By FXStreet Analysts at Nomura explained that the New York Federal Reserve today reported that the Empire State manufacturing headline index declined to -9.02 in May from 9.56
By FXStreet NZD/USD is testing the upper boundaries of the 0.67 handle and has penetrated the 0.6800 level with a high so far of 0.6809. The move comes
By FXStreet The loonie (CAD) is among the best performers in the currency market on Monday and against the US dollar extended gains during the American session. USD/CAD
By FXStreet The pound managed to erase losses against the euro and printed a fresh daily high. EUR/GBP found resistance near the 0.7900 area and turned to the
By FXStreet Analysts at Nomura were scanning 2,000 cross-market correlations and they find that nominal rate differentials continue to be strongly correlated to FX. Key Quotes: “Notably the
By FXStreet Analysts at TD Securities explained their trade ideas for a busy week ahead in the EM’s. Key Quotes: “PLN is likely to remain supported against HUF
By FXStreet A disappointing manufacturing data from the US provided the much needed opportunity for GBP bulls to lift the GBP/USD pair back to the vicinity of 1.4400
By FXStreet Major stock indices in the US opened slightly higher on Monday after a reading of New York-area manufacturing conditions failed to boost investor sentiment. The Empire
By FXStreet Crude oil prices area extending the upside momentum at the beginning of the week, boosted by a weak greenback and Goldman Sachs news. WTI up on
By FXStreet Following are the latest observations on ‘Brexit’ made by US ratings agency, Fitch: • A British exit from the EU could hurt the credit ratings of
