The Greenback is up marginally this Tuesday, helping EUR/USD to trade near two-day lows. Brexit uncertainties are weighing on both the market sentiment and EUR
Gold failed to hold to gains and pulled back, approaching again the $1480 area. Earlier today the ounce rose to $1488 and as of writing trades at $148
The Crude Oil West Texas Intermediate (WTI) is trading at two-day highs still below $55.00 a barrel. The level to beat for buyers is the 55.00 resistance.
According to George Parker, political editor for The Financial Times, British Prime Minister Boris Johnson is ready to accept a ten-day Brexit delay b
The USD/CAD pair advanced to a fresh daily high of 1.3123 in the early trading hours of the American session after the disappointing retail sales data
Data released today showed retail sales in Canada came in below expectations in August with unexpected negative numbers. According to Jocelyn Paquet,
Citing Organization of the Petroleum Exporting Countries (OPEC) sources familiar with discussions, Reuters on Tuesday reported that OPEC and its allie
The USD/JPY pair failed to capitalize on the overnight attempted recovery move and met with some fresh supply on Tuesday – marking its fourth day of a
The Bank of Canada's Business Outlook Survey for the third quarter highlighted that there was a slight improvement in the business sentiment but noted
According to the latest Fifth District Survey of Manufacturing Activity published by the Federal Reserve Bank of Richmond, economic activity in the ma
United States Richmond Fed Manufacturing Index came in at 8, above forecasts (-14) in October
United States Existing Home Sales (MoM) came in at 5.38M below forecasts (5.45M) in September
United States Existing Home Sales Change (MoM) came in at -2.2% below forecasts (-0.7%) in September
Wall Street's main indexes started the second day of the week on a mixed note as investors continue to assess the third-quarter earnings figures. As o
Casper Burgering, senior commodity economist at ABN AMRO, suggests that the demand for metals is weak due to declining global economic activity with m
The GBP/USD pair momentarily slipped below the 1.2900 handle during the early North-American session, albeit quickly recovered few pips thereafter. Th
The Greenback is picking up some steam this Tuesday, sending EUR/USD to two-day lows. Brexit uncertainties are weighing on both the market mood and the Euro.
Analysts at TD Securities are penciling in a NZD1.6b deficit for the Sep trade balance with exports at NZ$4.2b and imports at NZ$5.8b. Key Quotes “Whi
The AUD/USD pair posted its highest daily close in a month at 0.6870 on Monday but struggled to continue to push higher. As of writing, the pair, whic
According to analysts at ING, the quality issues issue with the Swedish labour market data suggests that the Riksbank is unlikely to meaningfully chan
Rabobank analysts suggest that GBP is not the only currency to have benefited from Brexit relief as the EUR and CEE currencies such as the PLN have al
The US Dollar Index (DXY), which gauges the buck vs. a basket of its main competitors, is extending the upside momentum to the 97.50/60 band, or 2-day
Richard Franulovich, head of FX strategy at Westpac, suggests that a few key markets have been trending in a more constructive direction lately, signa
British Prime Minister Boris Johnson told lawmakers on Tuesday that chances of a no-deal Brexit would increase if parliament were to defeat the progra
Rabobank analysts suggest that a standing repo facility from the US Fed would be an effective tool that could cut off spikes in repo rates, provide in
The selling bias around the single currency is now picking up further pace and drags EUR/USD to new 2-day lows near 1.1120. EUR/USD flirting with the
Sean Callow, analyst at Westpac, suggests that the RBNZ’s shock 50bp rate cut on 7 August ignited a steep AUD/NZD rally, from the 1.03 handle to 10 mo
GBP/USD is retracing down from the daily highs, now challenging the 1.2900 handle. Brexit headlines are the main Cable drivers.
