FXstreet.com (Barcelona) - Following the bearish burst on EUR/USD, the Japanese Yen also resumed its rally in a synchronized manner against the Euro, ...See all stories on this topic ยป
Forex: EUR/JPY extends further down, 106.80 new 4-day low
Source: www.google.com
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USDCHF broke above 0.8958 resistance
USDCHF broke above 0.8958 resistance, suggesting that the uptrend from 0.8569 had resumed. Further rise is still possible in a couple of days,...
Stocks come unglued down the stretch
With just minutes to go, US equities have given up a huge chunk of their gains. Shares sit at 944, the former high for the S&P and an important technical point on the close. EUR/USD has pulled back with...
Blackrock agrees to acquire BGI
The deal for Blackrock to acquire Barclays Global Investors including the important ishares business is officially done, according to reports on Reuters newswires. It is possible that this will have some ramifications for the pound, now that the deal is actually signed off on, but with global...
BOE exit strategy: raise rates, sell assets or both
Bank of England chief economist Dale says the BOE exit strategy from its super-easy monetary policy is likely to consist of a combination of raising rates and selling assets. Pretty straight-forward, really. Also crossing the wires is news from Germany that its tax take has fallen 7.1% y/y in May....
USD drifting lower heading into Tokyo open
The USD is uniformly lower early in the session and it is difficult to see where the buy-dollar signals are going to come from. Order books are fairly clear in the EUR/USD until 1.4200-10 where some Sovereign offers are touted. There is also said to be good selling interest in the AUD/USD at .8250...