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Technical Forex News

USD/JPY trades at 10−DMA

The USD/JPY pair finds itself stuck around 10-DMA level located at 118.00 even though the labor department in the US reported a solid weekly jobs data.

Majors

USD/CHF consolidates around 0.9200

USD/CHF is going through a consolidation phase around 0.9200 after a sudden rally staged during the...

Currencies

No reaction in EUR/JPY post German CPI data

The EUR/JPY continues to trade largely unchanged at 133.34 levels after the data in preliminary data...

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Fundamental News

Fed rate hike still in pipeline –Hilsenrath

Wall Street Journal’s Fed watcher Jon Hilsenrath writes the Federal Reserve is still on course to raise interest rates as new hints of “hawkish” and “dovish” leanings seem to balance out.

Economic Indicators

Europe Economic Sentiment Indicator improves slightly in January

In January, the Economic Sentiment Indicator (ESI) increased slightly in both the Eurozone (by 0.6...

Central Banks

Denmark cuts interest rates for the third time in 10 days

The Denmark’s Central Bank announced another interest rate cut; its third in the last ten days. The...

Equities

US Stocks may see early buying

The US stock markets may see early buying after ending the previous two sessions sharply lower. The...

Commodities

Gold trades hits fresh session low

Gold prices fell to a session low after failing to sustain the rebound witnessed at the onset of the...

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Brokers News

FXCM to forgive most clients who incurred in negative balances after SNB move

Currency broker FXCM will "forgive" about 90% of its clients for losses incurred on the back of Swiss...