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Technical Forex News

EUR/USD crawls up before the data released

EUR/USD opened the day at 1.3813, and after a period of consolidation edged higher to 1.3830 area by the moment. Despite the mild attempts to tick higher the euro is still under pressure both by verbal interventions, and weak economic data.

Majors

GBP/USD labors its way above 1.6740

GBP/USD started the day at 1.6726, and slowly moves higher coming closer to 1.6740 resistance.

Currencies

AUD/USD extends the bounce off 0.9330

The Aussie dollar is recovering part of the deep sell-off on Wednesday, pushing the AUD/USD back to...

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Gerry Davies

Is that a range I see before me?

We've buy orders clustered down at 1.3780/90...


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Fundamental News

Japan FinMin: Pullback from sales tax hike not as big as expected

Japan Finance Minister Aso notes that the pull back from sales tax hike is not as big as expected so far, in headlines carried by Reuters. Aso added "downturn in consumption from pent-up demand ahead...

Economic Indicators

China's growth slows to 7.4% in Q1 2014

China's Q1 2014 GDP (QoQ) came at 1.4% vs 1.4% exp and 1.8% last, while the annual reading for Q1...

Central Banks

BoJ's Kuroda: Ongoing QE policy aimed at ending deflation soon

Bank of Japan Governor Haruhiko Kuroda said at a press conference in Tokyo on Wednesday that the Japanese...

Equities

Wall Street closes near to daily highs

The US stocks market advanced for second day as investors digested well weaker than expected confidence...

Commodities

Gold back below $1,300

Spot gold plummeted on Tuesday and had the worst day in four weeks after falling sharply from $1,328.

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Brokers News

FXCM to Present at Citi's Asset Management, Broker Dealer & Exchanges Investor Conference

FXCM Inc. today announces that Chief Executive Officer, Drew Niv and Chief Financial Officer, Robert Lande, will be presenting...