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Latest FX news

US 10-year Treasury Tield Technical Analysis: Double top pattern on the daily chart
The US 10-year treasury yield is charting a double top bearish reversal pattern with the neckline at 3.057 percent.A daily close below the neckline support would confirm a bullish-to-bearish trend change, opening the doors for a deeper drop to percent (target as ... Read more
about 20 hours ago
GBP: Unlikely to find a way back - Nomura
Analysts at Nomura are very surprised that Theresa May has pushed a deal through the cabinet without maintaining Dominic Raab's backing and think that GBP is unlikely to find a way back from this in the short term.Key Quotes<div ... Read more
about 20 hours ago
GBP/USD: Political headlines leave a Brexit-sized hole
Brexit headlines continue to drive GBP/USD action as the UK's parliament continues to fracture.Another Brexit secretary has departed from PM May's flock, and bloodthirsty Tories are looking for a new vote.The GBP/USD is trading just shy of the ... Read more
about 20 hours ago
US fund investors continue to shun bonds - Lipper
The fixed income asset class continues to lose its appeal amid a rising rate environment in the US.Notably, the US-based taxable-bond funds saw withdrawals of $1.2 billion during the week ended Nov 14, according to Lipper data on Thursday.<div ... Read more
about 20 hours ago

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