United States Business Inventories came in at 0.3% below forecasts (0.4%) in February


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EUR/USD hits 7-week lows near 1.1180 on relentless USD buying

Despite the recovery in the 10-year German yields, the EUR/USD pair remains heavy below 1.1200 amid unabated US dollar buying across the board, as markets reassess the Fed's interest rate policy ahead of Thursday's ECB decision.  

EUR/USD News

GBP/USD advances modestly on Boris Johnson’s victory

The Brexiteer Boris Johnson has been elected as the leader of the Tory Party and will replace Mrs. May as PM. His willingness to leave the EU with or without a deal will likely keep the Sterling under pressure, once the dust settles. GBP/USD now trading at around 1.2470.

GBP/USD News

USD/JPY climbs to multi-day tops, further beyond 108.00 handle

The USD/JPY pair continued gaining positive traction for the third consecutive session on Tuesday and built on last week's recovery move from four-week lows.

USD/JPY News

Gold off lows, still in the red near $1420 area

Gold held on to its weaker tone through the mid-European session, albeit has managed to pare some of its early losses to $1414 area, or multi-day lows.

Gold News

Bitcoin fades and gives the lead to Altcoins

ETH/BTC is set up to rise in the short term. XRP can surprise and open up the Altcoin season. Bitcoin goes low and tests important levels.

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