ISM Non-Manufacturing PMI misses with 53.5 – USD extends falls
The US dollar was suffering badly before the publication, on dovish comments and despite good data and now it is…
EUR/USD breaks downtrend resistance
Finally a move in EUR/USD? The pair is making a break. Is it for real? Just earlier today we talked…
ADP Non-Farm Payrolls beat with 205K – USD cannot recover
Better than expected job gains in the private sector: ADP showed 205K jobs gained in January and an upwards revision for…
USD/CAD To Top As Oil Set To Bottom In Q1 – BTMU
The Canadian dollar has shown some strength of late, but is falling again on oil prices. Is the end of…
EUR/USD in a tight wedge – Key NFP hints ahead
The slump in oil is helping the safe haven yen and the euro is lagging behind. The ADP Non-Farm Payrolls…
EUR/USD wedge closing in – where will it break to?
EUR/USD is the world’s most popular currency pair and so far in 2016, it earns the “most frustrating pair” award. Since the…
Kuroda set for 2% Price Target
After last week’s surprise move from the BoJ, we’ve seen some tough talking from BoJ head Kuroda overnight, stressing that…
UK Services PMI at 55.6 – GBP/USD extends gains
No surprises from the services sector in the UK: a score of 55.6 points. This reflects ongoing solid growth in…
EURUSD, USDJPY, GBPUSD and XAUUSD TA – February 03 2016
EURUSD Daily Analysis EURUSD (1.091): EURUSD continued its ascent after testing down to the previous support near 1.0816 – 1.0834…
Each currency to its own – Live Market Open from 8:00 GMT
On one hand we have a stronger yen and euro while commodity currencies are falling. On the other hand, it…