The USD/CAD pair built on its modest recovery move from three-month lows and refreshed session tops, around the 1.3120 region in the last hour. Follow
United States Redbook Index (MoM) increased to -0.1% in October 18 from previous -0.2%
United States Redbook Index (YoY): 4.3% (October 18) vs 4.1%
While addressing the House of Commons ahead of the critical Brexit vote on Tuesday, British Prime Minister Boris Johnson reiterated that they need to
Gold edged higher on Tuesday, albeit lacked any strong follow-through beyond $1490 level and remained well within a broader trading range held over th
The data published by Statistics Canada on Tuesday revealed that retail sales in Canada contracted by 0.1% on a monthly basis in August following July
Canada Retail Sales ex Autos (MoM) below expectations (0.1%) in August: Actual (-0.2%)
Canada Retail Sales (MoM) registered at -0.1%, below expectations (0.4%) in August
The USD/JPY pair is struggling to make a decisive move in either direction on Tuesday and continues to fluctuate in a very tight range a little above
The GBP/USD pair lacked any firm directional bias on Tuesday and seesawed between tepid gains/minor losses through the mid-European session. Following
Brazil Mid-month Inflation came in at 0.09%, above expectations (0.04%) in October
British Prime Minister Boris Johnson's spokesman crossed the wires in the last minutes, reiterating that the government remains focused on winning sup
EUR/GBP remains under heavy pressure in the area of 5-month lows around the 0.8600 handle on Tuesday. EUR/GBP keeps the attention on upcoming vote The
The USD/CAD pair lost more than 50 pips on Monday and continued to slide on Tuesday to touch its lowest level since July 22 at 1.3068 before staging a
According to Rabobank analysts, the US existing home sales will be scrutinised for any warning signals that perhaps buyers have turned more cautious.
The now softer stance in the European currency is prompting EUR/JPY to abandon the area of recent peaks in the mid-121.00s. EUR/JPY focused on risk tr
Mexico Jobless Rate in line with expectations (3.8%) in September
Mexico Jobless Rate s.a registered at 3.5%, below expectations (3.6%) in September
TD Securities analysts are looking for Canada’s retail sales to rise by 0.6% in August (market: 0.5%) on further strength in motor vehicle sales, whic
Ken Reid, a political editor at UTV, tweeted out in the last minutes that the Northern Ireland's Democratic Unionist Party (DUP) was "highly likely" t
Analysis team at ANZ suggests that they are forecasting the Australia’s headline inflation to print 0.5% QoQ in Q3, with the annual rate remaining at
British lawmaker Boles on Tuesday proposed an amendment to require the government to seek an extension of the Brexit transition period to December 202
Russian Energy Minister Alexander Novak crossed the wires in the last minutes, arguing that the oil production in the United States is unlikely to gro
واجه زوج يورو/دولار EUR/USD بعض ضغوطات البيع في منطقة 1.1180، أو قممًا جديدة لمدة شهرين تم تسجيلها في بداية الأسبوع. عززت منطقة المقاومة هذه أيضًا تصح
The USD/CHF pair climbed to multi-day tops during the early European session on Tuesday, with bulls now eyeing a move beyond the 0.9900 round-figure m
Analysts at TD Securities suggest that the market is expecting the Richmond manufacturing index of the US to improve marginally in October to -7 follo
United Kingdom CBI Industrial Trends Survey - Orders (MoM) registered at -37, below expectations (-28) in October
Bert Colijn, senior economist at ING, notes that Eurozone’s bank lending standards eased again slightly in the third quarter. Key Quotes “On average,
EUR/USD Overview Today last price 1.114 Today Daily Change 23 Today Daily Change % -0.09 Today daily open 1.115 Trends Daily SMA20 1.1006 Daily SMA50
A senior Chinese diplomat, Wang Yi was out with some trade-related comments in the last hour, via Reuters, saying that the US forced China into a trad
Dollar Index Spot Overview Today last price 97.38 Today Daily Change 18 Today Daily Change % 0.06 Today daily open 97.32 Trends Daily SMA20 98.61 Dai
EUR/JPY Overview Today last price 120.93 Today Daily Change 47 Today Daily Change % -0.10 Today daily open 121.05 Trends Daily SMA20 118.69 Daily SMA
Gold edged higher through the early European session on Tuesday and is currently placed at the top end of its daily trading range, around the $1489 re
ANZ analysts suggest that India's inflation data mirror the consumption trends in recent months as core inflation has continued to slip, in line with
Hong Kong SAR Consumer Price Index dipped from previous 3.5% to 3.2% in September
United Kingdom Public Sector Net Borrowing came in at £8.734B below forecasts (£8.8B) in September
Justin Smirk, analyst at Westpac, suggests that Australia’s September quarter CPI is likely to rise 0.6%, lifting the annual pace to 1.8%yr from 1.6%y
Karen Jones, analyst at Commerzbank, suggests that USD/JPY continues to consolidate below the 200 day ma at 109.06 and they would allow for this to ho
