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Economic activity in US non-manufacturing sector smashes forecasts in November
Tue, 06 Dec 2016 07:28:03 GMT
 
The United States' services sector activity hit its one-year high last month, official figures revealed on Monday. >>
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EUR/GBP 30M Chart: Falling Wedge
Mon, 05 Dec 2016 16:20:04 GMT
 
EUR/GBP proved the downtrend unsustainable, exiting the falling wedge it had followed for two weeks to the upside. The pair has elevated above a red Ichimoku cloud and now faces >>
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AUD/USD 4H Chart: Double Bottom
Mon, 05 Dec 2016 16:09:03 GMT
 
Following a 5% loss in value, AUD/USD could be attempting a reversal with a double bottom formation. The pair will have to test 1.0073, the neckline, in order to give >>
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Evening Press Review
Mon, 05 Dec 2016 15:58:11 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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USD/CAD attempts to rebound from a tough support
Mon, 05 Dec 2016 15:20:11 GMT
 
The American Dollar continued to decline against the Loonie at the end of the previous week, almost completely ignoring the immediate support cluster around the 1.33 mark. >>
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AUD/USD trades in murky waters
Mon, 05 Dec 2016 15:09:03 GMT
 
There were no surprises in the AUD/USD pair's performance on Friday, as the commodity currency did outperform the US counterpart, but failed to erase the sharp Wednesday's slump. >>
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NZD/USD slides back under 0.71
Mon, 05 Dec 2016 14:58:49 GMT
 
Even though the New Zealand Dollar successfully ended the previous week higher, most of those gains risk being completely erased today. >>
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EUR/JPY takes a shot at climbing over 122.00
Mon, 05 Dec 2016 14:58:24 GMT
 
Friday ended with the Euro experiencing a small decline against the Japanese Yen, as the resistance cluster just above the 122.00 mark proved to be impenetrable at that moment. >>
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US Services PMI grows at a slower-than-expected pace
Mon, 05 Dec 2016 14:58:15 GMT
 
As reported by Markit Economics, the US Services Purchasing Manager's Index grew slightly less than anticipated in November. The reading was 54.6, compared to the 54.8 forecast, but a significant >>
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OPEC deal promotes higher oil prices
Mon, 05 Dec 2016 14:58:07 GMT
 
Since OPEC members agreed to cut oil production last week, prices for Brent crude surged beyond the $55 per barrel mark, reaching the highest level in 16 months. At the >>
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Euro recovers as reaction on Italy referendum disappears
Mon, 05 Dec 2016 14:57:59 GMT
 
The European single currency managed to recover from its March 2015 low, while a drop in Italy's bonds was also limited, as the initial reaction caused by Italy's Prime Minister >>
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Gold dives Monday morning
Mon, 05 Dec 2016 10:12:42 GMT
 
Despite its safe haven nature, the Bullion lost value against the US Dollar amid high uncertainty in markets. XAU/USD opened 1.4% red Monday morning, respecting the monthly channel, and re-entering >>
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USD/JPY takes another shot at conquering 114.00
Mon, 05 Dec 2016 09:47:50 GMT
 
The US unemployment rate fell to a nine-year low in November, adding to expectations that US interest rates will rise later this month. >>
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EUR/USD shows uncertainty as volatility rises
Mon, 05 Dec 2016 09:32:27 GMT
 
EUR/USD showed little consistency in its movements, as uncertainty amid the Italian referendum led to increased volatility in most markets. >>
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GBP/USD to reach a new two-month high
Mon, 05 Dec 2016 09:29:53 GMT
 
The US unemployment rate fell to a nine-year low in November, adding to expectations that US interest rates will rise later this month. >>
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