Technical Forex News

USD/JPY sidelined near 122.60

The Japanese currency is giving away part of the initial advance vs. its American counterpart on Monday, sending USD/JPY to the 122.60 area. The results from the Greek referendum on Sunday boosted the risk-off trade at the opening bell in Asia today, giving extra legs to the Japanese currency and dragging spot to test lows in the 122.00 neighbourhood...


DXY advances near 96.50

The US Dollar Index, which gauges the greenback vs. its main rivals, is extending the upside momentum...


EUR/CHF turns positive around 1.0450

The recovery in the single currency continues to lift EUR/CHF higher on Monday, now testing the upper...

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Fundamental News

ECB to discuss Greek ELA this afternoon

The latest chatter in the markets is that the European Central Bank (ECB) governing council will discuss...

Economic Indicators

UK services PMI rises more than expected in June

Markit/CIPS UK Services PMI in June ticked higher to 58.5 from 56.5 in May. The markets were expecting...

Central Banks

Corporate bonds now included into QE Program – ECB Chief Draghi

The European Central Bank (ECB) announced on Thursday that it is expanding its massive bond-buying...


DAX drops on Greek ‘NO' vote news, banks worst hit

Germany’s benchmark index, the DAX kicked-off the week on a bearish note, opening with a negative...


Oil drops on Greek turmoil and Chinese concerns

Oil prices at both the sides of the Atlantic fell sharply on Monday after world inched a step closer...

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