Valeria Bednarik | Jul 06, 2020 12:57 PM The EUR/USD pair is trading near the upper end of its 4-week range, as risk-appetite dominates financial markets. The upbeat sentiment was triggered ... FXStreet Team | Jul 06, 2020 12:25 PM NZD/USD broke above the pivotal 2014 downtrend at 0.6542 in early trading today as jumped to four-week tops, around the 0.6565 region. The next pivota... Richard Perry | Jul 06, 2020 12:23 PM There is a distinctly risk positive bias that has started the new week. There does not seem to be any significant reason behind the move (so perhaps a... Joseph Trevisani | Jul 06, 2020 12:22 PM The American service sector is expected to follow manufacturing back into expansion June as the end of pandemic business closures have opened the US e... Richard Perry | Jul 06, 2020 12:08 PM Anyone trading gold on Friday may just as well have gone back to bed, as the market completed the smallest daily range (just $5) of 2020. Last week we... FXStreet Team | Jul 06, 2020 12:07 PM The Shanghai Composite continues to surge higher as today has broken above the 3288 2019 high to confirm an important medium-term base. The Credit Sui... FXStreet Team | Jul 06, 2020 11:52 AM S&P 500 while above 3116/13 can maintain an immediate upward bias within its high-level consolidation range with resistance seen at the top of the ear... Richard Perry | Jul 06, 2020 11:46 AM Even by Dollar/Yen's standards, a daily range of just 14 pips (admittedly on a day where US bond markets were shut), makes Friday just about one of th... FXStreet Team | Jul 06, 2020 11:36 AM EUR/GBP while above support at 0.9000/0.8984 holds the downside and analysts at Credit Suisse look for the trend to turn higher again for a retest of ... Richard Perry | Jul 06, 2020 11:15 AM Cable managed to edge higher on Friday (on a very forgettable session due to the US public holiday) but the market is looking to pull higher once more... Richard Perry | Jul 06, 2020 11:06 AM With Friday's latest small bodied candle coming on a US public holiday, there is little to gain from reading too much into the consolidation. However,... FXStreet Team | Jul 06, 2020 11:06 AM The USD/JPY pair trades marginally higher for the day, ranging around the 107.50 Fibonacci level as optimism on economic growth is leading the markets... FXStreet Team | Jul 06, 2020 10:54 AM GBP/USD has been rising amid optimism coming from China but growing chances of negative rates in the UK, Brexit, and US coronavirus may weigh on marke... Pablo Piovano | Jul 06, 2020 10:38 AM The better mood in the risk complex gives extra wings to the single currency and pushes EUR/JPY to the area of ulti-day peaks in the 121.60/65 band on... Valeria Bednarik | Jul 06, 2020 10:37 AM The financial markets are all about risk appetite at the beginning of the week, with China pushing the way higher as the Shanghai Composite is up by ... FXStreet Team | Jul 06, 2020 09:13 AM GBP/USD extends Friday's recovery gains from 1.2438 to near the 1.25 level as Monday's 4-hour chart is showing bulls have an advantage, Yohay Elam, an... FXStreet Team | Jul 06, 2020 09:08 AM As the US presidential election is slowly turning into a hot topic, economists at Nordea bet that Biden will win. The most immediate reaction will be ... Yohay Elam | Jul 06, 2020 09:04 AM Brits have returned to the pubs – and the pound is cheering due to developments on the other side of the world. The Chinese media has been talking abo... FXStreet Team | Jul 06, 2020 09:00 AM European Monetary Union Retail Sales (YoY) registered at -5.1% above expectations (-7.5%) in May... FXStreet Team | Jul 06, 2020 09:00 AM European Monetary Union Retail Sales (MoM) came in at 17.8%, above forecasts (15%) in May... FXStreet Team | Jul 06, 2020 08:46 AM EUR/USD is advancing toward 1.13 as China encourages a bull market. Optimism about Europe joins the bullish case while US coronavirus cases and uncert... FXStreet Team | Jul 06, 2020 08:37 AM Economists at ANZ Bank have looked into the impact that past changes in the RBA's commentary around the aussie had on the currency and have found that... FXStreet Team | Jul 06, 2020 08:30 AM United Kingdom Markit Construction PMI came in at 55.3, above forecasts (47) in June... FXStreet Team | Jul 06, 2020 08:30 AM European Monetary Union Sentix Investor Confidence came in at -18.2, below expectations (-10.9) in July... FXStreet Team | Jul 06, 2020 08:18 AM EUR/USD is adding to Friday's gains as Monday's 4-hour chart shows the pair hitting the 1.13 resistance. Yohay Elam, an analyst at FXStreet, notes tha... |
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