OctaFX | OctaFX Forex Broker
Open trading account

Forex Flash: May pegged as sell-month for equities? – Investec

FXstreet.com (Barcelona) - Whilst currency markets were quiet, equity markets continue to make history. US equities hit new all time highs yesterday, fuelled by better than expected corporate earnings from across the pond.

According to the Investec Research Team, “In the last few years May has usually been a ‘sell month’ in equities, at times falling as much as 8.00% in 2010, but there is little to no evidence of this occurring this year.” Elsewhere, it appears we’re in for a quiet day as the data void continues with only German Industrial production data of any note.

Forex Flash: EUR/USD stability is impressive, considering... - BTMU

Derek Halpenny, European Head of Global Markets Research at the Bank of Tokyo Mitsubishi UFJ notes that given the ECB rate cut, speculation on negative rates, and the strong US employment report, the stability of EUR/USD is impressive.
Read more Previous

Forex: EUR/USD in fresh highs around 1.3130

The sentiment surrounding the single currency remains buoyant on Wednesday after the German Government gave green light for the European banking supervision, lifting the cross to the boundaries of 1.3130...
Read more Next
Start livechat