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EUR/USD, GBP/JPY, IG Client Sentiment Outlook – Talking Points: Euro eyeing ECB and FOMC minutes, Pound focusing on UK election polling Trader positioning hints the near-term EUR/USD uptrend has room to prolong GBP/JPY may fall on technical signals and net-long bets in IG Client Sentiment Join me on Wednesdays at 01:00 GMT as I cover […]

After exhibiting weakness in the previous three sessions, the U.S. dollar held steady on Tuesday, ahead of the release of the minutes of the Federal Reserve’s recent monetary policy meeting. Slightly waning optimism about a trade deal between the U.S. and China following reports about U.S. President Donald Trump’s reluctance to roll back tariffs on […]

Asia Pacific Market Open Talking Points Yen gains, USD/JPY may fall as US passes Hong Kong Bill Chinese countermeasures may derail hopes of a trade deal AUD/USD, NZD/USD may decline as Asia stocks weaken Find out what the #1 mistake that traders make is and how you can fix it! Yen May Gain as AUD, […]

After the release of U.S. housing starts for October at 8:30 am ET Tuesday, the greenback changed little against its major counterparts. The greenback was trading at 108.70 against the yen, 0.9908 against the franc, 1.1081 against the euro and 1.2946 against the pound around 8:35 am ET. The material has been provided by InstaForex […]

Canadian Dollar Forecast: Canadian Dollar Forecast: USD/CAD, CAD/JPY, NZD/CAD Levels After enjoying a relatively robust performance in the first ten months of the year, the Canadian Dollar has recently conducted an about-face and slipped against its major counterparts. The maneuver occurred at the Bank of Canada’s rate decision on October 30, where BOC Governor Poloz […]

Economic growth in the OECD that comprises of 36 member countries slowed further in the third quarter. Gross domestic product in the OECD area grew 0.3 percent from the second quarter, when the economy expanded 0.4 percent, provisional data from the Paris-based Organization for Economic Co-operation and Development showed on Tuesday. The pace of growth […]

CRUDE OIL PRICE OUTLOOK SOURS AFTER RUSSIA SHIES AWAY FROM FURTHER OPEC SUPPLY CUTS Crude oil prices are coming under pressure during Tuesday trading after comments from Russia’s energy minister cast doubt on curbing oil production further with OPEC next month The price of crude has breached a key technical level and could continue to […]