U.S. President Donald Trump, once again, took out to Twitter to voice his criticism of the Federal Reserve's monetary policy in a thread that read: "D
In view of Jane Foley, senior FX strategist at Rabobank, the prospect of easier policy from the Federal Reserve combined with hopes for some softening
United States Chicago Fed National Activity Index registered at -0.05 above expectations (-0.37) in May
Commenting on the ongoing conflict with Iran, U.S. President Donald Trump said that their request was very simple. "No nuclear weapons and no further
Gold edged higher through the mid-European session on Monday and is currently placed at multi-year tops, around the $1410-11 region. The Fed, in its l
The Turkish Lira is trading on a firm note at the beginning of the week, taking USD/TRY to the 5.80 region after bottoming out near the 5.70 neighbour
Christopher Graham, economist at Standard Chartered, points out that it is almost three years to the day that the UK voted to leave the EU, but the UK
TD Securities analysis team suggests that the Mexico’s April economic activity should continue to show the downside pressure on the economy, supportin
Citing industry sources familiar with the matter, Reuters today reported that Iranian crude oil exports have dropped so far in June to "300,000 barrel
After erasing more than 100 pips and closing the previous week at its lowest level since early January at 107.31, the USD/JPY pair is moving sideways
Jens Nærvig Pedersen, senior analyst at Danske Bank, notes that the USD continued to weaken on Friday on the back of weaker US PMIs and dovish comment
Analysts at Danske Bank suggest that the US is planning more sanctions against Iran in order to force the country back to the negotiating table and ag
The USD/CAD pair, which erased nearly 180 pips last week, started the new week under a modest pressure and broke below the 1.32 mark. As of writing, t
According to analysts at Royal bank of Canada, next week brings some key Canadian data that might determine whether the Bank of Canada follows the Fed
Deutsche Bank analysts point out that the May Chicago Fed survey for May and Dallas Fed survey for June in the US are scheduled to release today. Key
Given last week’s decisive break below an important confluence support – comprising of the very important 200-day SMA and near five-month-old ascendin
Standard Chartered analysts note that modest non-FDI outflows of USD 16.4bn resumed in May for the Chinese economy, following moderate inflows of USD
After gaining nearly 100 pips in the previous week, the NZD/USD pair continued to push higher on Monday and reached its best level in two weeks at 0.6
Analysts at TD Securities point out that the German IFO slipped half a point to 97.4 in June, with the Current Assessment rising a tick off a multi-ye
These are the main highlights of the CFTC Positioning report for the week ended on June 18: - Speculators trimmed their short positions to the lowest
Looking at a slightly bigger picture, the pair has been trending lower along a short-term descending trend-channel from yearly tops - set on April 24,
A Reuters witness notes that the UK parliament was evacuated on Monday due to a fire alert. Further Details: A message over the PA system urged people
WTI (futures on Nymex) pulls back from fresh three-week highs of 58.21 reached in early trades, now consolidating below the 58 handle, as the bulls aw
The USD/CHF pair struggled to capitalize on its attempted intraday bounce and has now retreated back to multi-month lows, refreshed earlier this Monda
EUR/USD daily chart EUR/USD Overview Today last price 1.1389 Today Daily Change 29 Today Daily Change % 0.18 Today daily open 1.1369 Trends Daily SMA2
Russia's Deputy Foreign Minister is reported by Reuters, as saying that his government will counter the US sanctions on Iran. Key Headlines: The US is
DXY daily chart Dollar Index Spot Overview Today last price 96.11 Today Daily Change 14 Today Daily Change % -0.09 Today daily open 96.2 Trends Daily
The AUD/USD pair remained well bid through the early European session and remained well within the striking distance of near two-week tops set earlier
