The Bank of England decided not to cut rates in a move that surprised many and boosted the pound....
A mixed jobs report from Canada: the nation lost 0.7K jobs instead of gaining ones. However, the ...
London traded nearly twice as much currency than did New York according the latest data ...
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The Australian dollar continues looking good. After Australian employment data seemed good enough, figures from Australia’s No. 1 trade partner look even better. China reported a growth rate of 6.7% in Q2 2016 slightly better than 6.6% expected and identical to Q1. Industrial output surprised to the upside with 6.2% instead of 5.9% expected and 6% last [...]
The post AUD/USD continues trending higher in channel after Chinese data appeared first on Forex Crunch.
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Trading Forex, or any other financial instrument for that matter, requires learning. A lot. You ...
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The Australian dollar continues looking good. After Australian employment data seemed good enough, figures from Australia’s No. 1 trade partner look even better. China reported a growth rate of 6.7% in Q2 2016 slightly better than 6.6% expected and identical to Q1. Industrial output surprised to the upside with 6.2% instead of 5.9% expected and 6% last [...]
The post AUD/USD continues trending higher in channel after Chinese data appeared first on Forex Crunch.
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There are many characteristics and skills required by traders in order for them to be ...
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Several Gulf nations involved in the diplomatic freeze against Qatar may have doubled down on ...
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The single currency has attempted a bull run to the area of 1.0880, although the up move run out of vigour and prompted EUR\USD to return near 1.0860. EUR/USD choppy ahead of ADP The pair remains within a 30-pip range for the time being, meandering between 1.0850 and 1.0880 following ...
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Finally some partially positive news from the US manufacturing sector: a score of 49.5 points in the ISM Manufacturing PMI. This is still in negative territory (under 50) but better than expected and with a better employment component. The US dollar is rising but certainly doesn’t get too far. The ...
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World shares and bond yields rose on Wednesday as the recent recovery in oil prices and a batch of positive economic data from Australia to the United States calmed fears of a global economic slowdown. Asian stocks hit a two-month high, Japan’s and China’s main indices both rose more than ...
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The happy mood continues with the Australian and Canadian dollars both enjoying positive GDP reports. EUR/USD remains under pressure and USD/JPY is marching forward. Will these trends extend? Join me for a live market open, hosted by FXStreet: walking though recent developments and their impact on currencies, going through charts of majors, minors and crosses, previewing [...]
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The ANZ Economics Team is forecasting a 0.5% q/q increase in Australia’s Q4 GDP today vs 0.4% expected, which would suggest that growth remains modestly below trend. key Quotes “ANZ is forecasting a 0.5% q/q increase in Q4 GDP (mkt: 0.4% q/q) following the 0.9% q/q rise in Q3. Year ...
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Research Team at Danske Bank, suggests that today is the big manufacturing PMI day in Europe. Key Quotes “On the back of the fall in the euro area PMI figures last week, the direction of change for Spain and Italy is already set and we expect to see a solid ...
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