By FXStreet In light of the ongoing correction higher, the pair could attempt a visit of 0.9826, according to Karen Jones, Head of FICC Technical Analysis at Commerzbank.
By FXStreet Having failed to cut through 10-DMA level of 109.42 levels, the USD/JPY turned negative in Europe and is now eyeing 109.00 levels. Trades below hourly 200-MA
By FXStreet The EUR/USD pair is seen making minor-recovery attempts from fresh two-week troughs in the European morning, as the US dollar recedes gains against its major competitors.
By FXStreet Research Team at Nomura, suggests that their forecast of a gradual Chinese slowdown remains intact. Key Quotes • “Export growth surged to 11.5% y-o-y in March
By FXStreet Douglas Porter, Chief Economist at BMO Capital Markets, suggests that the BoC met expectations of holding rates steady at 0.5%, but now faces a currency near
By FXStreet European stocks markets are looking to extend Wednesday’s risk-on rally, but appear wobbly, given the moderate weakness in UK’s FTSE. At the time of writing, Stoxx
By FXStreet Gerard Burg, Senior Economist at NAB, notes that the pattern of foreign investment is changing, with China targeting different countries and sectors than in the initial
By FXStreet The research team at UOB Group expects the pair to drop further albeit the pullback could be limited around 1.1140. Key Quotes“We have held a neutral
By FXStreet According to the latest Bloomberg survey, oil markets see a 50-50 chance that Russia, Saudi Arabia and other major producers will agree to freeze output in
By FXStreet Research Team at Danske Bank, suggests that the BoE and US CPI data will be the most important economic releases for the day. Key Quotes “In
