on Wednesday after the latest U.S. storage data showed a larger than expected domestic inventory build last week...
Prices for two key oil benchmarks - WTI and Brent - have been moving simultaneously for much of 2015, but soon the paths for the two benchmarks could diverge...