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CHF/SGD 1H Chart: Triangle
Fri, 13 May 2016 14:20:04 GMT
 
Outlook for the Swiss Franc against the Singapore Dollar is bullish. This currency pair has been building a symmetrical triangle pattern in the 1H chart, where the first leg has >>
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New York's trading session starts slightly in the red on Friday
Fri, 13 May 2016 14:09:12 GMT
 
Wall Street started trading slightly lower on Friday, as Apple drove down markets on Thursday. Investors cheered for the strong increase of US April retail sales. Standard & Poor's 500 >>
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US retail sales in April released higher than expected
Fri, 13 May 2016 13:32:12 GMT
 
April came with a resurrection of consumer spending shown in just released US retail sales numbers. Total retail sales on monthly basis increased 1.3%, which is the sharpest jump in >>
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Iran reaches pre-sanction oil output levels in April
Fri, 13 May 2016 13:21:13 GMT
 
After sanctions on Iran were lifted, this crude oil producer ramped up production to regain their market share and now reached pre-sanction levels of November 2011. International Energy Agency reports, >>
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Aussie declines to 10-week low
Fri, 13 May 2016 13:10:03 GMT
 
The Australian Dollar encountered the deepest plunge since March 2 on Friday, following speculation on further rate cuts by the RBA. The Aussie traded 0.7% cheaper against the US Dollar >>
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Investors awaiting bullish New York trading session on Friday
Fri, 13 May 2016 11:33:13 GMT
 
Investors prepared for negative trading session in New York on Friday, as most expect fall in US retail sales in April. Futures of equity in New York fell before weekend. >>
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Euro Zone's GDP grows slower than expected in Q1 2016
Fri, 13 May 2016 11:22:06 GMT
 
Growth in Euro Zone in 2016 first quarter was better than previous quarter, but still lower than estimated previously. On a quarter-to-quarter basis the European economy strengthened by 0.5% and >>
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Kumiko Ishikawa, FX Market Analyst, at Gaitame.com Research Institute Ltd, on JPY
Fri, 13 May 2016 11:02:04 GMT
 
The most effective option for the Japanese economy is the suspending the consumption tax increase (scheduled for April, 2017) >>
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Pound depreciates against US Dollar on Friday
Fri, 13 May 2016 10:21:12 GMT
 
On Thursday, the Sterling appreciated against the Greenback and rallied above the 1.45 dollar level, but fell soon afterwards around 100 pips on Friday. The UK currency lost 0.3% against >>
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Italy stays on a steady and slow growth course in Q1 2016
Fri, 13 May 2016 10:10:04 GMT
 
Italian Gross Domestic Product data for last quarter was published on Friday, and the report shows another quarter of steady and slow growth. Last quarter GDP growth was 0.3%, as >>
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Foreign demand causes treasury prices to spike
Fri, 13 May 2016 09:59:12 GMT
 
Treasury prices reached a one-month high, as foreigners enhanced their 10-year bond investments, pushing the yields down by 3.5 bps to show 1.729%. Accepted bid amounts were topped 2.68 times, >>
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Bearish sentiment dominates Asian stocks on Friday
Fri, 13 May 2016 09:37:03 GMT
 
Stocks in Asia traded lower, because Japanese exchanges were affected by a rising yen. In the meantime, commodities dragged down Australian markets. Nikkei 225 index ended trading 1.4% down at >>
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European stocks open in negative territory
Fri, 13 May 2016 09:26:09 GMT
 
Markets opened low on Friday, taking over the negative sentiment from Asian bourses, where focus was directed towards data on earnings and economics. The DAX 30 index took a 0.76% >>
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Gold undecided around monthly pivot point
Fri, 13 May 2016 09:15:23 GMT
 
Bullion prices are quite volatile this week, as gains are quickly changed by massive sell-offs. >>
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EUR/USD plunges as EU GDP data looms
Fri, 13 May 2016 09:04:14 GMT
 
The Euro traded cheaper against the dollar during the session on Friday, sliding by 0.25% to show $1.1350, and volatility is anticipated during the rest of the session, as EU >>
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