Forex News


Eurozone CPI prints in line with estimates

11:23 31 March /2016 Forex

According to the flash estimate of Eurostat, Eurozone Harmonized Index of Consumer (HICP) inflation fell at an annual rate 0.1% in March as expected.

The previous figure stands unrevised at -0.2%. The core rate, excluding volatile food and energy prices was 1.0% Y/Y in March, Eurostat estimated, above the previous month™s figure of 0.8%.

Inflation has not come near the ECB™s goal of just under 2% since 2013. In response to persistently low inflation, the ECB will on Friday boost monthly bond purchases to EUR 80 billion from EUR 60 billion.

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USD/CAD upside still capped around 1.3400

The Canadian dollar is alternating gains with losses vs. its American peer on Thursday, with USD/CAD now staying almost unchanged around 1.3380.USD/CAD attention to US docketThe pair is looking to extend the weekly positive streak

09:46 27 October /2016 Forex

AUD/USD drops back to session low

After fading upbeat Australian CPI-led strong gains beyond 0.7700 handle, the AUD/USD pair came under fresh selling pressure on Thursday amid renewed greenback buying interest.Currently trading near session low around 0.7625-20 region, today's disa

09:46 27 October /2016 Forex

USD/JPY a test of the mid-105.00s is likely – Commerzbank Pablo Piovano

In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair’s upside could extend to 105.55.Key QuotesUSD/JPY continues to consolidate - it has closed above the September high at 104.32, but is currently thwar

09:46 27 October /2016 Forex