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Technical Forex News

EUR/USD rises to 1.10

The common currency is being bid higher in the early European session, taking the EUR/USD pair just above the 1.10 handle. The pair recovered from the low of 1.0964 to trade above its 50-DMA located at 1.1004. The shared currency underperformed in the overnight trade after the exit polls of Spanish local and regional underscored..

Majors

GBP/USD flirting with 1.5500

The pound is following the broader flat sentiment on Monday, taking GBP/USD to the vicinity of 1.5500...

Currencies

AUD/USD flattish circa 0.7825

The Australian dollar recovers losses and turned in green against its US counterpart in the European...

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Fundamental News

Greece has run out of money, won't make IMF repayment in June − Greek Interior Minister

Greek Interior Minister, Nikos Voutsis, said the country did not have enough funds to make repayments...

Economic Indicators

Japan's trade deficit for March not as low as expected

Japan's trade balance for March came at ¥-53.4B, above forecasts of ¥-318.9B, with exports (YoY) at...

Central Banks

BOJ Gov Kuroda expects to reach 2% inflation by H1 2016

BOJ Gov Kuroda crossed the wires over the weekend, noting that he expects inflation to reach 2% around...

Equities

China CSI 300 rallies above 5000

China’s CSI rallied above 5000 on Monday for the first time in seven years on speculation that the...

Commodities

Speculators pared net bearish positions in 10−year Treasury note for 2nd week

As per the data released by the US Commodity Futures Trading Commission (CFTC), speculators reduced...

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Brokers News

Four banks plead guilty over FX manipulation

Five banks, Barclays, UBS, Citigroup, J.P. Morgan Chase and Royal Bank of Scotland, pleaded guilty...

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