By FXStreet The second estimate of Britain’s GDP data confirmed that the UK’s economic recovery lost steam in the first quarter, mainly in response to an unexpected contraction
By FXStreet After a brief test of the 1.1190 area, the upside in EUR/USD has lost momentum and is now hovering over the 1.1170 region. EUR/USD propped up
By FXStreet Research Team at TDS, suggests that the Australia’s 2nd estimate of Capex for 2016/17 shows glacial improvement in non-mining outlook. Key Quotes “Q1 real capital expenditure
By FXStreet The GBP/USD pair found fresh bids near 1.4700 handle that boosted the pair back near day’s peak level ahead of the scheduled release of second estimate
By FXStreet The EUR/JPY cross stalled its recovery from 122.30 region as poor sentiment towards risky assets keeps the demand for the yen intact, which puts a lid
By FXStreet Research Team at Danske Bank, suggests that the main focus today will be on the release of the US durable goods orders for April, which are
By FXStreet Senior Analyst at Danske Bank Sverre Holbek noted the relevance of today’s release of the oil investment survey. Key Quotes“In FX markets, today’s oil investment survey
By FXStreet The Canadian dollar is trading a firm note vs. its American neighbor on Thursday, sending USD/CAD to post daily lows in the 1.2980 area. USD/CAD focus
By FXStreet Research Team at TDS, suggests that the US preliminary durable goods orders for April will be the focus and TD has an above consensus call for
By FXStreet EUR/GBP is posting decent gains at the end of the Asian session following positive performances of the sterling and the shared currency. EUR/GBP bounces off 0.7560The