By FXStreet USD/CAD pulled back from highs and fell back into negative ground for the day as the loonie strengthened in tandem with oil prices following an unexpected
By FXStreet The offered tone around the single currency is now intensifying, sending EUR/USD to quickly break below the 1.1200 handle. US Dollar has picked up further pace
By FXStreet The offered tone around WTI futures gathered traction in the US session, sending prices near previous day’s low of USD 27.73/barrel. Strong USD weighs Apart from
By FXStreet David Tulk, Head of Global Macro Strategy at TD Securities believes the pair could slip towards the 1.07 handle in the medium term. Key Quotes “We
By FXStreet The greenback remains on the defensive vs. its Japanese counterpart today, with USD/JPY hovering below the 115.00 handle on Yellen’s statement. USD/JPY keeps the red sub-115.00
By FXStreet The GBP/USD trimmed gains to trade near 1.4510 levels after Fed’s Yellen came out not as dovish as expected by markets. Back below key Fibo levels
By FXStreet EUR/USD edged slightly lower and made new lows for the day as Federal Reserve Chair Janet Yellen testifies before the Congress. At her Semiannual Monetary Policy
By FXStreet Jane Foley, Research Analyst at Rabobank, notes that in spite of this morning’s release of a -1.1% m/m plunge in UK December industrial production, sterling is
By FXStreet Research Team at Societe Generale, suggests that given the yield curve’s many distortions, a question arises whether it is still a useful recession indicator. Key Quotes
By FXStreet The sterling remains on a firm note on Wednesday, pushing GBP/USD to session highs well beyond the 1.4500 handle. GBP/USD shrugs off data, focus on Yellen
