By FXStreet FXStreet (Mumbai) – The USD/JPY pair is now trading in the sideways manner around 50-DMA at 120.37 levels, after having suffered a sell-off in early Europe.
By FXStreet FXStreet (Mumbai) – Borrowing costs across the Eurozone dropped as the European Central Bank (ECB) boss Mario Draghi gave a hint that the bank could step
By FXStreet FXStreet (Edinburgh) – The common currency is holding on to its marginal gains on Friday, with EUR/USD trading in the vicinity of 1.1100 the figure. EUR/USD
By FXStreet FXStreet (Mumbai) – The EUR/JPY cross received fresh impetus from a slightly better than expectations Euro zone manufacturing PMI numbers, lending support to the minor recovery.
By XE Market Analysis A risk on theme ensued in Asia-Pacific markets, which underpinned most Asian and commodity currencies, while at the other end of the spectrum was
By FXStreet FXStreet (Bali) – According to Westpac’s Chief Economist Bill Evans, the RBA is unlikely to cut its cash rate at Nov 3rd meeting despite mortgage rate
By FXStreet FXStreet (Delhi) – Philip Rush, Research Analyst at Nomura, notes that the UK retail sales posted volume growth of 1.7% m-o-m and came better than the
By FXStreet FXStreet (Mumbai) – Risk-on sentiment was the main theme in the Asian session after ECB Draghi’s strong indications of QE reassessment in Dec spurred risk-on rally
By FXStreet FXStreet (Mumbai) – The New Zealand dollar outperforms its OZ neighbour in the mid-Asian session, now pushing AUD/NZD to fresh five-month lows near 1.0580 region. AUD/NZD
By FXStreet FXStreet (Mumbai) – Fresh bids emerged for the EUR/USD pair near 200-DMA, driving the major back above 1.11 barrier in the mid-Asian session, as the bulls