Login/Register

Currencies News

Currencies

US CPI rises slightly faster than expected in September

US CPI rises slightly faster than expected in September

Wed, 22 October 2014

US consumer prices remained unchanged in September at a 1.7% year-on-year rate of change, according to the latest figures from the Bureau of Labour Statistics. That was one tenth of a percentage point... [more]

FX round-up: Risk appettite picks up

FX round-up: Risk appettite picks up

Wed, 22 October 2014

Risk appetite was buoyed on Wednesday by speculation the ECB might move to expand the scope of its asset purchase programme to include corporate bonds. A slightly smaller than forecast slowdown in Chi... [more]

Eleven Eurozone banks poised to fail stress tests - UPDATE

Eleven Eurozone banks poised to fail stress tests - UPDATE

Wed, 22 October 2014

As markets prepare for the official results of the European Central Bank (ECB) stress tests and asset quality review on Sunday, a report stated that 11 Eurozone banks would fail similar tests by the E... [more]

MPC minutes emphasise lack of inflationary pressures

MPC minutes emphasise lack of inflationary pressures

Wed, 22 October 2014

As anticipated by economists, the minutes of the 7 to 8 October meeting of the Monetary Policy Committee (MPC) revealed that the decision to maintain Bank Rate and the current size of the Bank's bond ... [more]

Euro/dollar at key technical support

Euro/dollar at key technical support

Wed, 22 October 2014

Technical analysts at Digital Look noted that Tuesday's drop in the euro/dollar had taken the pair to a level of technical support located at the bottom of a rising short-term channel. "This is to say... [more]

Support and resistance levels for the main currency pairs

Wed, 22 October 2014

The following are the technical support and resistance levels for Forex trading. CURRENCY PAIR: SUPPORT/RESISTANCE Euro/Dollar: 1.27/1.2888. Euro/Yen: 135.65/137.90 Euro/Pound: 0.7870/0.8046. ... [more]

FX round-up: Something moves in German policy circles?

Tue, 21 October 2014

Increased risk appetite was evident on Monday as the German finance minister said the economic recovery in Europe was at a phase where the economy was weakening. Acting as a backdrop, writing in the F... [more]

US existing home sales rose past forecasts in September

Tue, 21 October 2014

Existing home sales in the US grew by 2.4% month-on-month in September to reach a 5.17m unit pace, the quickest this year, according to the National Association of Realtors (NAR). The consensus estima... [more]

ECB said to be considering corporate bond purchases

Tue, 21 October 2014

Today's surge in European equities is being attributed by some market commentary to reports that the European Central Bank (ECB) is considering the purchase of corporate bonds. According to The Wall S... [more]

Moody's warns oil could fall into $70s but remain solid long-term

Tue, 21 October 2014

The sharp drop in oil prices is not a prelude to a long-term collapse, insisted rating agency Moody's, but prices could fall into the $70 range in coming months. After trading within a $20 band for se... [more]

International air passengers up 4.5% in August, IATA says

Tue, 21 October 2014

The number of international air passengers improved by 4.5% in August, up from a 2.6% increase in July, the International Air Transport Association (IATA) said. The results show that the business is i... [more]

Banks may pay up to $41bn to settle currency fixing claims, analysts say

Tue, 21 October 2014

Banks could be forced to pay as much as $41bn to settle an investigation into their alleged collusion and manipulation of the foreign exchange market, Citigroup analysts have said. Deutsche Bank is ex... [more]

Euro/dollar continues to notch up higher lows and highs

Tue, 21 October 2014

Technical analysts at Digital Look again pointed on Tuesday to the short-term pattern in the euro/dollar trade showing successively higher lows and highs since the beginning of October. "As long as th... [more]

Support and resistance levels for the main currency pairs

Tue, 21 October 2014

The following are the technical support and resistance levels for Forex trading. CURRENCY PAIR: SUPPORT/RESISTANCE Euro/Dollar: 1.2622/1.2888. Euro/Yen: 135.50/137.90 Euro/Pound: 0.7764/0.8046. ... [more]

