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Morning Press Review
Thu, 26 May 2016 07:51:33 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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GBP/USD on the edge of breaking the 22-month resistance line
Thu, 26 May 2016 07:36:45 GMT
 
Risk appetite caused the Sterling to appreciate the most against the safe-haven Yen, with the pair adding 0.60%, while the Pound also managed to outperform most of major currencies yesterday. >>
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Australian business investment plunges more than expected in Q1
Thu, 26 May 2016 07:34:13 GMT
 
Private capital expenditure in Australia dropped more than expected in the first quarter, a further sign the risks for Australia's March quarter GDP data appear to be building to the >>
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Bank of Canada keeps interest rate steady
Thu, 26 May 2016 07:23:13 GMT
 
The Bank of Canada announced that it decided to keep its target for the overnight rate at 0.50%, indicating that a strong start to the year will disappear quickly on >>
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Crude inventories fall 4.2 million barrels in the week to May 20
Thu, 26 May 2016 07:12:29 GMT
 
The US crude inventories dropped last week, posting the biggest weekly decline in seven weeks, due to the falling import, which forced refiners to cut output. >>
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Gold sees rising upside risks from 100-day SMA
Thu, 26 May 2016 07:01:36 GMT
 
Prices of gold continued to slide down for the sixth consecutive day on Wednesday. >>
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USD/JPY struggles to remain above 110.00
Thu, 26 May 2016 07:01:12 GMT
 
As was anticipated, the USD/JPY pair's volatility was limited by the 110.50 level yesterday, but the exchange rate still closed lower, namely on top of the 55-day SMA. >>
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GBP/USD on the edge of breaking the 22-month resistance line
Thu, 26 May 2016 06:59:20 GMT
 
The British Pound once again managed to outperform the US Dollar, reaching the 1.47 major level yesterday, where the Bollinger band coincides with the 22-month down-trend. >>
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EUR/USD attempts to erase earlier losses
Thu, 26 May 2016 06:58:48 GMT
 
EUR/USD consolidated under the 100-day SMA on Wednesday, thereby pushing our short-term outlook further downwards. >>
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German Ifo Business Climate rises to 5-month high in May
Thu, 26 May 2016 06:52:14 GMT
 
German business confidence improved more than expected in May, hitting its highest level in five months, and supporting optimism that Euro zone's biggest economy will extend its surprisingly strong start >>
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Gold sees rising upside risks from 100-day SMA
Thu, 26 May 2016 06:41:36 GMT
 
Among all major commodities, only gold continued to fall down on Wednesday and slumped 0.23%, given expectations that the Federal Reserve will raise the main target interest rate in June >>
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EUR/USD attempts to erase earlier losses
Thu, 26 May 2016 06:41:14 GMT
 
European fundamental data, particularly from Germany, has been very positive on Wednesday. >>
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Gold prices keep falling on Wednesday
Wed, 25 May 2016 16:55:13 GMT
 
Gold erased all its early gains on Wednesday and dropped below the $1230 mark. The bullion lost 0.55%, trading at $1,222.50 per troy ounce by 14:15 GMT on the New >>
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European stocks post solid gains on Wednesday
Wed, 25 May 2016 16:44:15 GMT
 
Europe's major stock indices closed Wednesday's trading session strongly in the green. Germany's DAX 30 Index added 1.50%, finishing at 10,208.31, Britain's FTSE 100 Index gained 0.73%, closing at 6,264.88 points. Meanwhile, >>
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WTI and Brent trade higher by 15:20 GMT
Wed, 25 May 2016 16:14:12 GMT
 
West Texas Intermediate crude oil futures traded 0.86% higher at $49.04, whereas Brent futures jumped 1.30%, trading at $49.24 by 15:20 GMT on the New York Stock Exchange. On Wednesday, it >>
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