By FXStreet Geoffrey Minne, Research Analyst at ING, suggests that having reached an all-time high in December, Spanish consumer confidence declined both in January and February. Key Quotes
By FXStreet The common currency keeps the buoyant tone on Thursday, lifting EUR/USD to test fresh lows in the 1.0880 area. EUR/USD firmer post-EMU releasesThe buying interest around
By FXStreet Nigerian Oil minister was out on the wires today stating an OPEC and non-OPEC meeting in Russia on March 20th. Minister added dramatic price moves could
By FXStreet The GBP/USD found takers at 1.4032 (23.6% of Feb high-low + 10-DMA) despite a horribly weak UK services PMI figure. Awaits US data The recovery to
By FXStreet The seasonally adjusted Markit/CIPS UK Services PMI fell to 52.7 in February, from 55.6 in January. The reading was the lowest since March 2013. Key points
By FXStreet The research team at UOB Group has reiterated the neutral perspective of USD/JPY in the near term. Key Quotes“There is not much to add as USD
By FXStreet The depreciating trend in Sterling against the common currency gathered pace after the dismal UK services PMI release, pushing the EUR/GBP cross to fresh daily high
By FXStreet Karen Jones, Head of FICC Technical Analysis, hinted at the possibility of a visit to the 0.7565 area. Key Quotes“EUR/GBP has eroded its near term uptrend
By FXStreet According to Strategist at Westpac Richard Franulovich, the greenback could accelerate its upside in the near term. Key Quotes“This latest USD run-up may have real legs.
By FXStreet The upside momentum around the single currency is now losing some vigour, forcing EUR/USD to recede towards the 1.0865/60 band. EUR/USD stronger ahead of PMIs, EMU