By FXStreet Iron ore prices surged 19%, the highest on record, after Chinese policy makers signaled their willingness to buttress economic growth. Prices rose to $63.74/mt tonne; its
By FXStreet Gold prices in the EUR terms or XAU/EUR pair advanced on Monday as investors weigh in a possibility of an aggressive ECB action on Thursday. Eyes
By FXStreet Strategist at Rabobank Carlijn Prins believes the BoE could hike rates by November 2016. Key Quotes“The MPC voted unanimously in favour of steady policy in February
By FXStreet Ratings agency Fitch downgraded its global growth forecast citing slowdown in the investment driven growth model of China and the resulting heat felt by commodity producing
By FXStreet Weekly futures and options data from InterContinental Exchange released today showed money managers increased their bullish bets on higher oil price to a new record. Net
By FXStreet According to the research team at UOB Group, the pair’s outlook remains bullish although the upside faces strong resistance around 0.6880/0.6900. Key Quotes“As indicated last Friday,
By FXStreet Jane Foley, Senior FX Strategist at Rabobank, notes that the head of China’s National Development and Reform Commission Xu Shaoshi dismissed any suggestion of a hard
By FXStreet Derek Halpenny, European Head of GMR at MUFG, suggests that now with the jobs report behind us, the markets will very much be focused on the
By FXStreet Research Team at Investec, notes that on Friday we saw the US February non-farm payrolls release beat expectations, with jobs growth recorded at 242k against a
By FXStreet The US dollar is trimming Friday’s losses across the board, courtesy of which the EUR/USD pair has dipped below its 50-DMA located at 1.0975. Tests confluence
