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Technical Forex News

EUR/USD breaks below 1.3300, 11−month low

The EUR/USD started the European session on the back foot and broke below the 1.3300 level as equities opened broadly lower after 2 day of gains. The EUR/USD not only left the 1.33 mark behind but also November lows, stretching to its lowest level since September...

Two MPC members helped GBP/USD to come to life

GBP/USD rebounded from 1.66 support reaching 1.6629 before the MPC minutes release, and continued...

Currencies

AUD/USD vulnerable below 0.9300

The Australian dollar is trading back below 0.9300 Wednesday, weighed by falling stocks and a more...

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Fundamental News

NZ Treasury cuts economic forecasts

The New Zealand Treasury Department has trimmed the economic forecast for the country on its pre-election fiscal update.

UK: CBI Industrial Trends Survey – Orders jumps to 11 in August

The UK CBI Industrial Trends Survey – Orders rose to 11 in August from 2 registered the previous month,...

Central Banks

BoE Minutes: MPC voted 2−7 to hike rates

BoE Minutes from the MPC monetary policy meeting held on 6 and 7 August and released today reveal...

Equities

European stocks open lower with central banks in sight

European stocks opened lower Wednesday, after the biggest 2-day gain since April, as investors turned...

Commodities

Gold falls below $1,300 ahead of FOMC minutes

The yellow metal backed away from the $1,300 area and consolidates near 2-week lows as some optimism...