CAD/JPY stopped its two weeks… Graf: CAD/JPY

04.10.2018 More information

EURUSD: Euro Unmoved by the latest PMI Data

Traders took some profits from the yesterday’s strong rally on the EURUSD pair and the single currency was seen marginally lower after the latest PMI numbers. The German Markit Services PMI rose notably to 56.5 in September, up from 55.0 previously, however, the manufacturing sector decelerated markedly from 55.9 to 53.7. Therefore, the German composite […]

21.09.2018 More information

GBPUSD: Sterling rises despite weaker retail sales

Traders bought sterling again on Thursday and it jumped to fresh two-month highs as it was trading 30 pips above the 1.32 handle, heading into the US session. Earlier in the day, retail sales came out above analysts’ expectations, which helped sterling to accelerate higher. The yearly basis slowed from 3.8% to 3.3% (but above […]

20.09.2018 More information

GBPUSD: Sterling Soars to 2 Mth Highs After Strong Inflation Data

The pound was bid on Wednesday and rose to fresh two month highs amid higher inflation numbers. The GBPUSD pair was seen 0.40% stronger during the London session and was changing hands near the 1.32 level. The headline CPI inflation in the United Kingdom rose from 2.5% to 2.7% for the month of August, which […]

19.09.2018 More information

USDJPY: Yen Strengthens as Trade War Escalates

The morning session has been volatile and the USDJPY pair jumped 50 pips to fresh two month highs above 112.20, only to give up all gains shortly after as the White House announced it has imposed tariffs on approximately 200 billion USD worth of imports from China. The tariffs will be effective since the next […]

18.09.2018 More information

EURUSD: Euro Trades Higher After Inflation Figures

Investors bought the single currency on Monday and it was trading 0.25% stronger in the morning, with the EURUSD pair seen changing hands at 1.1650 at the last check. The euro zone’s inflation failed to spur any significant volatility as it met analysts’ expectations. The year-on-year CPI stayed at 2.0%, while the core gauge also […]

17.09.2018 More information

EURGBP: Cross Lacks Momentum After Busy Week

The Euro-sterling cross was changing hands unchanged on Friday and was seen hovering slightly above the 0.89 mark during the London session. Both the central banks decided on monetary policy on Thursday and both decision were taken positively by investors, ergo both the pound and euro surged against the US dollar, meaning only a marginal […]

14.09.2018 More information

EURAUD: Cross Ticks Lower After AUD data, Ahead of ECB meeting

The Australian dollar moved higher during the Asian session on Thursday as the labor market in the country unexpectedly improved. As the EURUSD pair was trading flattish heading into the ECB decision, the EURAUD cross was down 0.25%, hovering around 1.6170 and correcting from three year highs reached earlier in the week. The Australian employment […]

13.09.2018 More information

EURUSD: Euro Weaker after Miserable EU Figures

The single currency was trading lower against the greenback during the London session on Wednesday, with the EURUSD pair spotted slightly below the 1.16 level at the last check. Earlier today, the euro zone’s industrial production came out very weak. The year-on-year change crashed from 2.3% to -0.1%, whilst the monthly gauge stayed at -0.8%. […]

12.09.2018 More information