Carsten Brzeski - Chief Economist at ING Germany, offered his take on the latest disappointment from Germany’s most prominent leading indicator, the I
EUR/JPY daily chart EUR/JPY Overview Today last price 122.32 Today Daily Change 43 Today Daily Change % 0.28 Today daily open 121.98 Trends Daily SMA2
The shared currency is trading on a positive note on Monday, taking EUR/USD to the 1.1380/90 band in the wake of IFO numbers. EUR/USD ignores data, fo
The GBP/USD pair quickly retreated around 40-45 pips during the early European session and dropped to fresh session lows, around the 1.2630-20 region
Following the release of mixed German IFO business survey, the IFO Economist offers his afterthoughts on the data release. The German economy is headi
The headline German IFO Business Climate Index came in at 97.4 in June, weaker than last month's 97.9 and beating the consensus estimates pointing to
Germany IFO - Expectations came in at 94.2 below forecasts (94.5) in June
Germany IFO - Current Assessment came in at 100.8, above forecasts (100) in June
Germany IFO - Business Climate above expectations (97.3) in June: Actual (97.4)
The USD/CAD pair met with some fresh supply at the start of a new trading week and slipped below the 1.3200 handle, erasing Friday's modest recovery g
The South Korean news agency, Yonhap, reports that the US President Trump is mulling a visit to DMZ during his visit to South Korea. No further detail
Reuters reports the latest comments from the Russian Energy Minister Alexander Novak, as he sheds some light on the global energy market situation. Ke
According to Khoon Goh - Head of Asia Research at Australia and New Zealand Banking Group Limited (ANZ), the larger-than-expected increase in Singapor
A break below the 107.00 handle should motivate USD/JPY to extend the drop to the 106.60 region, suggested FX Strategists at UOB Group. Key Quotes 24-
Gold held steady above the key $1400 psychological mark and was seen consolidating the recent strong gains to multi-year tops. A combination of diverg
The bid note around the European currency remains well and sound so far today and is now lifting EUR/USD to fresh tops in the vicinity of 1.1400 the f
Kazakhstan Energy Minister Kanat Aldabergenovich Bozumbayev was on the wires last minutes, via Reuters, noting that Kazakhstan aims to raise oil produ
The German IFO Business Survey Overview The German IFO survey for June is slated for release later today at 0800 GMT. The headline IFO Business Climat
Turkey Capacity Utilization: 77.1% (June) vs 76.3%
Turkey Manufacturing Confidence rose from previous 98.9 to 102.5 in June
The Chinese Ministry of Foreign Affairs is out with the latest announcement, citing that the Chinese President Xi will travel to Japan for G20 on from
Tony Kelly, Senior Economist – International, Group Economics at National Australia Bank (NAB) believes that the US Federal Reserve (Fed) is preparing
The USD/JPY pair struggled to register any meaningful recovery and remained well within the striking distance of near six-month lows set in the previo
Open interest in JPY futures markets shrunk by just 378 contracts on Friday, prolonging the erratic performance, according to preliminary figures from
In light of the ongoing strong rebound, EUR/USD could now advance to 1.1416 ahead of 1.1570, noted Karen Jones, Head of FICC Technical Analysis at Com
Iran’s FARS News is reporting the comments from the Iranian Energy Minister Bijan Zanganeh, as he denies the reports that level of oil exports has fal
A close above 1.2763 could trigger a positive phase in GBP/USD, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “Last Friday, we were
Following comments are out on the wires from the UK Conservatives Party member Hunt, via Reuters. We can get a better deal on the backstop. Brexit mus
CMA Group’s advanced figures for GBP futures markets showed open interest rose by around 2.2K contracts on Friday following two consecutive drops. Vol
Bill Evans, Chief Economist at Westpac, in his latest client note, moved the timing of the next Reserve Bank of Australia’s (RBA) rate cut from August
Although sustained trading beyond 200-hour moving average (4H 200MA) portrays the GBP/USD pair’s strength, the quote is yet to clear 38.2% Fibo.