Bullish divergence appears in cable's technical indicators

Mon, 20 October 2014

While Digital Look technical analysts said cable had shown a clearly bearish tendency over the last few months, they noted on Monday a bullish divergence between the price and the stochastic oscillato... [more]

Short-term bullish signal in euro/dollar

Mon, 20 October 2014

Technical analysts at Digital Look on Monday highlighted how the trend in the euro/dollar over the last few months continued to be bearish, noting that the pair had been setting successively lower low... [more]

Support and resistance levels for the main currency pairs

Mon, 20 October 2014

The following are the technical support and resistance levels for Forex trading. CURRENCY PAIR: SUPPORT/RESISTANCE Euro/Dollar: 1.2622/1.2888. Euro/Yen: 134.12/137.90 Euro/Pound: 0.7764/0.8046. ... [more]

FX round-up: US dollar gains on positive data, central bankers' remarks

Mon, 20 October 2014

The last session of the previous week saw risk appetite recover further on the back of better-than-expected economic data Stateside. Housing starts grew by 6.3% month-on-month in September to an annua... [more]

ECB leak reveals contents of first ever monetary policy minutes

Fri, 17 October 2014

European Central Bank (ECB) minutes reportedly got leaked on Friday for the first time ever. Although the Bank of England (BoE) and the Federal Reserve (Fed) regularly report the minutes of their deli... [more]

US housing starts beat expectations in September

Fri, 17 October 2014

US housing starts grew at a seasonally adjusted pace of 1.017m in September, for a 6.3% gain in month-on-month terms, according to the Department of Commerce. Versus the year-ago period they saw a ris... [more]

University of Michigan consumer sentiment index jumps to 86.4, ahead of forecasts

Fri, 17 October 2014

The University of Michigan's preliminary consumer confidence index for the month of October edged higher, to a reading of 86.4. The consensus estimate had been for a print of 84.2. In a positive deve... [more]

Ukraine digs anti-tank ditches along Russian border

Fri, 17 October 2014

The Ukrainian State Border Service (USBS) has built more than 200 watchtowers on the Russian border and has been digging ditches in case tanks across state lines with Russia, the Ukrainian National Se... [more]

Cable looks set for a bounce

Fri, 17 October 2014

Digital Look technical analysts said on Friday that the stage was set for a bounce in cable. The analysts explained that the chart showed a stochastic bullish divergence. "In other words, the theory ... [more]

Euro/dollar could be on road to recovery

Fri, 17 October 2014

Digital Look technical analysts have pointed to a short-term bullish trend in the euro/dollar and suggested on Friday that the pair could make an upward move. "Despite the clearly bearish trend of the... [more]

Support and resistance levels for the main currency pairs

Fri, 17 October 2014

The following are the technical support and resistance levels for Forex trading. CURRENCY PAIR: SUPPORT/RESISTANCE Euro/Dollar: 1.2622/1.2935. Euro/Yen: 134.12/136.42 Euro/Pound: 0.7764/0.8066. ... [more]

FTSE 100 Top Risers

Name Last Chg.% Time
Admiral Group 1,285.00 3.38 17:09
Direct Line Insurance Group 279.60 3.14 17:05
GlaxoSmithKline 1,377.00 2.61 17:07
ARM Holdings 827.00 2.61 17:11
Whitbread 4,298.00 2.33 17:09

FTSE 100 Top Fallers

Name Last Chg.% Time
Sainsbury (J) 241.60 -3.36 17:09
Fresnillo 784.00 -3.03 17:07
British American Tobacco 3,375.00 -2.64 17:09
Morrison (Wm) Supermarkets 157.90 -2.59 17:07
Randgold Resources Ltd. 4,170.00 -2.55 17:09