Sterling Flying High on Data Boost and Dollar Weakness; US Non-Farm Payrolls Eyed
Data surprises have been pushing the pound higher of late, and the Markit manufacturing PMI on 1 July has taken it one step closer to a crucial technical level.
Gold Rallies to 3-Month High on Safe-Haven Bids and Weaker Dollar
Gold rose to its highest since 24 March as uncertain growth outlook for the US weakened the dollar, increasing the investment appeal for the assets denominated in the greenback.
RBA Rate Signals Drive Australian Dollar to 8-month High
RBA leaves the cash rate unchanged at 2.5% and reiterates that what is required is interest rates stability.
British Pound Back Near Multi-Year Highs on Credit and Mortgage Data
Sterling rallied near the 19 June five-year high of 1.7064; markets await PMI and housing data this week.
Falling Oil Prices Help Indonesia's Rupiah Gain But Budget Concerns Keep Indian Rupee Pressured
Rupiah rose to 11,831, a two-week high, after hitting a near five-month high of 12,148 on 26 June, while concerns ahead of the 10 July Budget weighed on the rupee.
Euro Strengthens to Three-Week High vs Dollar Ahead of Eurozone CPI Data
Euro rallied to its highest since 9 June against the dollar on 30 June in early trade despite mixed data signals from the Eurozone, helped by the dollar's weakness.
New Zealand Dollar Off Three-year High on Weak Data, Easing RBNZ Intervention Concern
NZD/USD falls below psychologically important 0.8800 mark easing concerns of central bank intervention.
ECB May Announce Additional Stimulus And Fed's Yellen May Sound Dovish Again
Major central banks in the week to 4 July will most likely boost risk appetite.
China Yuan Back to Rising Trend on Strong Fundamentals, Awaits The 8 July Data Deluge
China yuan headed to end second consecutive month stronger against dollarl.
Pound Slightly Weak Against Most Majors Ahead of GDP Data
British pound weak against most major currencies ahead of UK gross domestic output data.
Will Kiwi Dollar's Rise Force Reserve Bank of New Zealand to Intervene?
NZD/USD is testing the higher barrier of an upward wedge pattern and a decisive break above the July 2011 peak will set new targets in the uncharted territory.
Sterling Takes Hawkish Signal From FSR; GBP/USD Back Near Multi-year High
Sterling reverses most of its losses over past few days.
Arabtec Outlook: Charts Show Downside Risks Alive for Dubai's Most Traded Stock
Negative impact of the firm's recent fall on the overall investment climate of the region will take time to fade out.
Dollar Drops as GDP and Durable Goods Orders Disappoint, GBP/USD Awaits Key UK Data
The mid-year UK financial stability report will be released on Thursday and more importantly, the BoE governor Mark Carney will deliver a speech around the same time.
Technical Outlook: Is Indonesia Facing a Currency Crisis?
With the outlook for the rupiah uncertain, Indonesian companies are not out of the woods quite yet.
Worsening Iraq Crisis Weakens Risk and Asian Currencies, Indonesian Rupiah Drops to New Low
Equities fell and Asian currencies weakened as the Iraq crisis worsened, increasing oil supply woes and demand for the dollar. The Indonesian rupiah has fallen to a new four-month low.
Swiss Franc Firms on Better Data But Sees Strong Technical Barrier on The Way
Swiss Franc strengthens on improved trade balance figures.
Crude Oil Technicals: Prices Drop as Iraq Worries Ease But Yet to Reverse Uptrend
Crude prices cool after worries over Iraq supply ease to some extent.
BoE Inflation Hearings: Will Carney Drive Sterling Towards $2?
At the BoE inflation report hearings, the market will be looking for more cues for Sterling as governor Carney has already given a big verbal boost to the currency.
AUD/USD Rallies to Near Seven-month High on Chinese Data, AUD/USD Testing Key Resistance
Australian dollar rallies after improved Chinese PMI data increases demand outlook for Australian exports.
Euro Weakens as German And French PMI Disappoint, Short-term EUR/USD Downtrend in Focus
EUR/USD slipped in early Monday's trade as French and German PMI numbers for June came lower than expected.
Dollar Down as Chinese Data Improves Risk Sentiment, GBP/USD Near New Highs
US dollar traded lower on 23 June as risk appetite improved after stronger Chinese data reduced safe haven demand for greenback.
Canadian Dollar Rallies to Multi-Month Highs v US Dollar and Yen After Inflation Data, USD/CAD Eyes 1.05
Canadian dollar rallied to a near seven-month high against the US dollar on Friday as Canada's consumer price and retail sales data surprised on the higher side.
Brent Rally Faces Test at $120
Brent crude rallied to a new nine-month high on Friday but has not yet decisively broken the upside barrier of a downward channel.
NOK Plunges as Norges Bank Signals Rate Cut; GBP/NOK at Five-year High
Norwegian Krone falls to fresh lows as Norges Bank hints at rate cut.
Gold and Silver Touch New Highs, Back in Upward Channels
Precious metals break downtrend following cautious Fed policy announcement.
Sterling Rally Continues Despite Slowing Sales, Close to New Multi-year High Versus Dollar and Yen
British pound rallies to new highs against US dollar and Japanese yen.
What Do Charts Say For US Dollar Index?
On hourly chart, US dollar index breaks below 50% and 61.8% Fibonacci retracement of 21 May to 11 June uptrend.
Asian Currencies Firm On Dollar Weakness After FOMC But Oil Prices Cap Gains
Asian currencies firm up as US Fed slashes growth outlook and signals no change in its current monetary policy.
Sterling Cautiously Down After BoE Minutes
The British pound shed some of its recent gains following the BoE minutes, which did not add to the hawkish tone set by central bank governor.
