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Forex / Market News



Tue, 21 Nov 2017 15:58:36 Z

GBP/USD: intraday patterns look soft again and remains a fade - ScotiabankAnalysts at Scotiabank noted that sterling is little changed on the day and essentially range bound against the USD still.  Key Quotes: "The UK gove

Tue, 21 Nov 2017 15:35:45 Z

US Dollar around 93.90 post-US dataMeasured by the US Dollar Index (DXY), the greenback keeps the negative tone intact around the 93.90 area today in the wake of US data releases. US D

Tue, 21 Nov 2017 15:20:24 Z

The hardline Brexit camp does not trust Hammond - BBH"The UK Chancellor of the Exchequer Hammond is set to deliver his first Autumn budget tomorrow, and it could be his last," BBH analysts argue. Key qu

Tue, 21 Nov 2017 15:13:10 Z

US: Existing-home sales increased in October to their strongest pace since early Summer"Existing-home sales increased in October to their strongest pace since earlier this summer, but continual supply shortages led to fewer closings on a

Tue, 21 Nov 2017 15:05:28 Z

USD/JPY hammered down to daily lows, 112.00 mark back on sight   •  Retracing US bond yields prompt fresh USD selling.    •  Risk-on mood fails to lend any support.     •  Upbeat US existing home sales help eas

Tue, 21 Nov 2017 14:53:36 Z

Riksbank’s Jochnick: Inflation is close to forecastsRiksbank First Deputy Governor Kerstin af Jochnick recently crossed the wires, saying that the inflation is close to their forecasts. Key quotes (via

Tue, 21 Nov 2017 14:47:36 Z

US stocks open with solid gains, Nasdaq hits fresh record high   •  Investors shrug-off German political turmoil.    •  Traders brace of raft of corporate earnings report. Major US equity indices witnessed a so

Tue, 21 Nov 2017 14:46:47 Z

USD/CAD eases below 1.28 as DXY fails to hold above 94After spending the majority of the day in a narrow range above the 1.28 mark, the USD/CAD pair came under pressure in the early NA session and was las

Tue, 21 Nov 2017 14:20:04 Z

USD/CAD neutral/bullish near term – ScotiabankEric Theoret, FX Strategist at Scotiabank, noted the pair’s next resistance appears in the 1.2920 region. Key Quotes “The outlook for relative centr

Tue, 21 Nov 2017 14:09:30 Z

AUD/USD sticks to modest recovery gains near 0.7570 area   •  Digesting strong mid-European session recovery move.     •  USD/US bond yields capping additional gains.  The AUD/USD pair struggled to build




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