The US Dollar is up significantly against Latin American currencies on Tuesday, with the Chilean peso leading losses and trading at record low levels.
Previewing Wednesday's inflation report from the United States, "We look for headline inflation to remain unchanged at 1.7% y/y in October (0.3% m/m),
The Euro, on the daily chart, is trading in a downtrend below the main daily simple moving averages (DMAs). The Fiber remains soft on the second day of the wee
Wall Street's main indexes edged higher after the opening bell on Tuesday as investors are waiting for President Donald Trump to deliver his remarks a
Analysts at TD Securities highlight that the inherent unpredictability of UK politics will keep markets from fully embracing a solid Tory majority...
Data released today showed the Small Business Optimism Index rose modestly to 102.4. Analyst at Well Fargo, point out the index remains close to its c
Today has been a mixed day for cable as earlier on we recieved varied emplyment data. The data showed average wage increases miss expectations and the
USD/JPY is trading just above the 109.00 handle and the 200-day simple moving average (DMA) on the daily time frame. In September and November, the spot has be
The greenback keeps the bid tone unchanged on Tuesday and is now trading around 98.30 when measured by the US Dollar Index (DXY). US Dollar Index bid
A poll by Survation has shown the narrowest gap yet between the ruling Conservative Party and opposition Labour. The survey, conducted between Novembe
German stocks are trading mostly in the positive territory on Tuesday, motivating the DAX to post gains for the first time after two consecutive daily
The USD/CHF pair trimmed a part of its early gains but has still managed to hold with modest daily gains around mid-0.9900s. The pair managed to regai
In an interview with Boersen Zeitung, Luis de Guindos, Vice-President of the European Central Bank, acknowledged that inflation expectations have rece
As the Fed paused on interest rate cuts and the US and China seem to be getting on better in regards to trade. Gold has taken a hit since September. T
According to FX Strategists at UOB Group, the stance on NZD/USD remains bearish and the door stays open for a move to the 0.6300 region in the next we
United States Redbook Index (YoY) down to 5% in November 8 from previous 5.5%
United States Redbook Index (MoM) declined to 0.1% in November 8 from previous 0.3%
The USD/CAD pair gained some follow-through traction and climbed to one-month tops, around the 1.3255 region during the mid-European session on Tuesda
The crude oil West Texas Intermediate (WTI) is currently holding above $57.00 a barrel and below the 200-day simple moving average (DMA). The market has been c
Following last week's impressive rally, crude oil prices staged a technical correction on Monday before going into a consolidation phase on Tuesday. A
The GBP/USD pair extended previous session's pullback from the 1.2900 neighbourhood and witnessed some follow-through selling on Tuesday. The pair, ho
ING analysts suggest that with improving global risk sentiment, markets are not rushing away from G10 safe-havens as demonstrated too by the relativel
The EUR/USD trend on the chart below is clearly lower. The price is still making lower lows and lower highs and the next support level in focus is the
Rabobank analysts point out that the Bloomberg survey indicates that 16 out of 21 forecasters expect the RBNZ to cut the Official Cash rate tomorrow t
Gold remained depressed through the mid-European session on Tuesday and is currently placed near three-month lows, just above $1450 level. The mention
Analysts at TD Securities note that the German ZEW survey posted a big jump higher in expectations, rising from -22.8 to -2.1 in November (mkt -13.0).
After three consecutive daily advances, including a move to all-time highs just below the 3,100 handle on Thursday, the S&P500 closed on Monday with m
UK Opposition Labour Party's leader Jeremy Corbyn crossed the wires in the last minutes announcing that a cyberattack took place against the party's p
In opinion of FX Strategists at UOB Group, USD/JPY does not rule out a move beyond 109.75 in the next weeks. Key Quotes 24-hour view: “USD traded betw
The Sterling is correcting lower following Monday’s advance and is also helping EUR/GBP to regain some poise and trade closer to the key barrier at 0.
