By ForexYard - After the U.S. dollar corrected some of its gains yesterday, a new trading day, packed with significant economic publications is...
ADP Non-Farm Employment Change on Tap
Source: feedproxy.google.com
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Forex: GBP/USD falls further to 1.6410
Dollar is getting stronger across the board with the exception of the Yen on a big sell-off in equities. GBP/USD fell after the opening bell to 1.6415 (intra-day low). From there rebounded sharply and rose back above 1.6500 but failed to hold and regained the downside. After finding resistance at...
EUR/USD Continues Climb Above 1.40 Yet Euro Shows Relative Weakness
By Fast Brokers - The EUR/USD kept steamrolling through May 22 highs on increasing volume, and is distancing itself from the...
AUD/USD firming; China notable buyer
AUD/USD is making good ground early, presently up at .8090 from around .8045. Aussie is benefitting from decent risk appetite, firming commodity prices, and the overnight release of impressive consumer confidence data. Sources report China has been an aggressive buyer of the pairing. Technical...
Brazil Unexpectedly Slashes Interest Rates
In an age where central bankers are attempting to increase transparency in the policy making decision process the Brazilian central bank gave a...
USD/CAD Daily Outlook
Daily Pivots: (S1) 1.0849; (P) 1.0915; (R1) 1.0972. USD/CAD’s rally is still in progress and at this point, intraday bias remains on the upside for 1.1101 resistance first. Break there will confirm the pair has bottomed in medium term and bring stronger rally. On the downside, below 1.0859...