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Currencies: Combination of tough rhetoric out of China on Trade and renewed rumors of a pending deal on a Greek bailout propelled risk appetite during the European morning. More...
11:00 GMT- Mar 12 (global-view.com) Traders over the past couple of days seem to have been taking a slightly more positive view of the world and have gradually been moving back into the risk trades. More...
The Canadian dollar finished higher against the greenback for a 10th straight session on Thursday as it rebounded from early losses along with other
riskier assets such as equities and crude oil. More...
The dollar traded little changed versus major currencies on Thursday after mixed data on U.S. trade and jobless claims failed to give investors direction.
More...
21:00 GMT- Mar 11 (global-view.com) Trading was range bound over most of the session Thursday. Data released did not have much of an impact on prices over the session. The immediate focus into the weekend will be... More...
Risk markets took a breather last night. US equities fell at the open, but then rebounded, as they digested the earlier China inflation report which raised the prospect of tightening there, as well as the US trade report showing imports fell. More...
Risk markets took a breather last night. US equities fell at the open, but then rebounded, as they digested the earlier China inflation report which raised the prospect of tightening there, as well as the US trade report showing imports fell. More...
Before discussing the short-term scenario let’s take a look at the longer term mode. The Weekly chart shows a market in the oversold condition as it consolidates around the 61.8% retracement level… More...
Plenty of data and comments kept the price action choppy during the New York morning, although the greenback has maintained its mildly softer tone against the European pairs. More...
Mar 11 (global-view.com) UPCOMING DATA HIGHLIGHTS: On Friday, the Far East sees Japanese Industrial Output. In Europe, Eurozone industrial Production is due. In North America, Canadian employment is due. The U.S. releases Retail Sales, the University of M More...
Recent bearish price action on spot gold, a daily chart of which is shown, has prompted a correction back down to the long-term uptrend support line. This bearish correction occurs right after price More...
The euro steadied against the dollar and the yen in quiet trade on Thursday, recovering from earlier falls after strong Chinese data fuelled expectations of possible further monetary tightening by Beijing.
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Currencies: The USD was mildly softer in a subdued European morning. Russia shifted its floating ruble band by another 5 kopecks to 34.30, which is its 14th move since mid-February and dealers noting that this was fueling euro currency demand. More...
11:00 GMT- Mar 11 (global-view.com) Trading seems to have gotten off to a cautious start Thursday heading into North American trading hours. A key question for day-traders may be whether the EURUSD can... More...
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