By New_Deal_democrat Yesterday’s GDP report was the best +1.6% reading you could want. The big issue this year has been the effect of the 20% increase in the
By FXStreet FXStreet (Delhi) – Philip Marey, Senior US Strategist at Rabobank, notes that the US economy came out of the Great Recession in June 2009 and has
By FXStreet FXStreet (Mumbai) – Gold prices extended losses to test the 50-DMA support at USD 1140.82/Oz levels after the US data pushed up Treasury yields and led
By FXStreet FXStreet (Delhi) – James Rossiter, Senior Global Strategist at TD Securities, expects that the Canadian international trade deficit is forecast to improve to $2.0 billion in
By FXStreet FXStreet (Mumbai) – The GBP/USD pair climbed back to its 50-DMA at 1.5349 ahead of the US data, which could show both personal income and spending
By FXStreet FXStreet (Edinburgh) – The common currency keeps its firm tone vs. the greenback at the end of the week, with EUR/USD gyrating around the 1.10 handle.
By XE Market Analysis The BoJ disappointed many overnight, as policy was left on hold, resulting in a USD-JPY sell-off to 120.30 lows. The pairing later bounced back
By FXStreet FXStreet (Mumbai) – The US dollar keeps falling versus its Japanese counterpart as we progress towards the US open, with USD/JPY now retesting daily lows near
By FXStreet FXStreet (Edinburgh) – The Russian ruble is gathering pace vs. the greenback on Friday, now dragging USD/RUB to lows near 63.90. USD/RUB weaker post-CBR decision The
By FXStreet FXStreet (Mumbai) – For the second month in a row, the Central Bank of Russia (CBR) decided to leave the interest rates unchanged at its monetary