By FXStreet James Knightley, Senior Economist at ING, point out that today retail sales and consumer confidence report bodes well for consumer spending in the second quarter of
By FXStreet A stronger US dollar in the currency market pushed NZD/USD further to the downside during the American session. The pair broke below 0.6800 and dropped to
By FXStreet According to analysts from Wells Fargo, the April retail sales report presages stronger consumer spending during the second quarter. Key Quotes: “After a relatively weak first
By FXStreet AUD/USD fell to fresh 2-month lows at the beginning of the New York session, as the greenback strengthened on the back of stronger than expected US
By FXStreet Strategist at Westpac Sean Callow sees the upside in AUD to find resistance in the mid-0.7400s in the near-term. Key Quotes“The timing of another RBA rate
By FXStreet FX Strategist at Scotiabank Eric Theoret believes the pair could test the psychological 1.30 handle. Key Quotes“The moderation in bullish momentum indicators appears to be showing
By FXStreet The USD/JPY pair shot-up to a fresh two-week high level of 109.45 on surprisingly positive US retail sales data. The pair saw renewed buying interest after
By FXStreet Research Team at BBH, notes that the UK reported weak March construction output as it came in at -3.6% m/m vs. -3.2% expected, and continues a
By FXStreet The shared currency remained on back-foot through Friday’s trading session, with the EUR/USD pair dropping to session low level of 1.1308 after the release of US
By FXStreet Lee Hardman, Currency Analyst at MUFG, notes that the pound staged a knee jerk rally yesterday following the BoE’s latest monetary policy update although initial gains