The GBP/JPY cross quickly retreated around 60-65 pips from the early European session swing highs but now seems to have stabilized above the key 140.0
USD/CHF 1-Hour Chart USD/CHF is pushing higher in the EU session as the risk rally continues. Gold, CHF and JPY are all trading lower as the FTSE 100
Speaking at the Chinese state TV, China’s Premier Li Keqiang said that they will be using counter-cyclical measure more effectively and reiterated tha
The USD/JPY pair is moving sideways above the 109 handle for the second straight day as investors stay on the sidelines while waiting for United State
The AUD/USD pair witnessed some follow-through selling for the third consecutive session on Tuesday and dropped to over two-week lows amid renewed US-
The DowJones index started the week with marginal gains (0.04%) and closed in levels just shy of the 27,700 pts on Monday, all amidst alternating risk
GBP/USD Hourly Chart GBP/USD is trading -0.13% lower today but this is mostly due to some strength in the greenback. Today there was some earnings da
Previewing US President Donald Trump's speech at the Economic Club of New York on Tuesday, Politico's Morning Money host Ben White on Tuesday said a s
Analysts at TD Securities note that the UK’s September labour market data was mixed today, with the unemployment rate slipping back down to 3.8% (mkt
United States NFIB Business Optimism Index registered at 102.4, below expectations (103.5) in October
In light of the recent performance, Cable is now expected to move within a sideline theme, suggested FX Strategists at UOB Group. Key Quotes 24-hour v
EUR/USD Overview Today last price 1.1023 Today Daily Change 20 Today Daily Change % -0.08 Today daily open 1.1032 Trends Daily SMA20 1.1102 Daily SMA
The NZD/USD pair registered modest gains on Monday but came under bearish pressure during the Asian trading hours after the Reserve Bank of New Zealan
FX Strategists at UOB Group noted EUR/USD remains under pressure and could extend the drop below the 1.10 handle in the near term. Key Quotes 24-hour
Analysts at ANZ suggest that with the shape of the upcoming business cycle unclear and monetary easing reaching its limits, Asian policymakers are tur
ING analysts note that according to CFTC data for the week, 30 October - 05 November, the three pro-cyclical currencies (CAD, AUD and NZD) all saw som
Dollar Index Spot Overview Today last price 98.31 Today Daily Change 14 Today Daily Change % 0.10 Today daily open 98.21 Trends Daily SMA20 97.72 Dai
Economist at UOB Group Ho Woei Chen, CFA, reviewed the recent higher-than-expected CPI figures in the Chinese economy. Key Quotes “China’s Consumer Pr
EUR/JPY Overview Today last price 120.39 Today Daily Change 40 Today Daily Change % 0.07 Today daily open 120.31 Trends Daily SMA20 120.72 Daily SMA5
Buying interest around the Greenback picked up some pace during the early European session on Tuesday and lifted the USD/CAD pair to one-month tops, a
James Smith, developed markets economist at ING, points out that UK’s headline measure of employment fell by 58,000 in the three months to September,
There was a massive beat against analyst expectations for German Zew economic sentiment today. There were a few key reasons for the change in sentimen
European Monetary Union ZEW Survey - Economic Sentiment registered at -1 above expectations (-32.5) in November
Spain 6-Month Letras Auction rose from previous -0.498% to -0.477%
Spain 12-Month Letras Auction up to -0.457% from previous -0.474%
Germany ZEW Survey - Economic Sentiment registered at -2.1 above expectations (-13) in November
Germany ZEW Survey - Current Situation below forecasts (-22) in November: Actual (-24.7)
The GBP/USD pair held on to its weaker tone, around the 1.2830-35 region and had a rather muted reaction to the latest UK employment details. Having f
It was a mixed announcement in the UK earnings round up today as the average earnings and claimant count numbers mixed analysts expectations but empl
United Kingdom Claimant Count Rate: 3.4% (October) vs 3.3%
Karen Jones, analyst at Commerzbank, suggests that USD/JPY has rallied higher last week above the 200 day ma and into 5 month highs. Key Quotes “It is
United Kingdom Average Earnings Excluding Bonus (3Mo/Yr) came in at 3.6%, below expectations (3.8%) in September
United Kingdom Average Earnings Including Bonus (3Mo/Yr) below expectations (3.8%) in September: Actual (3.6%)
United Kingdom Claimant Count Change came in at 33K, above forecasts (21.3K) in October
United Kingdom ILO Unemployment Rate (3M) below expectations (3.9%) in September: Actual (3.8%)
Gold remained depressed through the early European session on Tuesday and is currently placed near three-month lows, around the $1450 region. The prec
Daily Chart USD/JPY has been performing well of late in relative terms. The price is now testing the top of the rising wedge pattern once again after
Analysts at TD Securities point out that on Saturday China released October CPI data revealing that inflation rose more than expected, 3.8% y/y (mkt 3
The ZEW will release its German Economic Sentiment Index and the Current Situation Index – reflecting institutional investors’ opinions for the next s
The selling pressure appears to have returned to the shared currency on Tuesday and is now forcing EUR/USD to recede to the area of recent lows around
Economist at UOB Group Lee Sue Ann assessed the recent BoE event. Key Quotes “As widely expected, the Bank of England (BoE) kept its monetary policy u
