Forex News

WTI drops below $56.50 after weekly EIA stock report
WTI drops below $56.50 after weekly EIA stock report
Weekly EIA data showed larger-than-expected draw in US crude inventories. API on Tuesday also reported drop in US crude oil sto...
Forex News 18 minutes ago
IMF: Monetary easing unlikely to weaken a country's currency enough to improve trade balance
IMF: Monetary easing unlikely to weaken a country's currency enough to improve trade balance
In a blog post published on Wednesday, the International Monetary Fund (IMF) said monetary easing was unlikely to weaken a country'...
Forex News 57 minutes ago
French official: Baseline scenario now seems to be no-deal
French official: Baseline scenario now seems to be no-deal
Citing an official in French President Macron's office, Reuters reported that France believed that a no-deal Brexit was now the mos...
Forex News 57 minutes ago
United States EIA Crude Oil Stocks Change came in at -2.732M below forecasts (-1.889M) in August 16
United States EIA Crude Oil Stocks Change came in at -2.732M below forecasts (-1.889M) in August 16
...
Commodity News 57 minutes ago
Bitcoin falls below the $10,000 level
Bitcoin falls below the $10,000 level
The digital asset could not stick above the 50-day SMA for a long time. At the moment of writing, the digital asset has been falling towards the 100-day SMA...
Forex News 1 hours ago
United States Existing Home Sales Change (MoM) meets forecasts (2.5%) in July
United States Existing Home Sales Change (MoM) meets forecasts (2.5%) in July
...
Forex News 1 hours ago
United States Existing Home Sales (MoM) registered at 5.42M above expectations (5.39M) in July
United States Existing Home Sales (MoM) registered at 5.42M above expectations (5.39M) in July
...
Forex News 1 hours ago
Wall Street opens with strong gains as risk sentiment recovers
Wall Street opens with strong gains as risk sentiment recovers
CBOE Volatility Index drops nearly 10% on Wednesday. US Pres. Trump says they are doing great with China and other trade deals. All...
Forex News 1 hours ago
USD/CAD technical analysis: Sticks to Canadian CPI-led losses, flirting with weekly lows
USD/CAD technical analysis: Sticks to Canadian CPI-led losses, flirting with weekly lows
Having repeatedly failed to near the 1.3345 supply zone, the USD/CAD pair met with some aggressive supply on Wednesday following the...
Currency News 1 hours ago
GBP/JPY technical analysis: Bearish continuation pattern spotted on short-term charts
GBP/JPY technical analysis: Bearish continuation pattern spotted on short-term charts
The GBP/JPY cross has been steadily recovering from multi-year lows along a short-term ascending trend-channel on hourly charts. The...
Currency News 1 hours ago
Midweek update: the forex trading events to come
Midweek update: the forex trading events to come
Now that the foreign exchange trading week is at its midpoint, it’s time to consider what else is on the horizon in the second half of the week and into next we...
Forex News 2 hours ago
US Dollar Index parked around 98.20 ahead of FOMC
US Dollar Index parked around 98.20 ahead of FOMC
DXY sticks to gains in the 98.20/15 region. FOMC minutes coming up next in the NA session. USD ignores Trump’s comments on Po...
Forex News 2 hours ago
EUR/CHF downside risk remains in place – ING
EUR/CHF downside risk remains in place – ING
Analysts at ING note that the euro has proven to be quite resilient to the latest developments in Italy and is likely due to markets st...
Currency News 2 hours ago
Canada: Upside surprise in inflation – TD Securities
Canada: Upside surprise in inflation – TD Securities
According to analysts at TD Securities, Canadian CPI was materially stronger than expected in July, with the index rising by 0.5% m/m a...
Forex News 2 hours ago
GBP/USD finds support ahead of 1.21, recovers toward 1.2150
GBP/USD finds support ahead of 1.21, recovers toward 1.2150
Germany's Scholz says no changes expected in Brexit situation. US Pres. Trump says Fed and Powell are their only problems. US D...
Currency News 2 hours ago
EUR/USD looks to pick up pace above 1.1100
EUR/USD looks to pick up pace above 1.1100
EUR/USD looks undecided to surpass the 1.1100 handle. FOMC minutes expected later in the NA session. Fed’s J.Powell speaks on...
Currency News 2 hours ago
USD/CHF technical analysis: Bulls trying to seize control above 200-hour EMA, FOMC minutes awaited for confirmation
USD/CHF technical analysis: Bulls trying to seize control above 200-hour EMA, FOMC minutes awaited for confirmation
The USD/CHF pair on Wednesday showed some resilience near 200-hour EMA and has now moved well within the striking distance of two-wee...
Currency News 2 hours ago
Mexico Retail Sales (YoY) came in at 1%, below expectations (2%) in June
Mexico Retail Sales (YoY) came in at 1%, below expectations (2%) in June
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Forex News 2 hours ago
Mexico Retail Sales (MoM) down to -0.5% in June from previous 0.7%
Mexico Retail Sales (MoM) down to -0.5% in June from previous 0.7%
...
Forex News 2 hours ago
Belgium Consumer Confidence Index fell from previous -6 to -9 in August
Belgium Consumer Confidence Index fell from previous -6 to -9 in August
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Forex News 2 hours ago
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