Forex: EUR/USD falls to a fresh 6-month low; tests 1.3900 FXstreet.com (Córdoba) – The Euro is falling further against the Dollar after US GDP data. EUR/USD tumbled to 1.3900 reaching a fresh 6-month low. The pair is trading at 1.3902/06 the lowest level since July 13. Read more on The Forex Market
Forex: AUD/USD attempting to bounce from 4-week low at 0.8885 FXstreet.com (Barcelona) – Australian Dollar decline from mid January highs above 0.9300 extended on Asian session to levels below 0.8900, hitting a fresh 4-week low at 0.8985 before attempting recovery, at European session opening, reaching levels right below session low at 0.8945. Read more on [...]
Forex: USD/JPY approaches to 90.00 FXstreet.com (Córdoba) – The Dollar is recovering against the Yen after falling to 89.60 (intra-day low). USD/JPY trades at 89.92/96, 0.07% below today’s opening price. Greenback was able to recover most of the losses but earlier in the day failed to break above 90.50 and weakened. Read more on The [...]
Forex: EUR/CHF jumps 100 pips on a possible intervention FXstreet.com (Córdoba) – The Swiss Franc fell sharply against Euro and the Dollar very quickly. Such a moved could be motivated by an intervention by the Swiss National Bank to weaken its currency. Read more on The Forex Market
Forex: GBP/USD falls to test 1.6000 FXstreet.com (Córdoba) – The Dollar and the Yen are rising across the board as stocks are falling sharply in Wall Street erasing early gains. GPB/USD is testing the 1.6000 zone after breaking a range in which has been trading last Friday. Read more on The Forex Market
Forex: GBP/USD consolidating around 1.6200, within a triangle pattern FXstreet.com (Barcelona) – The Pound is moving sideways in a range from 1.6170 to 1.6230 after bouncing from 1.6135 low in Asian session, inside a triangle formation shaping up between downtrend resistance from Jan 21 high at 1.6310 and uptrend support line from Jan 22 low [...]
Forex: AUD/USD +30 pips, Gold supports FXstreet.com (London) – The AUD and NZD both have moved to the upside in Asian trade today boosted by slightly firmer gold prices. Gold bounced from session lows of around $1082 to its current level, quoting flat on the day. Read more on The Forex Market
Forex: USD/JPY drifts up, Nikkei building on green open FXstreet.com (London) – Nikkei has traded up this session, building on a positive open. Nikkei currently trades up over 100 basis points this session at 10325 points. FED did not surprise the market which had did not react to a business-as-usual rates decision. Read more on [...]
Forex: CAD breaking 7-day USD rally FXstreet.com (Barcelona) – The Canadian dollar is currently breaking a rally by its American cousin which has lasted seven days, bringing the USD/CAD down from its 5-week high on January 26 at 1.0691 to hit a daily low at 1.0555 in today’s European session. Read more on The Forex [...]
Forex: USD/CHF bounces at 1.0445 and tests back 1.0490 FXstreet.com (Barcelona) – After finding support at 1.0445 in the early American morning, coming from its 60 pips decline from 5-week high at 1.0503, the USD/CHF has bounced back to test 1.0490 level. Currently the pair is trading around 1.0470/80, 0.15% above today’s opening price action [...]