The AUD/USD pair reversed an early dip to over two-week lows and jumped to fresh session tops, around the 0.6855-60 region in the last hour, albeit qu
Having abandoned plans to contest seats held by the Tories, Brexit Party leader, Nigel Farage was out with some additional comments in the last hour a
Erik Johannes Bruce, analyst at Nordea Markets, points out that growth in the mainland economy of Norway was solid and employment increased at a healt
Karen Jones, analyst at Commerzbank, points out that GBP/USD has recently sold off to and recovered from the 1.2764/ 23.6% retracement, implying that
The European Central Bank (ECB) governing council member, Benoit Coeure, during a scheduled speech this Tuesday, said that we are committed to continu
GBP/USD is trading in the mid 1.28s after Nigel Farage's Brexit Party boosted Prime Minister Boris Johnson's chances of winning. How high can cable cl
The USD/JPY pair caught some fresh bids on Tuesday and has now moved well within the striking distance of multi-month tops set last week. Having shown
Danske Bank analysts suggest that following the dovish policy signal sent by Bank of England last week, they now expect it to deliver a 25bp cut at it
The UK labor market report is expected to show that the average weekly earnings, including bonuses, in the three months to September, are expected to
Here is what you need to know on Tuesday, November 12: - Tension is mounting toward President Donald Trump's speech at the New York Economic Club late
Turkey Current Account Balance came in at $2.477B, above forecasts ($2B) in September
Norway Gross Domestic Product Growth Mainland below forecasts (0.8%) in 3Q: Actual (0.7%)
Norway Gross Domestic Product Growth came in at 0%, below expectations (0.5%) in 3Q
Karen Jones, analyst at Commerzbank, suggests that USD/CHF is showing signs of failure at the .9976 6 month downtrend and while capped here a negative
Senior Economist Julia Goh and Economist Loke Siew Ting at UOB Group commented on the recent decision by the BNM. Key Quotes “Bank Negara Malaysia (BN
Analysts at TD Securities are looking for the UK’s unemployment rate to hold steady at 3.9% in September (market 3.9%) after last month's unexpected n
According to a letter seen by Politico’s editor, Malmström last week rejected a request from her US counterpart Lighthizer for a mini trade deal. The
In light of advanced data for JPY futures markets from CME Group, open interest and volume shrunk by nearly 1.1K contracts and almost 47.5K contracts,
Karen Jones, analyst at Commerzbank, explains that EUR/USD held steady yesterday, having recently eroded the 55 day ma and the 50% retracement the mar
CME Group’s flash data for GBP futures markets noted investors added nearly 4.2K contracts to their open interest positions on Monday, reversing at th
Danske Bank analysts point out that after the surprisingly dovish policy message from Bank of England last week, the UK jobs report for September will
Open interest in EUR futures markets went down by just 700 contracts at the beginning of the week, reversing five consecutive daily builds according t
FX option expiries for Nov 12 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.1000 1.5bn 1.1025 537m 1.1075 835m
UOB Group’s Suan Teck Kin, CFA, and Economist Ho Woei Chen, CFA, reviewed the recent Chinese trade data and assessed the prospects on economic growth.
Rabobank analysts point out that today we get UK unemployment and average weekly earnings, which the election campaigns underway are all promising wil
The US Dollar Index (DXY), which gauges the greenback vs. a basket of its main competitors, is looking to extend the recovery following Monday’s moder
Japan Machine Tool Orders (YoY) fell from previous -35.5% to -37.4% in October
Uncertainty surrounding the US-China trade relations and protests in Hong Kong welcomes the United States (US) bond traders on Tuesday.
The market mood remained cautious amid lingering US-China trade deal concerns and ongoing Hong Kong civil unrest. The US dollar, therefore, gained gro
The latest statement is out from the Chinese Foreign Minister on the Hong Kong violence, citing that the crimes in Hong Kong must be punished.
With the 21-day SMA limiting the AUD/NZD pair’s immediate declines, the quote takes the bids to 1.0810 while heading into the European session on Tuesday.
Analysts at ANZ notes that Australia’s ANZ-Roy Morgan Consumer Confidence index made a U-turn last week, falling 2.1% as all the subindices were in th
Despite benefiting from the UK’s political optimism, the GBP/USD pair awaits fresh clues from monthly employment numbers while taking the bids to 1.2865.
Catherine Birch, senior economist at ANZ, notes that Australian business conditions recorded another small improvement in October, hitting a three-mon
Singapore Retail Sales (MoM) came in at 1.9%, above forecasts (-1.4%) in September
Singapore Retail Sales (YoY) came in at -2.2%, above forecasts (-6.1%) in September
EUR/USD is seen moving back and forth in a 15-pips trading range around 1.1030 ahead of the European open, having faced rejection on several attempts
According to Dominick Stephens, chief economist at Westpac, New Zealand’s further decline in inflation expectations will concern the RBNZ and conseque
ANZ analysts note that New Zealand’s two-year-ahead inflation expectations dipped further below 2% in Q4, coming in at 1.80%, the lowest level since l
The USD/IDR pair’s run-up to the month-start high fails to cross near-term key resistance confluence during early Tuesday.
