By FXStreet FXStreet (Edinburgh) – The Bank of Canada will hold its monetary policy meeting later on today, with market consensus universally expecting the central bank to leave
By FXStreet FXStreet (Delhi) – Renuka Fernandez, Senior Quantitative Strategist at TD Securities, suggests that the ECB meeting this week comes amid significant speculation about additional easing steps.
By FXStreet FXStreet (Delhi) – Research Team at BBH, suggests that the Canadian market focus will be on the bank of Canada’s meet. Key Quotes “The large (0.5%)
By FXStreet FXStreet (Mumbai) – The GBP/JPY pair rose above its hourly 200-MA located at 185.44 levels ahead of the UK construction PMI data release. Supported by 5-DMA
By FXStreet FXStreet (Mumbai) – Gold price on COMEX failed to extend beyond 1070 region in early Asia, and retreated thereon to now consolidate around 1067 levels. Gold
By FXStreet FXStreet (Mumbai) – The offered tone surrounding the EUR/USD pair weakened in last hours, now driving the major towards Tuesday’s highs reached near 1.0640 region. EUR/USD
By FXStreet FXStreet (Mumbai) – The GBP/USD found support at the hourly 50-MA and is flirting with 1.5074 (23.6% of 1.5336-1.4994) levels ahead of the UK construction PMI
By FXStreet FXStreet (Edinburgh) – Kristoffer Lomholt, Analyst at Danske Bank, expects the Aussie dollar to visit the 0.68 handle within a year’s time. Key Quotes “The change
By FXStreet FXStreet (Mumbai) – The AUD/USD pair halted its downside momentum in early Europe, having caught fresh bid-wave just above 0.73 handle. AUD/USD: reverts to hourly 10-SMA
By FXStreet FXStreet (Mumbai) – The USD/CHF pair bounced off the 5-DMA located at 1.0256, but the gains remain capped around 1.0275 levels. Eyes US ADP and Yellen