By FXStreet Analysts at Scotiabank explained that economic weakness remains firmly in place in Japan. Key Quotes: “The country’s real GDP growth returned to negative territory in the
By FXStreet Analysts at ANZ explained that Fonterra reduced their milk price forecast earlier in the week, sending the AUD/NZD cross even higher. Key Quotes: “The RBNZ later
By FXStreet USD/CAD rallied to 4-day highs as oil prices plummeted during the American session in a risk-off environment, with US stocks down and Treasuries up. USD/CAD climbed
By FXStreet EUR/USD gained momentum after Wall Street opening bell and climbed to 1.1058, hitting a fresh 1-week high. The pair lost strength below 1.1060 and pulled back
By FXStreet Analysts at Brown Brothers Harriman explained that China has indicated it will shutter some of its excess capacity, and although officials have said it before, each
By FXStreet EUR/GBP rose further during the American session and printed a fresh 6-day high at 0.7789. The pair remains near the highs, consolidating gains and having the
By FXStreet The sterling is losing further altitude today, sending GBP/USD back below the 1.4200 handle, or session lows. GBP/USD lower as risk-off intensifiesThe pair lost around a
By FXStreet USD/JPY came under mild pressure at the Wall Street opening and dropped to fresh daily lows sub-113.00, as US yields continued to fall given the risk-off
By FXStreet The bid tone around JPY strengthened following a weak opening on the Wall Street, pushing the GBP/JPY cross to a session low of 159.76 levels. Dips
By FXStreet The single currency has abandoned the vicinity of 1.10 the figure vs. the greenback and is now lifting EUR/USD to flirt with daily highs around 1.1060.