China’s Premier Li Keqiang recently crossed wires, via Global Times, while sharing his talks with the Australian Prime Minister Scott Morrison.
With the resumption of the US bond trading, the USD registers broad recovery. The USD/JPY, being no exception, takes the bids near 109.20.
Japanese PM Abe: Want extra budget to assist economic recovery More to come ...
Analysts at Morgan Stanley are seen rolling back their calls for higher gold prices in the first half of 2020 on expectations of a US-China trade agre
Sheng Songcheng, an adviser to the People's Bank of China (PBOC), the Chinese central bank, presses for more PBOC rate cuts and fiscal reforms by the
The AUD/USD pair enjoyed good two-way businesses so far in Asia this Tuesday, having risen to 0.6854 highs before taking a sharp U-turn to hit fresh n
Following its bounce off 38.2% Fibonacci retracement of the current month upside, USD/CHF confronts near-term key resistance confluence.
Reuters reports the latest comments from the Hong Kong leader Carrie Lam, with the key headlines found below. Protesters 'paralysing' the city are ext
Following a downbeat reading of the RBNZ’s inflation expectations, NZD/USD declines to 0.6342 during early Tuesday.
According to the latest Reserve Bank of New Zealand (RBNZ) survey, New Zealand's both one-year and two-year inflation expectations dropped further in
New Zealand RBNZ Inflation Expectations (QoQ) down to 1.8% in 4Q from previous 1.86%
The JP Morgan analysts foresee the Reserve Bank of Australia (RBA) announcing quantitative easing (QE) by the end of next year after the Australian ce
The US-China trade story recent got another negative turn with the US condemning Hong Kong protests and pushes China to respect the nation’s autonomy.
On Tuesday, China’s central bank, the People's Bank of China (PBOC), set the Yuan reference rate at 6.9988 versus Monday’s fix at 6.9933.
While extending its sustained run-up beyond 200-bar SMA, USD/CAD rises to the fresh four weeks high of 1.3242 by the press time of Asian session on Tuesday.
The US Statement Department Spokeswoman was on the wires last minutes, via Reuters, noting that the US urges China to honor commitments that Hong Kong
Japanese Economy Minister Yasutoshi Nishimura was on the wires last minutes, via Reuters, noting that the decline in consumer demand is not as big as
Despite upbeat readings of Australian business sentiment data, AUD/USD stay mildly on the bids around 0.6850 during early Tuesday.
Australia’s October Business Survey released by the National Australia Bank (NAB) showed: Confidence in October arrived at 2 vs. 0 expect and 0 seen i
Australia National Australia Bank's Business Conditions came in at 3, above forecasts (2) in October
Australia National Australia Bank's Business Confidence came in at 2, above forecasts (0) in October
Reuters reports the latest comments from the French President Macron, as he says that he had an excellent phone conversation with Trump. He further ad
With the sentiment still undermined by US President Trump’s last week's comments on the US-China trade deal, the USD/JPY pair trades modestly flat jus
Despite on-going doubts concerning the US-China trade deal and geopolitical tensions elsewhere, Gold prices stop further declines below multi-month low.
Japan Money Supply M2+CD (YoY) came in at 2.5% below forecasts (2.6%) in October
The GBP/USD pair’s recent pullback from 50/100-bar SMA confluence requires confirmation.
WTI (oil futures on NYMEX) opened Tuesday’s Asian trading on the back foot, extending Monday’s bearish momentum below the 57 handle, as the sentiment
Nigel Farage’s gift to the Tories seems to propel the GBP/JPY pair despite broadly dull sentiment. The quote takes the bids to 140.20 during early Tuesday.
Following its failure to stay strong beyond 50% Fibonacci retracement of April-August downside, AUD/JPY drops towards 21-day SMA.
The Japanese newspaper, Asahi, carries latest headlines on Tuesday, citing that the Japanese government is considering tax system changes to encourage
Although AUD/USD has been under pressure for the last two days, mainly due to the trade/political tension, the quote stays above 100-day SMA.
The Fiber, on the daily chart, is trading in a bear trend below its main daily simple moving averages (DMAs). The Fiber, last week, after registering its wors
Following a day filled with trade doubts, Politico recently came out with news, while relying on a person familiar with the matter about the US tariffs on EU.