OctaFX

2 minutes ago

GBP/USD room for a test of 1.3345/1.3470 – Commerzbank

Karen Jones, Head of FICC Technical Analysis at Commerzbank, noted technicals are suggesting a potential test of the 1.3345/1.3470 band. Key Quotes

9 minutes ago

EUR futures: recovery has further legs

In light of preliminary figures for EUR futures markets from CME Group, investors added around 6.1K contracts to their open interest positions on Thur

16 minutes ago

WTI holds gains above $ 66 mark, OPEC meeting eyed

WTI (oil futures on NYMEX) hit fresh five-day highs at $ 66.64 in mid-Asia and since then entered a phase of upside consolidation, as we heading into

27 minutes ago

USD/CAD corrects from 1-year tops, slips below 1.3300 handle

• A follow-through USD retracement prompts some profit-taking on Friday. • A goodish pickup in oil prices underpin Loonie and add to the sell

51 minutes ago

OPEC likely to decide on increase of supply - TDS

Analysts at TDS suspect that any agreement to increase production will have to be suitable for the whole cartel, which could potentially suggest that

52 minutes ago

US is said to ask Japanese buyers to stop Iran oil imports - Bloomberg

Bloomberg reports latest headlines, citing that the US is said to ask the Japanese buyers to stop Iran oil imports. The above headlines suggest an es

1 hour ago

Eurozone flash manufacturing PMI steadies at 55.5 in June

The Eurozone economy maintained its pace of growth in the month of June, the latest manufacturing and services activity surveys from IHS/Markit resear

1 hour ago

AUD/USD bulls looking to build on momentum back above 0.7400 handle

• A follow-through USD retracement remains supportive of the ongoing recovery. • Improving risk-appetite offsets resurgent US bond yields and

1 hour ago

European Monetary Union Markit Services PMI registered at 55 above expectations (53.7) in June

1 hour ago

European Monetary Union Markit PMI Composite registered at 54.8 above expectations (53.9) in June

1 hour ago

European Monetary Union Markit Manufacturing PMI meets forecasts (55) in June

1 hour ago

AUD/USD returns to positive carry - AmpGFX

In view of Greg Gibbs, Analyst at Amplifying Global FX Capital, one interesting development in AUD that has mixed implications for the currency is tha

1 hour ago

EUR/GBP seen rangebound in the next months – Danske Bank

Arne Rasmussen, Head of FI Research at Danske Bank, gives his views on the BoE and the European cross for the next months. Key Quotes “EUR/GBP dropp

1 hour ago

Not all OPEC members likely to accept proposal of 1 mln bpd output hike - Reuters

Reuters quoted an OPEC delegate, as citing that not all OPEC members are likely to accept proposal of output increase of 1 million bpd. Earlier today

1 hour ago

EUR/USD a test of 1.1505 loses traction – UOB

The probability of a visit to the 1.1500 area appears to have lost some momentum for the time being, suggested FX Strategists at UOB Group. Key Quote

1 hour ago

Gold clings to modest recovery gains, around $1270 level

• A follow-through USD retracement helps build on overnight rebound from 6-month lows. • Global trade war fears revive safe-haven demand and

1 hour ago

German flash manufacturing PMI drops to 55.9 in June, 18-month lows

German economy grows at the weakest pace in eighteen months in June, the latest manufacturing and services activity surveys from IHS/Markit research s

1 hour ago

USD/CHF positive while above 0.9875/72 – Commerzbank

According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair’s stance should remain positive as long as it trades above the 0.98

1 hour ago

Germany Markit Services PMI came in at 53.9, above expectations (52.1) in June

1 hour ago

Germany Markit Manufacturing PMI came in at 55.9 below forecasts (56.2) in June

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