May 18, 2020 12:48 PM The EUR/USD pair is up within range this Monday, maintaining its neutral stance at the beginning of the day. The greenback is weaker as investors mov... May 18, 2020 12:36 PM The USD/TRY currency pair failed to exceed the psychological level at 7.2500. Since the beginning of May, the pair has been trading downwards. Note th... May 18, 2020 12:26 PM Gold gained some strong follow-through traction for the fifth consecutive session and shot to fresh multi-year tops, around the $1765 region on Monday... May 18, 2020 12:25 PM The New Zealand Dollar declined by 86 pips or 1.42% against the US Dollar on Friday. The currency pair was pressured lower by the 50– hour simple movi... May 18, 2020 12:20 PM The US Dollar surged by 92 pips or 0.66% against the Canadian Dollar on Friday. The currency pair bounced off the lower boundary of an ascending chann... May 18, 2020 12:14 PM The Australian Dollar declined by 64 pips or 1.00% against the US Dollar on Friday. The currency pair was pressured lower by the 100– and 200– hour SM... May 18, 2020 12:11 PM The common European currency surged by 60 pips or 0.52% against the Japanese Yen on Friday. The currency pair bounced off the bottom border of an asce... May 18, 2020 12:00 PM On Friday, the XAU/USD exchange rate exceeded the 1,740.00 level. During today's morning, the rate was trading at 1,765.00. It is likely that yellow m... May 18, 2020 11:56 AM During previous trading session, the USD/JPY currency pair pierced the lower line of the rising wedge pattern. During Monday morning, the pair reverse... May 18, 2020 11:54 AM During the end of last week, the GBP/USD exchange rate broke the lower line of the falling wedge pattern. During Monday morning, the rate was trading ... May 18, 2020 11:53 AM The EUR/GBP cross extended its steady intraday pullback from over seven-week tops and was last seen trading near the lower end of its daily trading ra... May 18, 2020 11:51 AM On Friday, the EUR/USD currency pair failed to exceed the 1.0840 level. During today's morning, the pair was trading in the 1.0810 area. Given that th... May 18, 2020 11:31 AM EUR/USD is prolonging the consolidative note in the lower end of the monthly range at the beginning of this week. While further consolidation looks li... May 18, 2020 11:24 AM Lee Sue Ann, Economist at UOB Group, suggested the Bank Indonesia (BI) is expected to leave the key interest rate unchanged at Tuesday's meeting. Key ... May 18, 2020 11:13 AM DXY keeps navigating the upper end of the monthly range near 100.50, although a break above this region still remains elusive. In this area converge M... May 18, 2020 11:00 AM EUR/JPY is now attempting to consolidate in the 116.00 region following the rejection from last week's tops near 117.00 the figure. While trading belo... May 18, 2020 10:54 AM The USD/JPY pair is up this Monday, although holding within familiar levels. Market's moves are limited, with major pairs trading within familiar lev... May 18, 2020 10:33 AM UOB Group's Economist Ho Woei Chen, CFA, assessed the outlook for the Chinese economy amidst the ongoing recovery. Key Quotes "The economic data relea... May 18, 2020 10:17 AM The USD/CHF pair edged higher during the early European session and was last seen trading near the top end of its daily trading range, around the 0.97... May 18, 2020 09:46 AM The AUD/USD pair continued showing some resilience near the 0.6400 mark and managed to regain some positive traction on the first day of a new trading... May 18, 2020 09:08 AM The GBP/USD pair edged higher through the early European session and refreshed daily tops, around the 1.2125 region in the last hour, albeit lacked an... May 18, 2020 08:57 AM These are the main highlights of the CFTC Positioning Report for the week ended on May 12th: Speculators kept adding gross shorts to their already neg... May 18, 2020 08:24 AM Gold maintained its strong bid tone through the early European session and was last seen trading near multi-year tops, just above the $1760 level. The... May 18, 2020 08:04 AM In opinion of FX Strategists at UOB Group, extra gains in USD/CNH are expected to meet a tough barrier in the 7.1560 level. Key Quotes 24-hour view: "... May 18, 2020 08:00 AM The single currency is alternating gains with losses at the beginning of the week, prompting EUR/USD to keep the prevailing rangebound trade around th... |
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