OctaFX

5 hours ago

Wall Street stocks down as US bond yields hit new highs

The three main US indices closed lower on the last day of the week. The S&P 500, the Dow Jones and the Nasdaq all closed below their 50-period simple

6 hours ago

WTI crude above $68.00 unfazed by Trump's attack on OPEC

Crude oil WTI is trading at around $68.38 per barrel virtually unchanged as the commodity traded mainly sideways on the last day of the week but still

7 hours ago

USD/MXN: Mexican peso rally ends abruptly, worst performer of the week

The Mexican peso ended the week as the worst performer among the most-traded currencies. It dropped sharply during the last two days and the slide...

7 hours ago

Eurozone: Data and ECB meeting on the agenda next week - Danske Bank

According to analysts from Danske Bank, next week, the European Central Bank will keep rates unchanged and they see that the flash PMI will indicate w

7 hours ago

Canada: Retail Sales data consistent with softer GDP growth - NBF

Jocelyn Paquet, an analyst at National Bank of Canada, points out that the Canadian February Retail Sales report will no be enough to salvage the...

8 hours ago

NZD/USD hits 2-week lows, back to 0.7200 handle amid stronger US dollar

The NZD/USD is trading at around 0.7206 down 0.88% on Friday. The NZD/USD is falling for the fourth day in a row and has now tested its 100-period si

8 hours ago

ECB Preview: Asset Purchases program to end by the end of 2018 - Wells Fargo

According to analysts from Wells Fargo, the European Central Bank will keep rates unchanged on Thursday. They see the end of the QE program by year-en

8 hours ago

US next week data: Q1 GDP, PMI and Goods Orders - Danske Bank

Data to be released next week in the US includes GDP, PMIs, and capital goods orders. Analysts from Danske Bank, look for US Q1 GDP to be around....

8 hours ago

AUD/USD slide finds support near critical level

The AUD/USD pair dropped sharply on Friday for the second-day in-a-row. In a few hours, the pair erased April’s...

8 hours ago

Brazil: USD/BRL projected to end year at 3.30 - Rabobank

Mauricio Oreng, Senior Brazil Strategist at Rabobank, points that they project USD/BRL at 3.30 for the end of this year and 3.70 for the end of next...

8 hours ago

USD/JPY fails to break above 107.90 amid drop in US stocks

The USD/JPY is trading at around 107.55 up 0.18% as bulls made an attempt to break above April 13 high in the late European session. The yen is stro

9 hours ago

GBP/USD weakness persists, close to 1.4000 amid a barrage of BoE dovish comments

The GBP/USD is trading at around 1.4028 down 0.42% on Friday. The GBP is under great pressure as market participants wonder if a rate hike is indeed

10 hours ago

UK Q1 GDP: growth slowed, the question is by how much - Danske Bank

Analysts from Danske Bank, estimate that next Friday, GDP data from Q1 will show an annual growth rate of 1.4%...

10 hours ago

Eurozone Consumer Confidence: April is a mixed bag - ING

Bert Colijn, Senior Economist at ING, explained that Eurozone consumer confidence rebounded in April but warned that underlying data reveals...

10 hours ago

Canada: Weak inflation in March - NBF

According to Matthieu Arseneau, National Bank of Canada’s analysts, weakness seen in the March inflation report, is not the beginning of a new...

10 hours ago

EUR/USD below 1.2300 handle, remains under pressure

The EUR/USD is trading at around 1.2275 down 0.58% on Friday’s trading as the European forex session is slowly coming to an end. The spot just saw p

11 hours ago

Gold extends slide to $1,334 as USD remains strong

Gold dropped further and bottomed at $1,334.95/oz, the lowest level since last Friday. It was hovering near the lows still under pressure. From Wednes

11 hours ago

Colombia Trade Balance came in at $-548.4M, above expectations ($-580M) in February

11 hours ago

WTI drops to session lows near $67.50 ahead of rig count

Prices of the barrel of the West Texas Intermediate are prolonging the correction from recent tops and are challenging the area of 2-day lows in the m

12 hours ago

CAD/JPY softens below 85.00 on weak Canadian inflation

The Canadian inflation data in Canada released at 12:30 GMT on Friday was a disappointment for CAD bulls. The CAD/JPY is trading at around 84.62 down

Forex News