In light of flash data for EUR futures markets from CME Group, investors added nearly 9.2K contracts to their open interest positions on Friday, reach
FX option expiries for June 24 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.1270 709m 1.1325 679m 1.1395 692m
The Danske Bank analysts mainly attribute the latest strength in Brent oil to broad-based US dollar weakness induced by the dovish Fed. But the escala
Karen Jones, Head of FICC Technical Analysis at Commerzbank, does not rule out some consolidation in USD/JPY around the 107.30 region. Key Quotes “USD
The Iranian news outlet, Tasnim, reports the latest comment from the country’s Navy Commander, as he speaks about the US drone downed last week. He th
FX Strategists at UOB Group expect EUR/USD to face significant resistance in the 1.1450 area in the near term. Key Quotes 24-hour view: “We woefully u
The greenback, in terms of the US Dollar Index (DXY), appears to have met quite decent support in the 96.00 region. US Dollar Index looks to G-20, dat
According to analysts at Nordea Markets, the European Central Bank (ECB) Chief Draghi is likely to announce a fresh easing policy as soon as this Sept
ANZ bank released latest research on the Commodity Futures Trading Commission’s (CFTC) positioning data for the week ended on June 18.
According to the analysts at Danske Bank, the main market moving event for today is likely to be the German IFO Survey amid looming US-China trade unc
Cautious optimism prevailed across the financial markets in Asia on Monday, following the weekend news that the US-China trade talks have kicked-off h
Japan Coincident Index came in at 102.1, above expectations (101.9) in April
Japan Leading Economic Index above expectations (95.5) in April: Actual (95.9)
Japan Leading Economic Index in line with expectations (95.5) in April
TD Securities recently released its report ahead of the European session on Monday expecting a small decline in the German IFO data.
Singapore Consumer Price Index (YoY) registered at 0.9 above expectations (0.7) in May
With the AUD/USD pair running further up from 21-day moving average (21-DMA), buyers concentrate on near-term key resistances to justify the latest up-moves.
Amid ongoing US-Iran geopolitical tensions, Iran is out with the latest headlines, citing that the reported US cyber-attacks have not been successful.
Netherlands, The Gross Domestic Product n.s.a (YoY) in line with forecasts (1.7%) in 1Q
Netherlands, The Gross Domestic Product s.a (QoQ) meets forecasts (0.5%) in 1Q
Even if the USD weakness has helped the GBP/USD pair to remain strong around 12-day high, the pair lacks fresh catalysts in order to extend its rise.
According to the latest trade data published by the Indonesian Statistics Bureau, the country unexpectedly posted a trade surplus in May after two str
Indonesia Trade Balance above expectations ($-1.38B) in May: Actual ($0.21B)
Indonesia Imports came in at -17.71% below forecasts (-13.9%) in May
New Zealand’s Finance Minister Grant Robertson was on wires during early Monday conveying plans to introduce bank deposit protection plan.
EUR/USD is looking north ahead of key German data release, having closed above the 200-day moving average (MA) on Friday. The pair has found acceptanc
Indonesia Exports above forecasts (-14.7%) in May: Actual (-8.99%)
Oversold levels of 14-day relative strength index (RSI) played its role in fetching the USD/JPY pair upwards towards near-term important resistance.
Turkish Lira has opened the week on a higher note as President Recep Tayyip Erdogan's ruling party lost Instanbul's Mayoral elections for a second tim
At the Reserve Bank of New Zealand (RBNZ) cash rate meeting this week, the New Zealand Institute of Economic Research (NZIER) 'Shadow Board' recommend
With the Crude prices trading near the monthly top and the US Dollar (USD) continues to linger across the board, the USD/CAD pair resumes its latest downturn.
