Read More Gold at Key Support, May Bounce on Cooling US Economic Data
Posted in FX News | Tagged at, bounce, cooling, data, economic, gold, key, may, on, support, us
This week was mainly characterized by a shift in sentiment as we went from generally mild risk positive tone to one in which investors showed renewed worries around global growth expectations with data from China and Europe disappointing. The result was a flight from higher yielding commodity linked currencies like the Read More 5 Key [...]
Posted in FX News | Tagged 5, and, chinese, copper, data, equities, for, german, key, next, periphery, risk, themes, us, week, yields
In today’s Opening Comment we defer completely to the technical side of things and focus on some of the most important markets right now… Read More Technical Outlook of Key Markets to Watch Over Coming Sessions
Posted in FX News | Tagged coming, key, markets, of, outlook, over, sessions, Technical, to, watch
The comments from BHP Billiton regarding softening demand in China for Australia?s iron ore sparked risk aversion in financial markets and pressured commodity currencies in Tuesday?s session as it renewed fears that the Chinese economy will slow at a faster rate than anticipated. Read More Preview China HSBC Manufacturing PMI Key To Commodity And Risk [...]
Posted in FX News | Tagged and, china, commodity, hsbc, key, manufacturing, outlook, pmi, preview, risk, to
Read More AUDUSD 10420 Serves as Key Pivot
Posted in FX News | Tagged 10420, as, audusd, key, pivot, serves
Read More NZDUSD 8060 is Key to Near Term Bull Trend
Posted in FX News | Tagged 8060, bull, is, key, near, nzdusd, term, to, trend
FXstreet.com (San Francisco) – Yesterday, GBP/USD failed to sustain a break of support at 1.5650… For more information, read our latest forex news. Read More Forex GBP USD trades around 15700 ahead of key UK jobs data
Posted in FX News | Tagged 15700, ahead, around, data, forex, gbpusd, jobs, key, of, trades, uk
FXstreet.com (San Francisco) – Indian markets have reopened after a holiday yesterday, and USD/INR… For more information, read our latest forex news. Read More Forex USD INR challenge of key resistance at 5095 expected in weeks ahead Commerzbank
Posted in FX News | Tagged 5095, ahead, at, challenge, commerzbank, expected, forex, in, key, of, resistance, usdinr, weeks
FXstreet.com (San Francisco) – The Euro is seen gaining across the board this Friday, recording its… For more information, read our latest forex news. Read More Forex EUR CAD approaching key Fibo resistance
Posted in FX News | Tagged approaching, eurcad, fibo, forex, key, resistance
In light of the recent volatility in the currency market, the short-term moving averages point to a key reversal for the majors as the recent rally in risk tapers off. Meanwhile, the recent rebound in the EURCAD may develop into a larger trend as the pair continues to mark higher highs paired with lower highs, [...]
Posted in FX News | Tagged averages, defines, eurcad, for, key, majors, moving, new, shortterm, trend
