By FXStreet Analysts at Nomura noted that Premier Li Keqiang’s Government Work Report to the National People’s Congress (NPC) has lowered the 2016 GDP growth target to “6.5-7.0%”
By FXStreet Valeria Bednarik, chief analyst at FXStreet explained that the British Pound surged to a fresh 2-week high of 1.4283 against the greenback, helped by news that
By FXStreet AUD/USD is currently consolidating the bid after a decent rally on the back of improved risk sentiment and commodities fighting back. Oil gains over 5% Iron
By FXStreet US indexes closed the day mixed around their opening levels, with investors unmotivated ahead of upcoming Central Banks’ decisions. The ECB will have its economic meeting
By FXStreet The German DAX fell 0.46% to end the day at 9,778.93, weighed by poor local manufacturing data and uncertainty on what Mario Draghi may have up
By FXStreet Japan’s Nikkei fell on Monday, dropping 102 points to close at 16.911.32, hit by profit taking after last week’s rally. Risk turned off at the beginning
By FXStreet Valeria Bednarik, chief analyst at FXStreet explained that the EUR/JPY pair fell down to 124.23 this Monday, with the yen firmer during Asian trading hours amid
By FXStreet Analysts from Lloyds Bank take note of several fundamental factors affecting the pound in the market and consider that GBP/USD could have formed a base and
By FXStreet Gold remained on demand, with spot edging slightly higher on Monday, despite stocks advanced and better risk sentiment tempered the metal’s appeal. However, the metal remained
By FXStreet Analysts at TD Securities noted China’s growth target range. Key Quotes: “In China, the 2016 growth target range of 6.5-7% is around 2ppt above where we