GBP/USD is trading on a positive note for the fifth straight day and is on track to test resistance at 1.2763 (June 7 high). A daily close above that
Fresh comments are out from the Chinese Commerce Ministry, as it speaks about the US-China trade talks ahead of the G20 meeting. Discussions between C
Asian stocks are reporting moderate gains this Monday morning in Asia, possibly on renewed optimism that Sino-US trade talks will progress at G-20. As
The Australian Financial Review (AFR) offers key comments delivered by the Reserve Bank of Australia (RBA) Governor Lowe earlier today, highlighting s
More comments are crossing the wires from the Chinese Vice Commerce Minister has been crossing the wires, as we head towards the G20 Summit over this
Like all other major currency pairs, GBP/USD also benefits from the greenback’s across the board declines as it takes the rounds to 1.2748 during early Monday.
USD/CNH is reporting moderate gains this Monday morning in Asia, having created a Doji candle on Friday. That candle is widely considered a sign of in
While global economic uncertainty is rising, some countries have a limited room for monetary policy easing to counter economic slowdown, People's Bank
With the G20 now the main event around the corner, Chinese Vice Commerce Minister has been crossing the wires: G20 will have candid and constructive d
With the monthly trade balance data on the radar, USD/IDR clings to 14,162 amid initial Asian session on Monday.
With the G20 now the main event around the corner, Chinese assistant foreign minister has been crossing the wires: The global economy is facing rising
The People's Bank of China (PBOC) has set the Yuan reference rate at 6.8503 vs Friday's fix of 6.8675.
The Chiaxin Oscillator crossed above the zero line on the 30th May when price ran higher from 1375. However, the price of gold has now left a mixed o
The EUR/USD pair closed above the 200-day moving average (MA) on Friday – the first daily close above the long-term moving average in over 13 months –
GBP/JPY breaks 200-HMA but is yet to cross 12-day long resistance-line as it takes the rounds to 136.85 during early Monday.
By September, the European Central Bank (ECB) will pacify doves either by cutting its deposit rate or by pledging to keep the interest rates lower for
In a tight range to start the week, USD/JPY is flat around 107.30 in Tokyo, up from 107.05 from Friday's business but below 107.75 highs. The yen has
The bid tone around the Australian Dollar strengthened, pushing the AUD/JPY cross higher to the 20-hour moving average (MA) of 74.64 after the Reserve
The RBA Governor’s expectations of the likely increase in infrastructure to benefit Australian economy helped the AUD/USD pair as it rises to the 12-day high.
With the political tension between the US and Iran providing enough entertainment to the energy traders, WTI takes the bids around $57.75 during early Monday.
EUR/JPY’s successful break of 100-bar moving average (4H 100MA) currently enables the pair to clock in the highest levels in 10-days on early Monday.
Following last week's 'The Labour Market and Spare Capacity' speech, RBA's Governor says today, 'risks to global economy are tilted to downside'. More
WTI was capped at the weekly 20-Experiential Moving Average. Bulls ran higher through the 20-D EMA and topped the 50-D EMA. Bulls are on track for the
Gradual recoveries from 74.20 help the AUD/JPY pair on early Monday but short-term symmetrical triangle and 200-HMA can play their parts soon.
The US and China continue to remain at loggerheads but the AUD/USD pair seems to show less attention to the stalemate as it takes the rounds to 0.6935.
An article by Bloomberg news said the prospect of interest rates going below 1% has prompted Australia’s economists to start exploring what much of th
Although Turkish President is likely witnessing embarrassment due to the latest results for the Istanbul’s Mayor’s election, the USD/TRY drops on early Monday.
Bloomberg has reported that President Donald Trump said the U.S. will impose major new sanctions on Iran on Monday. President Donald Trump said the U.
Reuters has reported that the official People’s Daily said in an editorial on Saturday, that instead of waging a trade war with China, the United Stat
Despite witnessing dearth of catalysts for the New Zealand Dollar (NZD), the NZD/USD pair holds its strength as it confronts the 50-day SMA on early Monday.
Bloomberg has reported on the Turkish opposition candidate, Ekrem Imamoglu, winning the redo of the Istanbul mayor’s race by a landslide on Sunday. Tu