USD/CAD continues its winning streak for the fourth successive day, trading around 1.3710 during the early European hours on Friday. USD/CAD continues its winning streak for the fourth successive day, trading around 1.3710 during the early European hours on Friday. However
Commerzbank’s Michael Pfister discusses how US allies in Middle East and Asia are seeking Dollar swap lines as conflicts curb energy exports and tourism. Commerzbank’s Michael Pfister discusses how US allies in Middle East and Asia are seeking Dollar swap lines as conflict
EUR/GBP remains stalled below 0.8680 following strong UK Retail Sales data The Euro (EUR) remains practically flat against the British Pound (GBP) on Friday, trading at 0.8675 at the time of writing, with resistance at the 0.8680 area capping Thursday’s rebound from 0.8654...
The Euro (EUR) remains practically flat against the British Pound (GBP) on Friday, trading at 0.8675 at the time of writing, with resistance at the 0.8680 area capping Thursday’s rebound from 0.8654 lows. The Euro (EUR) remains practically flat against the British Pound (G
Sterling mostly steady after data as Mandelson vetting scandal continues After a mostly positive job report and inflation in line with expectations, the BoE is nearly certain to hold next... Sterling mostly steady after data as Mandelson vetting scandal continues After a m
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EUROPEAN SESSION In the European session, we have the German IFO survey. EUROPEAN SESSION In the European session, we have the German IFO survey. The IFO is correlated to the German Composite PMI given that they measure basically the same thing. The Business Climate
EUR/USD: Downside risk hinges on 1.1665 break – UOB United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note EUR/USD has slipped to a two-week low near 1.1680 as Euro area activity weakens, but short-term downside momentum is slowing. EUR/USD: Downside ri
GBP/JPY drops to near 215.00 even as UK Retail Sales beats estimates The GBP/JPY pair finds buyers’ interest above 215.00 during the European trade on Friday after the release of the United Kingdom (UK) Retail Sales data for... GBP/JPY drops to near 215.00 even as UK Retai
Pound Sterling steadies above 1.3450 following UK Retail Sales data GBP/USD steadies after three days of losses, trading around 1.3470 during the Asian hours on Friday. Pound Sterling steadies above 1.3450 following UK Retail Sales data GBP/USD steadies after three days of