The AUD/USD pair continued with its struggle to find acceptance above 50% Fibonacci level of the 0.7082-0.6671 downfall and quickly retreated few pips
FX Strategists at UOB Group now see USD/JPY moving into a rangebound phase in the near term. Key Quotes 24-hour view: “Expectation for USD to “test th
The European Union Council President Donald Tusk was out with some comments via a tweet and said: I am consulting EU leaders on how to respond to the
The outlook on NZD/USD remains bullish with the next target at the 0.6450 level, noted FX Strategists at UOB Group. Key Quotes 24-hour view: “We expec
The upside momentum in the single currency is losing further traction on Tuesday and is dragging EUR/USD to the area of daily lows near 1.1140. EUR/US
The NZD/USD pair was seen oscillating in a narrow trading band, comfortably above the 0.6400 handle, and consolidated the recent strong gains to over
The European Commission President Jean-Claude Juncker crossed the wires in the last hour, saying that Brexit is a waste of time and energy. Key quotes
Cable should break above the ley 1.30 handle in order to allow for extra gains to probably 1.3150, suggested FX Strategists at UOB Group. Key Quotes 2
Analysts at Standard Chartered note that China’s economic growth is on a downward trend, having slowed steadily to 6.6% in 2018 from a peak of 14.2% i
The European Union Council President Donald Tusk, speaking in the parliament this Tuesday, said that we are ready for all scenarios and will react to
According to Karen Jones, analyst at Commerzbank, GBP/USD has reached the psychological resistance at 1.30 and directly above here we have the 200 wee
The USD/JPY pair failed to capitalize on the early uptick to multi-day tops and is currently placed at the lower end of its daily trading range, just
Analysts at TD Securities note that Speaker John Bercow rejected Boris Johnson's request for another "Meaningful Vote" yesterday, so the government wi
ANZ analysts explain that in what’s been a broad-based slowdown for the New Zealand economy, the pace of headline GDP growth has almost halved from ar
Karen Jones, analyst at Commerzbank, notes that EUR/USD held steady yesterday and continues to target initially the 200 day ma at 1.1207 and then the
GBP/USD buyers have reasons to worry as the pair trades near 1.2985 prior to the London open on Tuesday.
CME Group’s preliminary figures for JPY futures markets saw open interest rising for the second consecutive session on Monday, this time by just 229 c
Danske Bank analysts suggest that it is a very quiet day on the data release front and the Brexit will continue to catch the limelight with the Boris
Analysts at TD Securities are expecting the NBH to keep all its policy rates and the liquidity target to stay unchanged at today's Monetary Council (M
GBP/USD is trading around 1.30 and awaiting a critical vote on Brexit in the UK parliament. The technical battle lines are drawn. The Technical Conflu
FX Strategists at UOB Group remain constructive on EUR/USD, although some consolidation is likely in the next sessions. Key Quotes 24-hour view: “We h
Open interest in GBP futures markets went down for another session on Monday, this time by more than 6K contracts according to advanced figures from C
Here is what you need to know on Tuesday, October 22: Brexit: Parliament will have its first say on Prime Minister Boris Johnson's deal today after 18
UOB Group’s Economist M.Udomkerdmongkol reviewed the recent exports data from Thailand. Key Quotes “Thailand’s Sep exports dropped 1.4% y/y with value
Failure to extend the latest recovery seems to portray the USD/CHF pair’s weakness as it trades around 0.9870 amid pre-European session on Tuesday.
In light of flash data for EUR futures markets from CME Group, investors added nearly 3.4K contracts to their open interest positions at the beginning
Economist at UOB Group E.Tanuwidjaja assessed the implications of the nickel ore exports ban on the Indonesian current account. Key Quotes “Ministry o
Increasing expectations of the US-China trade deal, backed by calls of progress from both the economies, please the Asian investors.
The Greenback, when tracked by the US Dollar Index (DXY), is trading without a cler direction around the 97.30 region. US Dollar Index focused on data
ANZ-Roy Morgan Australian Consumer Confidence made a partial recovery last week, rising 0.6% after the prior week’s 1.2% drop, notes the research team
ING analysts suggest that the path ahead this week is a rocky one and of the five big hurdles this week, the best chance of a GBP rally may come earli
ANZ analysts point out that New Zealand’s housing market has tightened a touch in recent months, although the volume of house sales remains subdued. K
With its failure to cross near-term key resistance-confluence, USD/INR remains under pressure while taking rounds to 70.90 during early Tuesday.
Andrew Kelvin, chief Canada strategist at TD Securities, points out that in Canada, the Liberal Party won the most seats in Federal Election, defeatin
Amid overall positive trade headlines, Nikkei came out with the news story that China is seeking $2.4 billion in retaliatory sanctions against the US.
