Technical Forex News

EUR/USD tests highs on better IFO

The single currency is now trading on a firmer tone, lifting the EUR/USD back to the 1.3840 area and posting fresh session highs at the same time. Auspicious German IFO results boosted the pair to session highs, with Expectations (107.3) and Business Climate (111.2)...


USD/JPY goes back above 102.40

USD/JPY recovers from morning low at 102.24 reaching 102.40 area by the moment.


EUR/GBP moves higher before The Draghi Effect

EUR/GBP is again on the rise reaching 0.8244 high by the moment on the German Ifo data.

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Matt Bacon−Hall

BOJ Officials: Concerned JGB market failing to reflect inflation

BOJ officials speak about bond market concerns...

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Fundamental News

Asia EM Express: Thai central bank on hold in April on continuing civil unrest

The Thai central bank held its monetary policy meeting on Wednesday and decided to keep the one-day bond repurchase rate at 2%, after cutting it by 25bp in March ...

Economic Indicators

Germany: IFO – Business Climate up to 111.2 in April

According to data published on Thursday by the CESifo Group, German IFO – Business Climate increased...

Central Banks

RBNZ hikes rates to 3%, retains hawkish bias

As widely expected by the market, the Reserve Bank of New Zealand decided to hike its interest rate...


S&P and Nasdaq stopped a 6−day winning streak

Wall Street closed Wednesday with losses as investors' confidence was hurt by a mix set of corporate...


Gold bounces at 1,280; recovery doesn't seem strong

The Gold declined $9 from 1,289 in the early American morning to find support at 1,280 level where...

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