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NIESR forecasts BoE's base interest rate to remain unchanged
Tue, 10 May 2016 14:53:15 GMT
 
The UK's National Institute of Economic and Social Research revised down its growth forecast for the current year from 2.3% to 2.0%. In addition, the NIESR stated that the Bank >>
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Evening Press Review
Tue, 10 May 2016 14:42:44 GMT
 
Stay informed about the latest news on the economy, politics, FX by reading our press review with top videos and comments from world's leading financial bloggers. >>
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NZD/USD risks falling under 0.67
Tue, 10 May 2016 14:35:41 GMT
 
The New Zealand currency weakened against its US counterpart at the beginning of the week, with the immediate support cluster failing to hold the losses. >>
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EUR/JPY prolongs rally on risk-appetite
Tue, 10 May 2016 14:35:24 GMT
 
The European currency managed to post solid gains against the Japanese Yen on Monday, retaking the 123.00 major level. >>
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Wholesale Inventories rise 0.1% in US
Tue, 10 May 2016 14:32:04 GMT
 
The Department of Commerce reported on Tuesday that Wholesale Inventories in the United States increased 0.1% month-over-month in March, in line with market expectations and surpassing the previous month's reading, >>
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Dukascopy Aggregate Technical Indicator Afternoon
Tue, 10 May 2016 14:17:05 GMT
 
Dukascopy Aggregate Technical Indicator for 30 min and 1H time frame charts for major pairs for the last 144 periods till 15:30 GMT. >>
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EUR/JPY 4H Chart: Descending Triangle
Tue, 10 May 2016 14:06:04 GMT
 
Since the Euro has been in a long-lasting decline against the Japanese Yen, its outlook remains overwhelmingly negative. Moreover, by building the descending triangle pattern this cross is showing that >>
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USD/SGD 1H Chart: Channel Up
Tue, 10 May 2016 13:55:05 GMT
 
In the short-term we are likely to observe a setback in terms of the US Dollar's value against its peer from Singapore. This is because the pair has recently touched >>
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UK trade gap narrows in March
Tue, 10 May 2016 13:44:15 GMT
 
According to the latest data, the UK trade deficit narrowed more-than-expected in the third month of the year. The country's trade gap shrank from February's revised 11.4 billion to 3.8 >>
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Positive outlook on session causes Wall Street futures to rise
Tue, 10 May 2016 11:23:04 GMT
 
US stock futures hiked on Tuesday, ahead of corporate earnings result and JOLTS job opening data releases. S&P 500 futures traded 0.6% higher at 2 066.5 points, anticipating markets to >>
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Aussie recovers from last week's lows
Tue, 10 May 2016 11:12:13 GMT
 
The Australian Dollar traded 0.4% higher against the US Dollar on Tuesday as result of surging commodity prices, erasing losses from the previous session. The Aussie experienced significant downward pressure >>
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Oil prices gain as stockpile data looms
Tue, 10 May 2016 11:01:05 GMT
 
Following volatility the day before, oil prices surged on Tuesday, awaiting the weekly data release on US inventories. The number for the week ending April 29 surprised analysts with a >>
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German industrial output takes a hit
Tue, 10 May 2016 10:50:04 GMT
 
The data release on German factories, mines and utilities showed a 1.3% drop in the seasonally adjusted monthly output, falling short of analyst expectations of a 0.2% decline. This puts >>
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Gold risks retreating down to 1,250 zone
Tue, 10 May 2016 08:33:23 GMT
 
Commodities were down across the spectrum on Monday, compared with Friday's rally amid Greenback's weakness. However, on May 9 the US currency rebounded substantially, as financial markets began speculating again >>
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EUR/USD little changed within correction phase
Tue, 10 May 2016 08:32:56 GMT
 
Provided with rising expectations that the Federal Reserve may increase interest rates as soon as June and increasing energy prices, the Euro managed to appreciate against the Japanese Yen and >>
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