Market News and Analysis

It appears that the Cable did not yet gain enough momentum to break out from the rising channel it has been trading within since the beginning of March. >>

Upward impetus the currency pair has received from the 200-day SMA was insufficient to throw EUR/USD over the weekly pivot point, instead we see a re-test of 1.3072/70, which is >>

Canadian building permits surged more-than-expected in March, jumping 8.6% to C$6.45 billion ($6.40 billion) following a revised 1.5% gain a month earlier. >>

The U.K. business confidence continues to improve, despite a weak growth of the nation's economy. According to the quarterly Business Confidence Monitor, confidence remains at the highest level since the >>

The U.S. housing recovery falters, with the number of improved local housing markets across the country declining for a second consecutive month in May, the National Association of Home Builders >>

Dukascopy Trade Pattern Ideas for USD/CHF (Rising Wedge), AUD/CAD (Channel Down), GBP/USD (Channel Up) and EUR/TRY (Channel Up) pairs till 08:30 GMT. >>

Retail sales in the Euro area fell in March in line with economists' expectations, adding to signs that consumer demand is still weak, which is hampering recovery in the currency's >>

Property prices in Australia's eight capital cities increase in the first three months of 2013 mainly due to a notable advance in house prices in Sydney and Perth, a data >>

The Reserve Bank of Australia lowered its benchmark interest rates to the lowest level all-time on Tuesday as strong Australian Dollar weakens manufacturing output and increases unemployment in the country. >>

Gold decreased on Tuesday amid speculations that purchases of physical gold eased as prices of the metal advanced to the strongest level since April 15, when the bullion entered its >>

The Japanese currency increased versus all of its 16 most-traded peers on Tuesday amid speculation that recent fall towards 100-per-U.S. Dollar level was too steep. The Yen was traded 0.2% >>

The majority of Chinese shares declined on Tuesday as the technological sector and health-care companies led the fall before a data showed that exports in the country rose at the >>

Italy's service sector economy contracted at the slowest rate in a twenty-month period in April, as the level of new businesses also declined on the month, a report released by >>

Private sector in France contracted further in April; however, the pace of contraction was slower than originally projected, data released by the Markit Economics told on Monday. The report showed >>

West Texas Intermediate oil swung between gains and losses on Monday and was traded close to its highest level in a month amid speculation that oil flows from the Middles >>