By FXStreet The sterling has rapidly reverted the drop to session lows near 1.3920 vs. the dollar, with GBP/USD now posting daily peaks in the 1.4000 neighbourhood. GBP/USD
By FXStreet China’s rate cut surprise this week and the risk-on action in the markets is boding well for the base metals pack. On London Metal Exchange (LME),
By FXStreet The Aussie dollar has now lost some upside momentum, now sending AUD/USD to test the 0.7215/10 band. AUD/USD firmer on GDP, focus on US ADPAUD gained
By FXStreet The EUR/USD pair is seen wavering between gains and losses over the last hours, having failed several attempts to take out daily high near 1.0880 region.
By FXStreet The greenback is recovering part of the ground lost to its Canadian peer on Tuesday, now sending USD/CAD to test fresh highs in the mid-1.3400s. USD/CAD
By FXStreet Brent oil failed to take out $37 levels as huge build in US stocks reported by American Petroleum Institute (API) reminded markets about the excess supply
By FXStreet Research Team at Societe Generale, suggests that the USD/CAD has re-integrated within multiyear upward channel and in the process it has formed a bearish engulfing last
By FXStreet Research Team at Westpac, notes that the Bank of Canada cut the overnight rate from 1% to 0.75% in Jan 2015 then spent some months insisting
By FXStreet Research Team at TDS, suggests that in today’s session Fed’s Beige book and ADP employment data will be of utmost importance for the investors. Key Quotes
By FXStreet The GBP/USD traded on a front foot for the third straight session in Asia after bouncing off the hourly 50-MA support in the NY session. Focus