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EUR/PLN 4H Chart: Channel Down
Wed, 17 May 2017 09:00:39 GMT
 
The common European Currency is trading against the Polish Zloty simultaneously in the long-term and short-term descending channels. The junior channel has formed as result of the currency rate's rebound >>
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XAU/USD stretches further up
Wed, 17 May 2017 08:57:58 GMT
 
The XAU/USD cross has been recovering since it touched the broadening rising wedge's support line one week ago. >>
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USD/JPY slumps on safe-haven demand
Wed, 17 May 2017 08:56:21 GMT
 
As was anticipated, the USD/JPY currency pair found support near 112.90 yesterday, where the monthly R1 and the 100-day SMA rest. >>
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GBP/USD set for another quiet day
Wed, 17 May 2017 08:54:53 GMT
 
Another day ended with the GBP/USD pair remaining relatively flat, with the bullish momentum prevailing only slightly, despite an upbeat UK inflation reading. >>
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EUR/USD attempts to climb higher
Wed, 17 May 2017 08:52:01 GMT
 
Tuesday ended with the EUR/USD currency pair breaching the ascending channel's resistance line with ease, opening the door for more bullish potential. >>
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CAD/HKD 1H Chart: Channel Up
Wed, 17 May 2017 08:42:46 GMT
 
The Canadian Dollar is trading against the Hong Kong Dollar in the short-term ascending channel. Formation of the channel began shortly after a the Hong Kong Dollar's rapid depreciation on >>
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Volvo to shut down diesel engine production
Wed, 17 May 2017 08:31:01 GMT
 
On Wednesday, the Volvo CEO Hakan Samuelsson announced that the automaker was not eager to develop new diesel engines as meeting the emissions standards became too expansive following the rising >>
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Dairy product prices rise for fifth consecutive auction; PPI climbs 0.8% in March quarter
Wed, 17 May 2017 08:26:17 GMT
 
Dairy prices rose for the fifth consecutive time at the latest auction in New Zealand, pointing to a solid recovery. >>
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US homebuilding activity slows in April but data hints at rebound; industrial output rises 1.0% last month
Wed, 17 May 2017 08:25:46 GMT
 
US homebuilding activity dropped in April; however, revisions of the preceding month's readings suggested that homebuilding activity continued improving. >>
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British consumer inflation rises more than expected last month
Wed, 17 May 2017 08:25:30 GMT
 
UK consumer inflation climbed more than expected last month amid the sharp fall in the value of the Pound caused by Britain's decision to leave the European Union. >>
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Japan key spokesman denies PM's involvement in school scandal
Wed, 17 May 2017 08:17:14 GMT
 
According to the Japanese top spokesman, the Prime Minister Shinzo Abe was not involved into a public scandal as he did not help an educational institution to get permission for >>
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China builds up rocket launchers on Spratly Islands' disputed reef
Wed, 17 May 2017 07:34:09 GMT
 
According to a local newspaper, China constructed rocket launchers on the one of the reefs in the disputed South China Sea, tending to ward off the military combat drivers of >>
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Greeks stage nationwide protest over bailout reforms
Wed, 17 May 2017 07:20:07 GMT
 
Greece's private and public sector unions have called the nationwide protest strikes on Wednesday as the lawmakers are eager to trigger a new round of the €86B bailout reforms. >>
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Morning Press Review
Wed, 17 May 2017 06:45:02 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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China considers US to take blame for cyber attack
Wed, 17 May 2017 06:34:32 GMT
 
On Wednesday, China condemned the United States for inhibiting the attempts to stop the WannaCry ransomware attack spread across the world and said the US should take some blame for >>
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