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UK construction output falls more than expected
Thu, 05 May 2016 06:59:04 GMT
 
The UK's construction output rose at the slowest pace in nearly three years in April, suggesting the economy was losing steam before June's referendum on whether to leave the European >>
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US companies add 156,000 jobs in April
Thu, 05 May 2016 06:48:05 GMT
 
American private employers added the fewest workers in three years in April, considerably below economists' expectations, with signs of weak hiring activity across most sectors. >>
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Euro zone growth to be steady but slow in Q2
Thu, 05 May 2016 06:37:06 GMT
 
Economic growth in the Euro zone is likely to be steady but slow in the second quarter, underlying European Commission concerns that the currency area's recovery remains fragile and vulnerable to setbacks. >>
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Gold fails at weekly PP, forced to rebound
Thu, 05 May 2016 06:20:35 GMT
 
Natural gas continued to greatly diverge from its counterparts in the commodity market. It posted a daily surge of 2.64% on May 4, while all others used to hover in >>
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EUR/USD weakens despite soft ADP data
Thu, 05 May 2016 06:20:17 GMT
 
The European single currency was up the most against the Canadian Dollar on Wednesday. This is the only component, which surpassed the 1% mark and stopped growing at 1.06%. >>
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EUR/GBP 1H Chart: Channel Up
Thu, 05 May 2016 05:11:04 GMT
 
EUR/GBP has recently broken out of the bearish channel to the upside and subsequently formed a new pattern—an ascending channel. The outlook on the currency pair for the next several >>
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CAD/JPY 1H Chart: Channel Down
Thu, 05 May 2016 05:00:23 GMT
 
The pair's prospects are ambiguous. On the one side, CAD/JPY is currently trading in a bearish channel with a slight majority of technical studies implying weaker Canadian Dollar. On the >>
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NZD/USD struggles to preserve the up-trend
Wed, 04 May 2016 16:09:05 GMT
 
The New Zealand Dollar plunged against the American one on Tuesday, driven not only by falling oil prices, but also by rising unemployment rate in New Zealand. >>
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USD/CAD aims for 1.29
Wed, 04 May 2016 15:58:14 GMT
 
Yesterday's sharp decline of oil prices caused the Canadian Dollar to experience a substantial sell-off, allowing the US Dollar to reach the highest level in almost two weeks. >>
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AUD/USD stuck between 0.7450 and 0.75
Wed, 04 May 2016 15:47:07 GMT
 
The unexpected RBA's interest rate cut yesterday caused the Australian Dollar to severely weaken against its US counterpart and even breach the rising wedge pattern to the downside. >>
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EUR/JPY takes another shot at retaking 123.00
Wed, 04 May 2016 15:36:07 GMT
 
The Euro remained relatively unchanged against the Japanese currency on Tuesday, failing to fall back towards the 122.00 major level. >>
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US crude oil inventories increase more-than-expected
Wed, 04 May 2016 15:20:09 GMT
 
On Wednesday, the Energy Information Administration's weekly report revealed that crude oil inventories in the US increased by 2.8 million barrels in the period ended April 29, following a 2.0 >>
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Evening Press Review
Wed, 04 May 2016 15:09:11 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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US service sector grows in March
Wed, 04 May 2016 14:58:15 GMT
 
The ISM Non-Manufacturing Index jumped to 55.7 points in the fourth month of the year, following March's 54.5 reading and surpassing analysts' expectations of 54.8. Meanwhile, the Markit Services PMI >>
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US unit labour costs grow 4.1% in Q1
Wed, 04 May 2016 14:47:06 GMT
 
ULC in the United States' private sector jumped 4.1% in the first three months of the year, according to the latest data released on Wednesday. In the meantime, US hourly >>
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