Market News and Research

Market News and Research

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German SPD ready for talks on coalition with other parties
Fri, 24 Nov 2017 08:34:42 GMT
The German Social Democratic Party is ready to cooperate with other parties over coalition talks and political deadlock resolution to form a stable government. >>
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CHF/JPY 1H Chart: Franc enters period of consolidation
Fri, 24 Nov 2017 08:30:52 GMT
CHF/JPY is trading in a two-month descending channel. >>
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GBP/NZD 1H Chart: Pound breaches minor down-trend
Fri, 24 Nov 2017 08:29:03 GMT
The Pound has been confined in a channel up against the New Zealand Dollar since mid-July. >>
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Uber to cooperate with Mahindra on EVs in India
Fri, 24 Nov 2017 08:27:19 GMT
The ride-hailing service Uber Tech is set to partner with the carmaker Mahindra and Mahindra, as the company seeks to add e-vehicles on its Indian platform. >>
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XAU/USD forms symmetrical triangle
Fri, 24 Nov 2017 08:12:11 GMT
In result of fluctuations in a limbo between the 1,295.00 and 1,287.22 levels the exchange rate has formed a minor symmetrical triangle. >>
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EUR/USD struggles to bypass 1.1860
Fri, 24 Nov 2017 07:59:57 GMT
Previous trading session the currency rate expectedly spent in limbo between the 1.1860 and 1.1837 levels. >>
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XAU/USD forms symmetrical triangle
Fri, 24 Nov 2017 07:33:09 GMT
On the one hand, in first half of the previous trading session the exchange rate expectedly tried to slip to the weekly PP at 1,287.22. >>
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USD/JPY tests 55-hour SMA
Fri, 24 Nov 2017 07:31:09 GMT
Due to beginning of Thanksgiving holidays in the United States, which led to reduced liquidity, the currency rate indeed spent previous trading session between the weekly S1 at 111.40 and >>
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GBP/USD breaks below 1.33
Fri, 24 Nov 2017 07:29:35 GMT
In line with expectations, the cable continued to gradually moving to the bottom after making a rebound from the upper edge of a currently active ascending channel that was additionally >>
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EUR/USD struggles to bypass resistance at 1.1860
Fri, 24 Nov 2017 07:28:10 GMT
After making a rapid advance two days ago the currency exchange rate entered into consolidation phase, fluctuating between the 1.1837 support and the 1.1860 resistance levels. >>
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Romania's PM says central bank failed to strengthen Leu
Fri, 24 Nov 2017 07:09:30 GMT
The Romanian Prime Minister Mihai Tudose criticised the National Bank of Romania for failing to take appropriate measures to stop the weakening of the Leu against the Euro. >>
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Russia remains China's main oil supplier
Fri, 24 Nov 2017 07:08:43 GMT
The Chinese General Administration of Customs reported on Friday that Russia had maintained its leader position as the country's main oil supplier for the eighth consecutive month. >>
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USD/CAD: Canadian Retail Sales
Fri, 24 Nov 2017 07:06:08 GMT
The Canadian Dollar depreciated significantly against the Greenback, as the report showed that the country's retail sales rose less than anticipated in September. >>
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GBP/USD: UK Second Estimate GDP
Fri, 24 Nov 2017 07:04:12 GMT
The Sterling was seen slightly stronger against the US Dollar, after the UK GDP growth report came in on Thursday. >>
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EUR/USD: EZ Flash Services PMI
Fri, 24 Nov 2017 07:01:59 GMT
The EUR/USD exchange rate was shaken sligtly over the course of Thursday, when several PMI reports for the Euro zone indicated that fresh growth momentum occured. >>
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