Analysts at TD Securities explained that the 0.7450/0.7480 breakdown in AUD/USD after the May 5th SoMP acts as crucial resistance. Key Quotes: “Through this, we think a rally
On a bid day for commodity currencies, the bigger picture still remains that NZD/USD is down to test the 100 dma at 0.6719 having printed lows of 0.6692
Analysts at Societe Generale explained that the Fed is still sucking volatility out of the market It has become clear in recent years that globalised financial markets provide
Gold extended losses on Thursday and settled at its lowest level since April 4 amid better-than-expected US data, as investors await the Federal Reserve Chair Yellen speech on
Analysts at Bank of Tokyo Mitsubishi explained that market participants have continued to price out Brexit risk over the past week in line with the widening lead for
Analysts at TD Securities explained that the GBP has rallied sharply as referendum uncertainties have eased over the last week. Key Quotes: “Improving poll results and lengthening odds
GBP/USD has seen some weakness on Thursday and turned lower after reaching fresh 3-week highs during the European session, with disappointing UK readings weighing. GBP/USD climbed to its
According to analysts from Wells Fargo, durable goods orders increased much more than expected in April even after March’s gain was doubled in the revisions and “it might
Analysts at TD Securities explained that after looking overstretched at 0.7800, the AUD has weakened amid the broad USD rally that began from May 3. Key Quotes: “We
By FXStreet The Japanese yen strengthened across the board during the last hours and pushed USD/JPY further to the downside. The pair moved off daily highs and fell
