Market News and Research

Market News and Research

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USD/JPY approaches 107.00
Mon, 19 Feb 2018 11:05:46 GMT
The Labour Department revealed that the US Producer Price Index climbed 0.4% in January, as forecasted. >>
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Australia to back UK in joining Trans-Pacific trade group
Mon, 19 Feb 2018 10:31:28 GMT
Australia's Foreign Minister Julie Bishop stated his country would welcome Britain's interest to join the Trans-Pacific Partnership trade group after leaving the European Union. >>
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Singapore plans to lift sales tax to 9% in 2021-2025
Mon, 19 Feb 2018 10:09:47 GMT
Singapore stated on Monday, it was planning to raise the sales tax from 7% to 9%, presumably in the time period from 2021 to 2025. >>
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GBP/USD tests strong support
Mon, 19 Feb 2018 09:41:32 GMT
Initially, the British Pound rose against the US Dollar despite lower-than-expected UK retail sales data, growing 11 base points to the 1.4118 mark. >>
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EUR/USD returns to 1.24
Mon, 19 Feb 2018 09:35:35 GMT
The Euro continued the trend against the Greenback, despite of the US producer prices showing its forecasted growth in January. >>
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Latvia's PM calls on Central Bank's head to quit
Mon, 19 Feb 2018 09:34:32 GMT
Latvia's Central Bank chief Ilmars Rimsevics should resign, after the anti-corruption agency had detained him, the Prime Minister Maris Kucinskis stated on Monday. >>
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Macedonia expects to reach settlement with Greece over name
Mon, 19 Feb 2018 09:18:30 GMT
Macedonia hopes to settle the decades-long name row with Greece at the NATO summit this summer, following the two countries' intention to resolve the issue. >>
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AUD/NZD 4H Chart: Pair guided by bearish patterns
Mon, 19 Feb 2018 08:43:36 GMT
After hitting the weekly pivot point at 1.1289 on October 24, 2017, the Australian Dollar has been trading in a channel down against its New Zealand counterpart.   >>
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AUD/CAD 4H Chart: Pair ready to breach dominant channel
Mon, 19 Feb 2018 08:41:08 GMT
A review was made for the Aussie pair, as the previously drawn pattern was broken. The currency pair has been volatile since the last time it was reviewed.  >>
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Turkish woman sentenced to death for joining IS
Mon, 19 Feb 2018 08:30:16 GMT
On Monday, the Iraqi Baghdad criminal court's spokesman stated that a Turkish woman had been sentenced to death by hanging, as she was found guilty of joining the Islamic State. >>
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India's investigators shut down bank branch amid fraud
Mon, 19 Feb 2018 08:25:49 GMT
According to the police sources, India's federal investigators shut down the state-run bank branch that is linked to a $1.77B fraud. >>
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XAU/USD likely to consolidate
Mon, 19 Feb 2018 08:22:11 GMT
The yellow metal has remained stable against the US Dollar during the following two weeks. >>
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USD/JPY tries to recover after 15-month low
Mon, 19 Feb 2018 08:19:09 GMT
The US Dollar managed to regain some lost positions against the Japanese Yen on Friday, thus reversing its period of decline apparent since February 2. >>
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GBP/USD bounded by SMAs
Mon, 19 Feb 2018 08:15:42 GMT
Following a test of 1.4150 on Friday morning, downside risks took over the market and pushed the rate 0.92% lower during the following hours. >>
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EUR/USD returns to 1.24
Mon, 19 Feb 2018 08:13:02 GMT
The strong bullish momentum that prevailed in the market last week allowed the Euro to hit a new 2015/2018 high of 1.2550 against the US Dollar early on Friday. >>
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