Forex News

China Foreign Exchange Reserves (MoM) came in at $3.096T, below expectations ($3.103T) in November
China Foreign Exchange Reserves (MoM) came in at $3.096T, below expectations ($3.103T) in November
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Forex News 18 hours ago
EUR/USD price analysis: Will the euro bears finally commit?
EUR/USD price analysis: Will the euro bears finally commit?
EUR/USD neutral/bullish bias remains in place despite the dip caused by the NFP. The level to beat for buyers is the 1.1063 resistan...
Currency News 1 days ago
US Dollar Index price analysis: DXY, a recovery we can believe in?
US Dollar Index price analysis: DXY, a recovery we can believe in?
DXY is boosted by stellar November’s Nonfarm Payrolls (NFP) readings. DXY is set to remain under bearish pressure below the 98...
Forex News 1 days ago
USD/JPY: Pair to come out as one of the biggest movers in the market next week – ING
USD/JPY: Pair to come out as one of the biggest movers in the market next week – ING
Analysts at ING argue the USD/JPY looks bearish going into next week considering the many key events ahead, and see it trading in 107.0...
Currency News 1 days ago
Canada: Employment plunging in November – NFB
Canada: Employment plunging in November – NFB
Matthieu Arseneau, analyst at the National Bank of Canada points out that the Canadian employment report released today showed the wors...
Forex News 1 days ago
Eurozone week ahead: A new ECB, German politics and some data - Danske Bank
Eurozone week ahead: A new ECB, German politics and some data - Danske Bank
Next week, the economic calendar showed the European Central Bank (ECB) will have its meeting, the first with Christine Lagarde as pres...
Forex News 1 days ago
United States Consumer Credit Change above forecasts ($16B) in October: Actual ($18.91B)
United States Consumer Credit Change above forecasts ($16B) in October: Actual ($18.91B)
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Forex News 1 days ago
GBP/USD ends Friday on a strong note ahead of election week
GBP/USD ends Friday on a strong note ahead of election week
Pound gains momentums late on Friday, consolidates weekly gains.   Cable ends week sharply higher, post highest weekly close si...
Currency News 1 days ago
EUR/USD: Performance of euro will be driven by developments overseas rather than the ECB – MUFG
EUR/USD: Performance of euro will be driven by developments overseas rather than the ECB – MUFG
Analysts at MUFG Bank, presented a trade idea for next week of shorting the EUR/USD pair at 1.1060, with a target at 1.0950 and stop-lo...
Currency News 1 days ago
Oil: More production cuts and possible US-China deal to provide support – Rabobank
Oil: More production cuts and possible US-China deal to provide support – Rabobank
Crude oil prices rose following the OPEC+ meeting. According to analysts at Rabobank, the deeper cuts should also a tailwind for oil pr...
Commodity News 1 days ago
EUR/JPY price analysis: Euro drops against yen, trades near 120.00 handle
EUR/JPY price analysis: Euro drops against yen, trades near 120.00 handle
EUR/JPY dived on Friday, breaking below the 120.56 support level.  The level to beat for sellers is the 119.95 support. ...
Currency News 1 days ago
United States Baker Hughes US Oil Rig Count down to 663 from previous 668
United States Baker Hughes US Oil Rig Count down to 663 from previous 668
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Commodity News 1 days ago
EUR/USD: Remaining range bound – ING
EUR/USD: Remaining range bound – ING
Analysts at ING see the EUR/USD pair with a neutral bias for next week and expect it to trade between 1.0980 and 1.1100. Their one-mont...
Currency News 1 days ago
AUD/USD price analysis: Australian dollar bounces from daily lows, trades near 0.6840 level
AUD/USD price analysis: Australian dollar bounces from daily lows, trades near 0.6840 level
AUD/USD remains in range despite broad-based USD strength.  The level to beat for bears is the 0.6821/14 support zone.  ...
Currency News 1 days ago
US: Trend in hiring has turned decidedly higher – Wells Fargo
US: Trend in hiring has turned decidedly higher – Wells Fargo
The November employment report surpised to the upside with the economy adding 266K jobs.  According to analysts at Wells Fargo, th...
Forex News 1 days ago
Gold price analysis: XAU/USD extends post-NFP drop, trades near $1460/oz
Gold price analysis: XAU/USD extends post-NFP drop, trades near $1460/oz
Gold is down sharply this Friday as the US added more jobs than anticipated in November. Support is seen in the 1455/50 price zone.&...
Commodity News 1 days ago
OPEC+ agrees to cut production by further 500K barrels, WTI hits monthly highs
OPEC+ agrees to cut production by further 500K barrels, WTI hits monthly highs
Crude oil hits fresh monthly highs but then trimmed gains after the OPEC+ meeting.  OPEC+ decided to deepen cut by 500K b/...
Commodity News 1 days ago
USD/JPY price analysis: Greenback retraces NFP-inspired spike against yen
USD/JPY price analysis: Greenback retraces NFP-inspired spike against yen
USD/JPY gets a boost from the stellar Nonfarm Payrolls (NFP).  The level to beat for bulls is the 109.03 resistance.  ...
Currency News 1 days ago
United States Wholesale Inventories below forecasts (0.2%) in October: Actual (0.1%)
United States Wholesale Inventories below forecasts (0.2%) in October: Actual (0.1%)
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Forex News 1 days ago
United States Michigan Consumer Sentiment Index above forecasts (97) in December: Actual (99.2)
United States Michigan Consumer Sentiment Index above forecasts (97) in December: Actual (99.2)
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Forex News 1 days ago
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