EURUSD broke below the lower border of the price channel on 4-hour chart, suggesting that a cycle top has been formed at 1.3817 level on 4-hour chart...
EURUSD broke below lower border of price channel
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Barclays/Blackrock only half cash
One factor that may be helping undermine the pound slightly is the fact that the Barclays the terms of the sale of BGI to Blackrock call for only about half the purchase price to be paid in cash. The rest will be paid in stock. That leaves about GBP 4 bln to flow toward Barclays when all is said...
The crucifixion of Latvia
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Forex settlement volumes rise in May - CLS
LONDON, June 16 (Reuters) - The average number of daily foreign exchange payment instructions rose in May, reversing a slide in April, ... See all stories on this...
Fundamental Outlook at 1400 GMT (EDT + 0400)
By GCI Financial - The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested bids...
Soaring yields giving USD/JPY fresh boost into the weekend
With the short-end of the US yield curve anticipating rates hikes as early as September, short-term rates have backed up in breathtaking fashion today. 2-year notes are 36 bp higher in yield, an astounding move in a maturity that short. A move that large has awakened USD/JPY, sending the pair...