By FXStreet The Japanese currency keeps its gains vs. its American counterpart on Friday, taking USD/JPY to the 112.80 area, close to session lows. USD/JPY weaker, focus on
By FXStreet Research Team at BBH, notes that the Saudi Foreign Minister said it isn’t ready to cut oil output. Key Quotes “This supports our view that the
By FXStreet Research Team at Investec, suggests that the market focus will likely be on the European Council meeting in Brussels which continues later this morning. Key Quotes
By FXStreet Russia’s deputy energy minister Texler was on the wires stating it will be difficult to agree on oil output freeze, but stated it is necessary to
By FXStreet The now softer tone in crude oil prices are removing a significant support for CAD, sending USD/CAD to fresh highs in the 1.3780/90 band. USD/CAD attention
By FXStreet Heightened concerns regarding excess supply is keeping Brent oil futures below its 50-DMA at 33.97 levels. Saudi will not cut production The bearish pressure made a
By FXStreet In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the cross could see its downside accelerating towards 121.90. Key Quotes“EUR/JPY has sold off
By FXStreet The research team at UOB Group has reiterated the neutral bias for USD/JPY in the next 1-3 weeks. Key Quotes“We view the sharp drop yesterday as
By FXStreet Traders tired of waiting pro-EU news flow out the EU meeting on UK membership ditched Sterling, pushing GBP/JPY to fresh lows despite strong UK retail sales
By FXStreet The EUR bears fought back control post-European open and sent the EUR/USD pair back below 1.11 handle, extending losses for the sixth straight session.EUR/USD eyes Thursday’s