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News
Articles

Friday

NY Fed's GDP Nowcast unchanged at 1.2% for Q4 2019

Eren Sengezer

24/01/2020 16:21

The US economy is expected to expand by 1.2% in the last quarter of 2019 and by 1.7% in the first quarter of 2020, the Federal Reserve Bank of New Yor
Canadian retail sales ticked up in November – RBC

Eren Sengezer

24/01/2020 16:16

Commenting on the Canadian Retail Sales data that was published on Friday, "the tick up in Canadian retail sales in November breaks a string of genera
NZD/USD Price Analysis: Kiwi trading in a bull flag below 0.6614 resistance

Flavio Tosti

24/01/2020 16:13

NZD/USD attempted a break above the 0.6614 resistance and is now easing back down below the level
EUR/USD slumps to seven-week lows near 1.1020

Eren Sengezer

24/01/2020 16:13

The broad-based USD strength in the second half of the day caused the EUR/USD pair to slump to its lowest level since early December at 1.1023. As of
Risk of AUD/USD dropping toward 0.65 on a 12-month view – Rabobank

Eren Sengezer

24/01/2020 15:14

"The consensus view is that AUD/USD will move higher this year, extending the choppy upward bias that was in place between October and December," note
US: Markit Manufacturing PMI drops to 51.7 in January vs. 52.5 expected

Eren Sengezer

24/01/2020 14:55

The economic activity in the US' manufacturing sector expanded at a slower pace in January than it did in December, the preliminary data published by
EUR/JPY Price Analysis: Euro eyeing January lows, trading sub-121.00 figure

Flavio Tosti

24/01/2020 14:50

The market is continuing to weaken from January’s tops trading below the 121.00 figure while holding above the main daily simple moving averages (SMAs).
United States Markit Services PMI above forecasts (52.9) in January: Actual (53.2)

FXStreet Team

24/01/2020 14:45

United States Markit Services PMI above forecasts (52.9) in January: Actual (53.2)
United States Markit Manufacturing PMI below forecasts (52.5) in January: Actual (51.7)

FXStreet Team

24/01/2020 14:45

United States Markit Manufacturing PMI below forecasts (52.5) in January: Actual (51.7)
United States Markit PMI Composite registered at 53.1 above expectations (52.5) in January

FXStreet Team

24/01/2020 14:45

United States Markit PMI Composite registered at 53.1 above expectations (52.5) in January
Wall Street opens higher on upbeat earnings figures

Eren Sengezer

24/01/2020 14:44

Wall Street's main indexes started the day higher as the easing worries over coronavirus becoming a global health emergency and upbeat earnings figure
WTI plummets to 2-month lows in sub-$55.00 levels

Pablo Piovano

24/01/2020 14:42

Prices of the West Texas Intermediate remain well entrenched into the negative ground at the end of the week, navigating fresh 2020 lows in the $54.70
EUR/USD Price Analysis: Euro vulnerable at two-month lows, eyeing the 1.1000 figure

Flavio Tosti

24/01/2020 14:30

EUR/USD is trading in a weak downtrend below the main simple moving averages (SMAs)as the spot is breaking to the downside from a bullish trendline which start
Gold rebounds above $1560 ahead of US PMI data

Eren Sengezer

24/01/2020 14:25

The XAU/USD pair dropped to a daily low of $1556.70 during the European trading hours as the easing worries over coronavirus becoming a global epidemi
USD/JPY Price Analysis: Intraday uptick falters near 50-hour SMA, ahead of 109.70 resistance

Haresh Menghani

24/01/2020 14:23

The USD/JPY pair failed to capitalize on the early uptick to levels beyond the 109.50 region and met with some fresh supply near 50-hour SMA. Given th
Belgium Leading Indicator came in at -2, above forecasts (-3) in January

FXStreet Team

24/01/2020 14:00

Belgium Leading Indicator came in at -2, above forecasts (-3) in January
AUD/USD Price Analysis: Aussie sidelined below 0.6881 resistance

Flavio Tosti

24/01/2020 13:51

AUD/USD is under bearish pressure near the January lows while trading below its main daily simple moving averages (SMAs) suggesting an underlying bearish bias.
USD/CAD remains confined in a range, moves little post-Canadian retail sales

Haresh Menghani

24/01/2020 13:43

The USD/CAD pair extended its range-bound price action and remained confined in a narrow trading band around the 1.3125-30 region after mixed Canadian
Canada: Retail Sales rose 0.9% in November vs. 0.4% expected

Eren Sengezer

24/01/2020 13:35

Retail Sales in Canada rose 0.9% on a monthly basis in November to $51.5 billion following October's decline of 1.1%, the data published by Statistics
Canada Retail Sales ex Autos (MoM) below expectations (0.4%) in November: Actual (0.2%)

FXStreet Team

24/01/2020 13:30

Canada Retail Sales ex Autos (MoM) below expectations (0.4%) in November: Actual (0.2%)
Canada Retail Sales (MoM) registered at 0.9% above expectations (0.4%) in November

FXStreet Team

24/01/2020 13:30

Canada Retail Sales (MoM) registered at 0.9% above expectations (0.4%) in November
Fears about spread of coronavirus weighed on financial markets this week – Danske Bank

Eren Sengezer

24/01/2020 13:14

"Fears about the spread of the so-called coronavirus in China weighed on financial markets this week," note Danske Bank analysts. "In particular, Chin
PMIs Leave BoE Call on Knife Edge – TDS

Haresh Menghani

24/01/2020 13:10

According to Jacqui Douglas, Chief European Macro Strategist at TD Securities (TDS), the bounce in the January UK PMIs was stronger than expected for
GBP/USD slides further below 1.3100 mark, fresh session lows

Haresh Menghani

24/01/2020 13:04

The GBP/USD pair extended its intraday pullback from two-week tops and dropped to fresh session lows in the last hour, further below the 1.3100 mark.
Russia Producer Price Index (MoM) climbed from previous -0.8% to -0.4% in December

FXStreet Team

24/01/2020 13:00

Russia Producer Price Index (MoM) climbed from previous -0.8% to -0.4% in December
Russia Producer Price Index (YoY) up to -4.3% in December from previous -6.3%

FXStreet Team

24/01/2020 13:00

Russia Producer Price Index (YoY) up to -4.3% in December from previous -6.3%
USD/INR Price Analysis: Holds steady near 100-day SMA, around 71.30 region

Haresh Menghani

24/01/2020 12:46

Following an early uptick to two-week tops, the USD/INR cross witnessed a modest intraday pullback and now seems to have stabilized near 100-day SMA.
USD/JPY clings to small daily gains above 109.50

Eren Sengezer

24/01/2020 12:45

The USD/JPY pair lost more than 100 pips this after rising to its highest level since May at 110.30 last Friday as heightened fears over coronavirus s
EUR/JPY bounces off lows, approaching 121.00

Pablo Piovano

24/01/2020 12:27

The persistent selling momentum in the European currency has been putting EUR/JPY under excessive downside pressure in the past couple of sessions. EU
When are the Canadian retail sales figures and how could they affect USD/CAD?

Haresh Menghani

24/01/2020 12:13

Statistics Canada will publish the monthly retail sales report for November later this Friday at 13:30 GMT. Consensus estimates point to solid rebound