Technical Forex News

EUR/USD hits a lower low

The EUR/USD is taking a breather Wednesday, consolidating in a tight range, yet having posted a fresh 8-month low at the beginning of the European session. The EUR/USD accelerated south Tuesday, giving up the 1.3500 mark...


GBP/USD fails to rise on MPC, but focuses on mortgage approvals

GBP/USD recovered to 1.7080 area before the minutes release, and moved to 1.7094 right after.


AUD/USD keeps pushing higher, near 0.9450

The Aussie dollar is extending its upside momentum on Wednesday, lifting the AUD/USD to 2-week highs...

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Fundamental News

Abe advisers urge an initial 2% corporate tax cut − Nikkei

According to Nikkei sources, Abe advisers are urging the Japanese PM an initial 2% corporate tax cut next April.

Australia's trimmed mean inflation well above expectations

Australia's inflation data came above expectations, with the headlines QoQ for Q2 at 0.5% vs 0.6%...

Central Banks

BoE Minutes: Some MPC members see case for rate hike more balanced

BoE Minutes from the MPC monetary policy meeting held on 9 and 10 July and released today reveal...


US stocks close positive amid earnings and CPI

Wall Street cheered good corporate earnings reports on Tuesday and it traded with positive note including...


Crude Oil: Support at 106.80 could be violated − eFXnews

The eFXnews team point out that that the SEB stresses that oil's correction higher might or might...