The buying interest around the European currency gathers extra pace and lifts EUR/USD to new daily highs around 1.2060 at the end of the week. EUR/USD
GBP/USD below 1.3810/09 can end thoughts of a “double bottom”, clearing the way for a move back towards the lower end of the broader range at 1.3717,
EUR/GBP maintains a choppy tone and above 0.8703 can see a retest of key price and “neckline” resistance at 0.8721/32. Beyond here would now see a “he
The GBP/USD pair struggled to capitalize on its intraday positive move and retreated few pips from daily tops. The pair was last seen trading around t
The ECB Survey of Professional Forecasters (SPF) for the second quarter of 2021 showed a downward revision to the real GDP expectations for this year
Hong Kong SAR Consumer Price Index up to 0.5% in March from previous 0.3%
The UK manufacturing and services sector activities improve further in April, the preliminary report from IHS Markit showed this Friday. more to come
United Kingdom Markit Services PMI came in at 60.1, above forecasts (59) in April
United Kingdom Markit Manufacturing PMI above forecasts (59) in April: Actual (60.7)
Gold surrendered its modest intraday gains and refreshed daily lows, around the $1,781 region during the early European session, albeit lacked follow-
India M3 Money Supply registered at 11.3%, below expectations (12.2%) in April 9
ECB and other major central banks to discontinue 84-day USD liquidity operations from July developing story ...
The Eurozone manufacturing sector activity improved much beyond expectations in the reported month, the latest manufacturing activity survey from IHS/
FX Strategists at UOB Group noted that the selling pressure in USD/CNH remains well in place for the time being. Key Quotes 24-hour view: “Yesterday,
European Monetary Union Markit PMI Composite registered at 53.7 above expectations (52.8) in April
European Monetary Union Markit Services PMI above forecasts (49.1) in April: Actual (50.3)
European Monetary Union Markit Manufacturing PMI above expectations (62) in April: Actual (63.3)
The greenback, in terms of the US Dollar Index (DXY), reverses Thursday’s pullback and revisits the vicinity of the 91.00 neighbourhood at the end of
The USD/CAD pair maintained its offered tone through the early European session and was last seen hovering near daily lows, around the 1.2475-70 regio
Since 12 March, the Nasdaq has outperformed US small caps by 8.9% and this, in the view of economists at DBS Bank, reflects rising moderation in enthu
EUR/USD has been bouncing off 1.20 as markets digest the news of US tax hikes. In the view of FXStreet’s Analyst Yohay Elam, the euro is well-position
The German manufacturing sector continued to improve in April, the preliminary manufacturing activity report from IHS/Markit research showed this Frid
Germany Markit Services PMI registered at 50.1, below expectations (50.8) in April
Germany Markit Manufacturing PMI above forecasts (65.8) in April: Actual (66.4)
Germany Markit PMI Composite registered at 56, below expectations (56.8) in April
The European Central Bank (ECB) made no new policy announcements or changes in forward guidance at the April Governing Council meeting. There were, ho
Even as the AUD/USD pair slipped under 0.7600 earlier this month, economists at Westpac saw the underlying up trend as intact. This week's rebuff from
France Markit PMI Composite above expectations (48.8) in April: Actual (51.7)
France Markit Services PMI came in at 50.4, above forecasts (46.5) in April
France Markit Manufacturing PMI above expectations (59) in April: Actual (59.2)
Austria Industrial Production (YoY) climbed from previous -3.8% to 1.9% in February
The AUD/USD pair maintained its bid tone through the early European session and was last seen hovering near the top end of its intraday trading range,
The tensions in the Donbass area near the border of Ukraine and Russia represent a new tail risk for the RUB. As such, USD/RUB has moved higher. The l
After increasing significantly in the first quarter of this year, long-term Treasury yields have slipped back a bit this month. The 10-year yield, for
GBP/USD has rallied to and so far failed at key resistance offered by 1.4018, the March high. Cable should now stabilize and re-try the topside as Kar
EUR/USD is hovering above 1.20. The pair extended higher amid Lagarde’s presser but retraced lower subsequently. There are soundbites for both hawks a
EUR/USD has consolidated within a 4.4% price corridor since February, but this phase of consolidation is changing to a tone of quiet transformation. T
FX Strategists at UOB Group noted the outlook for USD/JPY remains tilted to the downside in the short-term horizon. Key Quotes 24-hour view: “We highl
Friday's economic docket highlights the release of the flash version of Eurozone PMI prints, scheduled during the early European session. The German a
Traders scaled back their open interest positions for the fourth consecutive session on Thursday, this time by around 4K contracts, as per flash data
GBP/USD is licking its wounds around 1.3850. After succumbing to dollar strength, sterling can recover as upbeat UK data may counter dollar domination
Heading into the final trading day of this week, gold has turned positive once again, looking to retake the $1800 mark, as the upside bias remains int
In opinion of FX Strategists at UOB Group, AUD/USD should keep the 0.7660-0.7800 side-lined theme unchanged for the time being. Key Quotes 24-hour vie
CME Group’s advanced prints for Crude Oil futures markets noted open interest dropped for the second session in a row on Thursday, this time by around
more to come ...
