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GBP/USD to undergo a correction
Mon, 16 May 2016 08:01:41 GMT
 
The Sterling failed to outperform other major currencies on Friday and over the weekend, with rather sharp losses detected against the Yen and the US Dollar. >>
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Dukascopy Aggregate Technical Indicator Morning
Mon, 16 May 2016 07:57:03 GMT
 
Dukascopy Aggregate Technical Indicator for 30 min, 1H, 4H and 1D time frame charts for major pairs for the last 144 periods till 07:30 GMT. >>
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AUD/SGD 4H Chart: Channel Down
Mon, 16 May 2016 07:46:14 GMT
 
Most of the studies show AUD/SGD is going to keep falling. For one, the pair has formed a high-quality descending channel, and the pattern implies that the price will bounce >>
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Expected oil production reductions spike oil prices on Monday
Mon, 16 May 2016 07:35:08 GMT
 
Crude oil prices increased on Monday, as markets waited for production output decrease in Venezuela and Nigeria. WTI futures jumped 1.4% to $46.84 per barrel and Brent surged 1.3% to >>
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China's economic data disappoints
Mon, 16 May 2016 07:24:14 GMT
 
China's industrial production, retail sales and investment undershot expectations in April, despite Beijing's aggressive easy-money policies in the first quarter, indicating ongoing weakness in the world's second-biggest economy. >>
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Governor Carney defends BoE warning that Brexit could lead to sharp slowdown of UK's economy
Mon, 16 May 2016 07:13:10 GMT
 
The Governor of the Bank of England strongly defended his warning last week that a vote to leave the European Union in June could push Britain into recession. >>
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US retail sales rise strongly in April; consumer confidence brightens
Mon, 16 May 2016 07:02:11 GMT
 
US retail sales surged the most in a year in April as Americans boosted purchases of automobiles and a range of other goods, suggesting the economy was regaining momentum after >>
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Gold receives bullish momentum from weekly PP
Mon, 16 May 2016 06:51:19 GMT
 
Precious metals were bid on Friday of the previous week, despite some Dollar's strength in the wake of optimistic statistical releases from the world's largest economy over the trading session. >>
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EUR/USD: outlook slips as trend-line breached
Mon, 16 May 2016 06:51:01 GMT
 
While the Japanese Yen failed to sustain a rally against the US Dollar on Friday amid positive fundamentals from the world's largest economy, the Asian currency was up the most >>
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Eurozone GDP shows good economic health, despite downward revision
Mon, 16 May 2016 06:45:03 GMT
 
Quarterly GDP growth showed a positive trend in the Euro area, rising above previous quarter levels even after a downward revision. >>
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GBP/AUD 4H Chart: Channel Up
Mon, 16 May 2016 06:34:21 GMT
 
GBP/AUD is well-positioned for a rally, since the pair is currently trading right at the lower boundary of the ascending channel. The bullish outlook is reinforced by the facts that >>
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Key highlights of the week ended May 13
Mon, 16 May 2016 06:25:04 GMT
 
The Bank of England warned Britain's economy would slow sharply, and could even slide into recession, if Britons voted to leave the European Union. >>
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Europe closes in green
Fri, 13 May 2016 17:09:07 GMT
 
The largest European stock markets closed Friday's trading session on a positive note, helped by better-than-expected data from the United States. The pan-European Euro Stoxx 600 Index added 0.5%, finishing >>
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Aussie drops to its two-month low
Fri, 13 May 2016 16:46:03 GMT
 
The Australian Dollar traded lower against its US counterpart, touching its two-month low on Friday. The Aussie dropped 0.72%, trading at $0.7272 by 16:00 GMT on the New York Stock >>
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US Dollar touches new daily highs by 15:30 GMT
Fri, 13 May 2016 16:35:05 GMT
 
The US dollar hit its intra-day high against the Euro on Friday, helped by the better-than-expected US retail sales figures reported earlier and the Michigan Consumer Confidence Index, which improved from >>
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