Analysts at Scotiabank explained that Sterling remains relatively firm against the USD, extending this week’s rally from the mid 1.44 area. Key Quotes: “UK Q1 GDP rose 0.4%
Analysts at Nomura offered their GDP tracking update after today’s US data. Key Quotes: “In terms of GDP accounting, the relevant components of the durable goods report were
Valeria Bednarik, chief analyst at FXStreet noted that the EUR/JPY pair fell down to a fresh weekly low of 122.25. Key Quotes: “The Japanese yen strengthened on the
Analysts at Rabobank looked at the MXN noted that it been one of the worst performing currencies over the past three months. Key Quotes: “Of the currencies we
Valeria Bednarik, chief analyst at FXStreet explained that the yen strengthened during the past Asian session, with the USD/JPY pair falling down to 109.41 before paring losses. Key
US stocks closed mostly lower on Thursday following a two-day rally, dragged down by materials, energy and financial equities. The Dow Jones Industrial Average dropped 23.22 points, or
Oil surpassed $50 a barrel for first time in seven months on Thursday before pulling back and settling slightly lower for the day. West Texas Intermediate for July