USD/CHF holds lower ground near 0.9167, down 0.03% intraday, ahead of Friday’s European session. In doing so, the major currency pair respects Thursda
Cable is now seen navigating within the 1.3750-1.3950 range in the next weeks, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “The su
United Kingdom Public Sector Net Borrowing above expectations (£22.064B) in March: Actual (£27.271B)
Open interest in Gold futures markets shrunk by around 2.6K contracts on Thursday, partially reversing the previous daily build according to prelimina
UOB Group’s FX Strategists expect further gains in EUR/USD as long as it trades above the 1.1965 level. Key Quotes 24-hour view: “Yesterday, we held t
FX option expiries for Apr 23 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.1850 402m 1.1900 573m 1.1980 741m 1
Here is what you need to know on Friday, April 23: Stock markets are on the back foot amid concerns of higher US capital tax increases and rising covi
Gold drops 0.03% despite the latest corrective pullback to $1,784 ahead of Friday’s European session. In doing so, the yellow metal respects the previ
Markets in Asia fail to cheer China’s upbeat performance during early Friday. The reason could be traced from the coronavirus (COVID-19) fears in the
Ireland Consumer Confidence up to 77.9 in April from previous 77.1
Singapore Consumer Price Index (YoY) above forecasts (0.6) in March: Actual (1.3)
USD/INR prints a three-day losing streak while taking the offers around 75.00 threshold, down 0.10% intraday, amid the initial Indian trading session
EUR/USD is back on the bid above 1.2000, snapping three straight days of sluggishness. The US dollar has resumed its downtrend, helping the spot to ma
GBP/USD stays mildly bid around mid 1.3800s, up 0.11% intraday, while heading into Friday’s London open. In doing so, the cable pares the heaviest los
Gold (XAU/USD) is attempting a tepid bounce after falling 1% on Thursday amid a sharp recovery staged by the US dollar. Risk-aversion gripped the mark
“Japan's economy continued to expand gradually due to aggressive monetary easing, which has had a positive impact on bank profits,” the Bank of Japan
One-month risk reversal on USD/CNY, a measure of the spread between prices drawn by call options (bullish bets) and put options (bearish bets), turns
US economic growth for this year is peaking – Goldman Sachs more to come ..
S&P 500 Futures defend 4,100 threshold, up 0.20% intraday around 4,135 by the press time of early Friday. Even so, the risk barometer remains on track
Thanks to a strong recovery momentum building up in most major economies, the global economy is set to rebound from its coronavirus slump at the faste
The following is a topdown analysis that shows the weekly chart's compelling bullish case transpiring into a daily reverse head and shoulders. Weekly
US dollar index (DXY) prints mild losses of 0.08% while taking offers around 91.22 during early Friday. In doing so, the greenback gauge versus the ma
AUD/USD is attempting a comeback above 0.7700, having hit fresh six-day lows at 0.7690 on Thursday after the US dollar rebounded sharply amid risk-ave
EUR/USD picks up bids to refresh intraday top to 1.2021 amid early Friday. While consolidation in the market sentiment seems to favor the quote’s late
In recent trade today, the People’s Bank of China (PBOC) set the yuan mid-point at 6.4934 vs the estimated 6.4918 and previous 6.4902. About the fix C
USD/JPY is trading at 107.92 and flat on a quiet start to the last Asian session of the week. The price is stuck in a 13-pip range. It's been a solid
Goldman Sachs cites the Democratic Party’s 'razor-thin majorities in the House and the Senate' to signal challenges for US President Joe Biden’s propo
Japan Jibun Bank Manufacturing PMI up to 53.3 in April from previous 52.7
GBP/USD consolidates the heaviest drop in over weeks while picking up bids to 1.3841 during Friday’s Asian session. Even so, the quote remains inside
At the time of writing, XAU/USD is trading at $1,783.11 and is consolidating in a $3 range in a quiet start to the last Asian session of the week. Ov
USD/CAD attempts recovery from intraday low but fails to go farther from the 1.2500, down 0.05% on a day, amid Friday’s Asian session. In doing so, th
Japan National CPI ex-Fresh Food (YoY) above forecasts (-0.4%) in March: Actual (-0.1%)
Japan National CPI ex Food, Energy (YoY) rose from previous 0.2% to 0.3% in March
GBP/JPY reverses the corrective pullback from the monthly low while dropping back to 149.44 during the early Asian session on Friday. In doing so, the
Japan National Consumer Price Index (YoY) below expectations (-0.1%) in March: Actual (-0.2%)
As per the prior analysis, Bulls look to target prior support, the price has indeed moved higher from support. Prior analysis, daily chart At this jun
Wall Street benchmark returned to red on Thursday as US President Biden’s proposal to back the upcoming "American Families Plan” with an increase in c
Australia Commonwealth Bank Composite PMI: 58.8 (April) vs 55.5
United Kingdom GfK Consumer Confidence registered at -15, below expectations (-12) in April
Australia Commonwealth Bank Manufacturing PMI up to 59.6 in April from previous 56.8
Australia Commonwealth Bank Services PMI climbed from previous 55.5 to 58.6 in April
Japanese Economy Minister Yasuhisa Nishimura crossed wires, via Kyodo News, while boosting chatters over the return of the coronavirus (COVID-19)-led
Silver drops back towards $26.00, around $26.10 by the press time, following its failure to consolidate the previous day’s losses during the initial A
NZD/USD defends 0.7150, despite fading bounce off three-day low, while taking rounds to 0.7160-65 amid the initial Asian trading session on Friday. Th
AUD/USD fades bounce off the week’s low, flashed a few minutes back, as declining to 0.7703 during the early Friday morning in Asia. The aussie pair r