Technical Forex News

AUD/USD steady on 0.93 handle

HSBC Manufacturing PMI (Jul) missed the consensus at 51.7 vs 52.0 but up on previous 50.7. The AUD/USD subsequently dropped below the handle of 0.93 and is buoyant here for now.


USD/JPY consolidative ahead of NFP's

USD/JPY is trading at 102.81, up 0.02% on the day, having posted a daily high at 102.84 and low at...


EUR/JPY mildly bullish, supported on 20DMA

EUR/JPY is trading at 137.64, having posted a daily high at 137.75 and low at 137.62.

Latest news

Fundamental News

IMF urges Japan to push on with reforms

In its annual report on the state of Japan’s economy the International Monetary Fund said on Thursday that Japan’s financial stability could be endangered if the country fails to continue implementing...

Final HSBC China PMI slightly lower than flash estimate

The final HSBC manufacturing PMI came at 51.7 vs 52 exp and 50.7 last. Commenting on the Flash China...

Central Banks

Fed cuts another $10 Bn; removes reference to unemployment rate being elevate

The Federal Reserve decided to maintain unchanged its interest rate at 0.0/0.25% for another month...


US stocks down sharply, major currencies steady

Wall Street was ending July with important losses while European markets finished sharpy in negative.


Gold tumbles to $1,280/oz, 6−week low

Gold is falling for the fourth day in a row on Thursday and recently hit a fresh 7-week low at $1,280.