Netherlands, The Consumer Spending Volume declined to 1.4% in August from previous 1.7%
Netherlands, The Consumer Confidence Adj: -1 (October) vs -2
Forex today carries the previous risk-on forward, mainly backed by trade-positive comments from the US and China while Brexit headlines largely ignored.
EUR/USD fell 0.18% on Monday, snapping the four-day winning streak. Notably, the pair formed an inverted hammer on Monday, signaling the rally from Oc
The GBP/USD market has turned indecisive near the crucial psychological resistance of 1.30 amid the lingering Brexit uncertainty. The currency pair ca
With its U-turn from near-term key support confluence, USD/JPY flashes 108.65 as a quote during early Tuesday.
Canadian Prime Minister Justin Trudeau's Liberals will form a minority government, according to CBC News' latest projection. The Liberals will be able
The USD/CAD pair is recovering losses on reports stating that Canadian Prime Minister Trudeau is likely to win the second term. The currency pair is c
With the Aussie buyers struggling to hold upside momentum around a monthly high, AUD/USD takes rounds to 0.6865 amid early Tuesday.
Canada's Prime Minister Justin Trudeau's Liberal party is expected to form a minority government, according to CBC news. So far, the news has not had
AUD/JPY printed a 2.5-month high soon before press time, possibly due to easing of US-China trade tensions and the resulting rally in the stock market
In addition to the previous comments, China’s Vice Foreign Minister followed the footsteps of the United States (US) President while spreading trade optimism.
China’s Vice Foreign Minister recently crossed wires while portraying a rosy picture of the Chinese economy and the nation’s readiness to be strict.
With its sustained trading beyond 50-day Exponential Moving Average (EMA), NZD/USD rises to the five-week high while taking the bids to 0.6430.
The People's Bank of China (PBOC) has set the Yuan reference rate at 7.0668 versus Monday's fix at 7.0680. The markets were expecting the PBOC to anno
Canada’s federal election results have started to trickle in - However, we will not get the full picture until much later in the shift, circa 0200GMT
The news is crossing the wires via Bloomberg that Canadian Prime Minister Justin Trudeau’s ruling Liberal Party is on track to lose roughly half a doz
Bulls testing the 21-DMA, firmer by 0.28% in Asia. Bears have their sights on a break below the 50 handle. The price of WTI is firmer in Asia, higher
Although the US and China are gearing up for a successful trade deal, USD/CNH stays below near-term key resistance line (previous support).
Despite recovering from the monthly bottom, USD/IDR has many upside barriers to clear before restoring bull’s confidence.
The People's Bank of China (PBOC) is likely to announce the daily YUAN (CNY) fix at 7.0708, having set the reference rate at 7.0680 on Monday. The USD
USD/CAD is currently trading at 1.3078, the lowest level since July 22, representing a 0.20% loss on the day. The pair closed well below 1.3134 (Sept.
USD/JPY is flat in what would be otherwise the Tokyo open, but today is a holiday in Japan and liquidity is thin out there. Spot trades at 108.61 in a
GBP/USD bulls ignore recently Brexit-negative headlines from The Sun as the Cable clings to the multi-month top while taking the bids to 1.2973.
With the 6-month downtrend at 118.77 in the rearview mirror, EUR/JPY had accomplished the 120 handle and now the 121 handle, testing the 121.50 highs
Gold’s repeated failures to cross 200-bar Simple Moving Average (SMA) fails to portray the yellow metal’s weakness as the monthly trend line limits downside.
Although weekly consumer confidence data flashed positive signs for the AUD/USD pair, the Aussie fails to extend the latest upside while stepping back.
AUD/NZD has dropped from a high of 1.0793 and has scored a recent low of 1.0712 in today's early Asian trade. The Kiwi has been a top-performer over a
With its another failure to overcome late-May high, GBP/JPY takes the rounds to 140.80 during the early Asian session on Tuesday.
Early Asian morning on Tuesday, The Sun came out with the news that could increase hardships for the UK PM Johnson.
A holiday at Japan joins an absence of major data/events on the economic calendar to question the AUD/JPY pair’s rise to an 11-week high.
With the lack of fresh catalysts, the NZD/USD pair searches for clues to extend the previous run-up while staying close to 0.6400 at the start of Tuesday.
AUD/USD is trading above its main SMAs on the 30-minute chart, suggesting a bullish bias in the near term. Support is seen at the 0.6850, 0.6835 and 0
South Korea Producer Price Index Growth (YoY) meets forecasts (-0.7%) in September
South Korea Producer Price Index Growth (MoM) came in at 0.1%, below expectations (0.3%) in September