News

Australian Dollar (AUD) is unlikely to weaken much further; it is likely to trade in a lower range of 0.6420/0.6455. In the ...
Japanese inflation is expected to have eased in July, which might put BoJ's tightening plans into question.
As expected, the Riksbank left its policy rate unchanged at 2% on Wednesday. At the same time, it signaled the possibility of a further interest rate cut this year, which would be 'in line with the ...
EUR/GBP pulled back after failing to break above resistance at 0.8735/0.8765. While support at 0.8590 and the 50-DMA has held, a sustained rebound toward 0.8700 is possible, though a breach of 0.8590 ...
EUR/GBP moves little after the release of Purchasing Managers’ Index data from both economies. The S&P Global UK ...
The AUD/USD pair extends its losing streak for the fourth trading day on Thursday. The Aussie pair slides to near 0.6415 in ...
The GBP/JPY cross regains positive traction on Thursday and moves away from a nearly two-week low, around the 197.85 area touched the previous day. The momentum picks up pace during the first half of ...
The dollar is little changed after last night's release of the FOMC minutes for July. That FOMC meeting was held before the release of the July jobs data – meaning that all the references to a 'solid' ...
"Bearish momentum on daily chart intact but RSI shows signs of entering oversold conditions. Support at 0.58 (50% fibo retracement of Apr low to Jul high), 0.5730 (61.8% fibo). Resistance at 0.5830 ...
The Relative Strength Index (RSI) reads 42 on the daily chart, inching closer to the halfway line as buying pressure recovers. Additionally, the RSI has significantly recovered compared to the ...
The Swiss Franc is on its back foot on Thursday, weighed down by uninspiring trade figures. The Swiss trade surplus narrowed to 4.59 billion in July from 5.79 billion in the previous month, led by a 2 ...
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any ...