By FXStreet Despite the ongoing correction lower, EUR/USD keeps its bid tone albeit off earlier highs near 1.1620. EUR/USD upside backed by USD-sellingThe broad-based selling bias around the
By FXStreet The latest Australian Federal Budget forecasts 2016 GDP at +2.5%. Further insights are as under: GDP growth f/cast +3.0% through 2019/20 2016/17 budget deficit f/cast A$37.1bln
By FXStreet The USD/JPY pair finally halted its downward spiral and recovered some ground, with the bulls now attempting a tepid-bounce towards 106 handle. USD/JPY: Bears take a
By FXStreet After a brief attempt to regain the 0.7600 handle, AUD/USD has now returned to the 0.7585/80 band. AUD/USD still suffering the RBA moveThe Aussie dollar lost
By FXStreet The upside in the sterling has now lost some momentum, with GBP/USD retreating to the 1.4730 area after testing 1.4770. GBP/USD gives away gains on PMIThe
By FXStreet The manufacturing sector activity in the UK deteriorated at the start of the second quarter, surprising markets to the downside, readings from Markit showed on Tuesday.
By FXStreet The USD/CHF pair fell sharply in last few hours of trading, dropping below 0.9500 handle to 0.9445 – its lowest level since August 2015. Last week’s
By FXStreet The GBP/USD surged to the high point of the day to currently trade above 1.4750 ahead of the scheduled release of UK manufacturing PMI data. The
By FXStreet The UK economy will release its April manufacturing PMI later in the European session. Market consensus expects the indicator to have improved a tad to 51.2
By FXStreet Lee Hardman, Currency Analyst at MUFG, notes that the US dollar has continued to weaken in the Asian trading session following the signal last week from
