posted by
MMarquit
2 days ago
in USD
made popular 2 days ago
US dollar is moving lower right now, thanks to improved risk appetite. Most of that risk appetite is coming from enthusiasm over better data in the United States. Improvements to the US economy are helping high beta currencies, even after continu
posted by
ejc
2 days ago
in GBP, Technical, Daily
made popular 2 days ago
The GBPUSD has been trading predominantly between the 1.5673 and 1.5700 level. The price is looking to extend the upside with the next targets at 1.57167 and 1.57415 (38.2 and 50% retracements). The 1.57415 was a floor area from earlier in the w
posted by
Cittiperth
2 days ago
in USD, GBP, Economic Indicators
made popular 2 days ago
Meanwhile, output of the service industries rose by 0.1 percent. In a separate report, the ONS said business investment rose by GBP 1.1 billion sequentially to GBP 30.8 billion. On a yearly basis, investment grew GBP 3.8 billion or 14.2 percent. by RTT ...
posted by
FXTimes
2 days ago
in EUR, GBP, Fundamental
made popular 2 days ago
Note that everything is in contraction, except German services PMI. The EUR/USD made news lows over the European session after the releases, but has found support at 1.2510 heading into the US session and is showing some signs of consolidation.
posted by
sparksy
2 days ago
in USD, EUR, JPY, CAD, AUD
made popular 2 days ago
On Wednesday Pound/Dollar continued decreasing with 100 pips. The Cable depreciated from 1.5772 to 1.5668 yesterday, in line with the negative money flow sentiment at nearly -22%, closing the day at 1.5689. Today the British Pound weakened slightly ...
posted by
FXTimes
2 days ago
in USD, EUR, Technical
made popular 2 days ago
The EUR/USD made a fresh low during the European session after manufacturing data out of the eurozone showed a sharper contraction in May than forecast. As we gear up for the US session, it remains above 1.25, and is developing a bullish divergen
posted by
commodityblog
2 days ago
in USD, NZD, Fundamental
made popular 2 days ago
The New Zealand dollar stalled its declined and rebounded today on speculations that losses were excessive. Gains were limited, though, as the disagreement between European leaders hurt demand for higher-yielding assets.
posted by
commodityblog
2 days ago
in USD, Fundamental, Daily
made popular 2 days ago
The Indian rupee dropped today as a disagreement for the European leaders about a way to tackle the debt problems lead to risk aversion sentiment on the Forex market that hurt riskier currencies of emerging markets. Still, the currency managed to
posted by
eToro
2 days ago
in USD, Fundamental, Daily
made popular 2 days ago
On Wednesday, Wall Street had looked as though it would continue its losing streak but managed to eke out a couple of gains at the closing bell, leaving traders to believe that there may still be some life left yet. At the end of trading, only th
posted by
forexcrunch
2 days ago
in USD, EUR
made popular 2 days ago
The euro free fall continues, as EUR/USD has dropped to lows not seen since July 2010. Weak business climate and manufacturing data out of Germany pushed the pair downwards, and the inconclusive, unimpressive EU Summit was of no help to the belea
posted by
eToro
2 days ago
in EUR, Fundamental, Daily
made popular 2 days ago
With the market’s focus almost entirely on the growing possibility of a disorderly Greek exit from the Eurozone, mixed data from Germany couldn’t help dissuade bearish sentiment. The German Statistics Office reported earlier that 1st quarter GDP,
posted by
lchammer
2 days ago
in USD, EUR, JPY
made popular 2 days ago
The Euro/USD continued its downward trend and tumbled down during yesterday’s trading. The recent EU Summit didn’t help rally the Euro. Furthermore, the Aussie dollar and other currencies such as the GBP also depreciated against the USD. The safe