Despite lower-than-expected US GDP triggered risk aversion across the board, the Dollar has been unable to extend gains versus the Loonie as strong Canadian retail sales data supported the nation’s currency. … 41 Vote(s) Read More USD CAD fails to hold above 10400
Posted in FX News | Tagged 10400, above, fails, hold, to, usdcad
As expected, the Bank of Japan (BoJ) did not announce new easing measures in connection with today’s monetary meeting. The O/N target rate was left unchanged at 0.0-0.1%, the limit for its asset purchases programme was left unchanged at JPY20tr (expanded by JPY5tr at the previous meeting) and finally the Read More Bank of Japan [...]
Posted in FX News | Tagged bank, downside, hold, japan, of, on, risks, sees, still, substantial
The rebound in the EUR/GBP and the EUR/CAD may gather pace as both pairs maintain the range-bound price action from earlier this year, but the euro may trade heavy over the remainder of the week as market participants see the European Central Bank scaling back the rate hikes from earlier this year. Meanwhile, the Japanese [...]
Posted in FX News | Tagged cross, euro, gather, hold, pace, range, rates, strength, to, yen
The U.S. dollar is struggling to hold its ground on Friday, and the near-term correction in the greenback looks poised to gather pace as the reserve currency remains overbought. Meanwhile, the EUR/GBP and the EUR/CAD continue to offer range-bound price action and the euro crosses may trend sideways in the days ahead as European policy [...]
Posted in FX News | Tagged accelerate, correction, crosses, euro, hold, range, to, usd
Read More SNB Keeps Rates on Hold Lowers GDP dan CPI Forecasts
Posted in FX News | Tagged cpi, forecasts, gdp, hold, keeps, lowers, on, rates, snb
Ben Bernanke, chairman of the US Federal Reserve, had two clear messages for the markets in his much-awaited Jackson Hole speech on Friday. The problem was that neither were what traders wanted to hear. Read More Federal Reserve chairman Ben Bernanke tells US to hold the presses for now
Posted in FX News | Tagged ben, bernanke, chairman, federal, for, hold, now, presses, reserve, tells, the, to, us
Read More EURUSD Hold Short as Jackson Hole Approaches
Posted in FX News | Tagged approaches, as, eurusd, hold, hole, jackson, short
The prospect of US default and rating downgrade continues to weigh on markets. Having missed the ‘soft’ deadline of 22 July, the ‘hard’ 2nd August deadline next week marks the point that the Treasury believes the government will be unable to cover all of its obligations. This is now the Read More Markets Hold Breath [...]
Posted in FX News | Tagged as, breath, ceiling, deadline, debt, hold, looms, markets
FXstreet.com (C?rdoba) – The hegemonic currency was lifted above 1.4300 against the Greenback,… For more information, read our latest forex news. Read More Forex EUR USD fails to hold above 14300
Posted in FX News | Tagged 14300, above, eurusd, fails, forex, hold, to
FXstreet.com (C?rdoba) ? The rally of the USD/CAD from 0.9405 reached yesterday a 2-day high at… For more information, read our latest forex news. Read More Forex USD CAD fails to hold above 09500
Posted in FX News | Tagged 09500, above, fails, forex, hold, to, usdcad
