Monetary policy will dominate the headlines on Thursday as the European Central Bank (ECB) wraps up its April meeting with an interest rate decision. Although no change in monetary policy is expected, ECB officials could shed light on the...
The first part of Wednesday’s trading session was spent under the bearish pressure, as the yellow metal lost 0.88% against the US Dollar. This fall reversed at the 1,320.00 mark—which is also the April low—and regained some lost positions...
NOK and EUR the top G10 gainers, up 0.19% and 0.14% (vs USD), respectively, while SEK is the top loser at -0.40%. Riksbank left the benchmark rate unchanged at -0.5% (as expected) but the statement was dovish; it was...
The Australian Dollar continued to slide after the country’s bureau of statistics released the quarterly consumer prices data. The data showed that the consumer prices rose by 0.4% in the quarter. This was lower than last quarter’s data of...
By the middle of Monday’s trading session the NZD/USD currency exchange rate had reached the vital support levels near the 0.7150 mark. Coincidentally at that level a dominant support line was located together with the freshly calculated first weekly...
NOK and SEK are the top G10 losers, down -0.36% and -0.30%, versus USD. The USD-index continues to improve though we will need a break above 91.00 to complete a base, this may not happen before the US Q1...
Economic data is in the spotlight again on Monday, with PMI reports from Europe and the United States set to generate significant headlines for currency traders. The reports on manufacturing and services will kick off what’s expected to be...
The Reserve Bank of Australia (RBA) released its minutes for the March meeting. The minutes showed that while the economy was doing well, the officials were cautiously optimistic about the future. Most importantly, they raised concerns about the declining...
The economic calendar picks up on Tuesday after a slow start to the week with US figures set to drive headlines in North American trade. The European data session begins at 06:45 GMT with a report on French industrial...
Friday is US nonfarm payrolls day, which means currency traders, stock investors and other market participants will be glued to the economic calendar at 12:30 GMT. Luckily for them, the session will also feature other headline reports from around...
