Khurram Mustafa / Perfil

The dollar gathered momentum and dragged EUR/USD to fresh lows sub-1.0950 despite the latest string of US data came in the soft side. US factory orders fell 1.0% in September against a decrease of 0.9% expected, while prior months’ were revised down to -2.1% from -1.9...

The slide in the GBP/USD stalled, making way for a minor correction after the US reported a drop in its factory orders in October, along with a fall in IBD/TIPP economic optimism index. Back above hourly 100-MA The spot is now back above its hourly 100-MA at 1...

The greenback keeps the upbeat tone vs. the Japanese currency on Tuesday, nw sending USD/JPY to session tops in the boundaries of 121.20...

EUR/CHF sellers stood their ground and buyers retreated in recent sessions as MACD (26, 12, 9) has fallen off below its median line. On a 4hr chart, this technical condition may be taken by many trend-following traders as a trigger to liquidate long positions...

prices in EUR terms are trading around the previous session’s low of EUR 1026.13, but stay relatively resilient compared to Gold (USD) on account of a drop in the EUR/USD pair...

Senior Analyst at Danske Bank Signe Roed-Frederiksen has assessed the recent figures from the key indicator in the US economy. Key Quotes “The US manufacturing ISM for October declined to 50.1 from 50.2 (consensus expectations 50.0, Danske Bank 49...

Oil prices rallied despite the broad based USD strength ahead of the weekly supply data in the US. At the time of writing, the Brent futures were up 77 cents or 1.5% higher at USD 49.56/barrel, while WTI futures were up 95 cents or 2% at USD 47.09/barrel. The USD index rose 0...

RUSSIA The perspective for the Russian currency remains neutral for the time being, according to BofA Merrill Lynch Global Research. Key Quotes “We remain neutral on RUB, as our commodity team sees stable oil prices through yearend and with the CBR committed to buying USD if RUB falls below 60...

Analysts at ANZ explained that China’s official manufacturing PMI was unchanged at 49.8 in October (mkt: 50.0). Key Quotes: "It appears that the manufacturing activity is stabilising, albeit still in contractionary territory. The indicator has remained below 50 for three straight months...

EUR/GBP declines over recent weeks appear to have been temporarily stalled in the face of a bullish development. The MACD line is tracing higher lows, when compared to recent sessions...

AUDUSD has settled into a period of consolidation after yesterday's activity in Asia with a bid on the back of better than expected Chinese Caixan manufacturing PMI's for September at 48.3 vs 47.5 consensus and 47.2 previous...

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...

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...

The US central bank has clearly signalled that a first interest rate hike in December is not off the table yet. According to Thu Lan Nguyen, analyst at Commerzbank, the market is now focusing on US economic data, especially from the labour market...

The US central bank has clearly signalled that a first interest rate hike in December is not off the table yet. According to Thu Lan Nguyen, analyst at Commerzbank, the market is now focusing on US economic data, especially from the labour market...

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...

was rejected from daily highs above the 100-day SMA and pulled back to trade around opening levels as the dollar managed to trim some of its last sessions’ losses. GBP/USD climbed above the 100-day SMA and reached its highest level in 10 days, but faltered a few pips ahead of the 1.55 mark...

Prices for the West Texas Intermediate have recovered from session lows in the $45.60 area and are now trading in the mid-$46.00s per barrel...

The greenback, tracked by the US Dollar Index, is trading on the negative ground around 96.80/75 following the results in the US calendar. US Dollar weaker post-data The dollar remains unable to pick up pace today in spite of the better-than-expected results from today’s releases...

The drop in the gold prices appears to have stalled around USD 1134.15 (50% of July low-Oct high) after the US ISM data showed manufacturing activity stagnated in October. USD resilient So far, the markets have not reacted negatively to the weak US data...