By XE Market Analysis The dollar continued to trade firmly, especially against sterling after an unexpected drop in UK service PMI data. Cable clocked a fresh three-month low
By FXStreet FXStreet (Edinburgh) – After dropping to the 1.5230 area post-PMI, GBP/USD has managed to gather some traction and retake the 1.5280 area, albeit still trading with
By FXStreet FXStreet (Mumbai) – The cross in the EUR/GBP slowly faded the UK-data induced spike to session highs and eased to 0.7350 levels as markets assess the
By FXStreet FXStreet (Delhi) – Analyst at Bank of America Merrill Lynch, believe that the ECB is likely to announce the need for further stimulus in today’s meet
By FXStreet FXStreet (Edinburgh) – Senior Currency Strategist at Rabobank Jane Foley has recommended selling the cross on strength. Key Quotes “The rush to cover EUR shorts in
By FXStreet FXStreet (Edinburgh) – Analyst Athanasios Vamvakidis at BAML slipped the possibility that the ECB could implement further easing after September 2016. Key Quotes “We have been
By FXStreet FXStreet (Mumbai) – Gold price on Comex keeps pushing lower around 1130 levels as markets favour the US currency awaiting the key US jobs report which
By FXStreet FXStreet (Mumbai) – The EUR/JPY pair continues to trade around 135.25 levels as markets paid little attention to the upbeat Eurozone PMI figures and a slight
