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Latest FX news

US: Strong retail sales, flat industrial production - TDS
Analysts at TD Securities note that the US retail sales growth came in above expectations at 0.4% m/m in June, matching a similar expansion in May (mkt: 0.2%).Key Quotes“The core measures were also ... Read more
about 5 days ago
EUR/USD seen grinding lower in the near term – UOB
FX Strategists at UOB Group now see EUR/USD resuming the downside although a test of the 1.1100 neighbourhood looks unlikely for the time being.Key Quotes24-hour view: “Expectation for EUR to trade ... Read more
about 5 days ago
GBP/USD: Recovery underway as traders await UK CPI for fresh direction
Buyers sneak in from 27-month low amid fresh risk-off dragging the US Dollar (USD) down.Monthly inflation numbers from the UK and the US housing market data can decorate today’s economic calendar.Trade/political headlines extend the watch-list.<span style="font-size: ... Read more
about 5 days ago
EUR/USD looks south as markets scale back Fed rate cut bets
Overnight drop in Fed rate cut odds could bode well for USD.&nbsp;EUR/USD has charted a bearish lower high.&nbsp;A break below 1.1193 would confirm a lower low.&nbsp;EUR/USD risks falling below key support at 1.1193 as ... Read more
about 5 days ago

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