A descending trend-line since March 26 continues to be a tough nut for bulls. The further downside can recall October 2018 bottom. Following its recovery, NZD/USD is trading near 0.6600… Read more »
The FTSE has resumed its downward spiral on Thursday, after posting gains in Wednesday. In the North American session, the pair is at 7,204, down 0.85% on the day. There… Read more »
USD/INR gapped higher at 69.78 and rose to 69.875, the highest level since March 11. India, the world’s fastest growing economy is energy dependent and runs a current account deficit…. Read more »
The pessimistic sentiment around bitcoin prices saw the number of shorts hit a six-week high on Thursday. The BTC/USD short positions on the cryptocurrency exchange Bitfinex jumped to 37,891 –… Read more »
The USD/CAD one-month 25 delta risk reversals (CAD1MRR) jumped on Thursday to the highest level since Oct. 10, as investors rushed to protect themselves from the further slide in the… Read more »
• The pair kept losing ground through the mid-European session and is currently placed near the lower end of a short-term descending trend-channel, held over the past one-week or… Read more »
© Reuters. Euro trims losses after hitting 6-week low on Italy worries Investing.com – The euro pared back some losses after falling to one-and-a-half month lows against the dollar on… Read more »
Gold prices fell $11.85 an ounce on Thursday, extending Wednesday’s losses, as gains in equities and a stronger dollar curbed demand for the metal. In economic news, the Commerce Department… Read more »
The Canadian dollar continues to lose ground this week. In the North American session, is trading at 1.3167, up 0.56% on the day. On the release front, manufacturing data will… Read more »