By FXStreet Lee Hardman, Currency Analyst at MUFG, notes that the US dollar has weakened sharply following the release yesterday of the much weaker than expected ISM non-manufacturing
By FXStreet Following are the headlines from PBOC crossing the wires via Reuters: Will maintain prudent monetary policy Will fend off financial risks For more information, read our
By FXStreet Robert Rennie, Strategist at Westpac, has recommended buying the pair on dips to 117.00 or below. Key Quotes “The BoJ’s surprise move on negative deposit rates
By FXStreet The USD/JPY pair failed to resist 118 handle once again and dropped sharply post-European session as broad based US dollar sell-off resumed. USD/JPY recovers from 117.34
By FXStreet FXStreet (Mumbai) – Chinese State Administration of Foreign Exchange (SAFE) expects large amount of foreign inflows in 2016 and feels the country has the ability to
By FXStreet FXStreet (Edinburgh) – The research team at UOB Group has noted that EUR/USD faces strong support beyond the 1.1170. Key Quotes “EUR punched through successive major
By FXStreet FXStreet – Halifax house prices rose 1.7 percent month on month in January, lower than 2 per cent seen previously. Halifax house prices (3m/YoY) rose 9.7
By FXStreet The offered tone around USD gathered pace once again in the European session, pushing the GBP/USD to a session high of 1.4622 levels. Rebounds from 1.4563
By FXStreet A renewed bout of buying-wave hit the EUR over the last on the back of ECB President Draghi’s comments, driving EUR/USD almost 60-pips higher and way
By FXStreet Strategist at Westpac Richard Franulovich expects the greenback to remain under pressure in the near term. Key Quotes “Yield spreads now trending definitively against the USD
