OctaFX

21 minutes ago

GBP/USD technical analysis: Cable under heavy bearish pressure hits levels not seen since January

GBP/USD in a bear trend below its main simple moving averages. The market is attempting to break below the lowest point in May at 1.2560. Investors wi

30 minutes ago

USD/JPY remains directionless above mid-108s on Monday

The USD/JPY pair is struggling to make a decisive move in either direction on Monday as the slightly upbeat market sentiment doesn't allow the safe-ha

1 hour ago

AUD/USD struggles near multi-month lows, just above mid-0.6800s

The AUD/USD pair held on to its offered tone through the early North-American session and remained within striking distance of multi-month lows set on

1 hour ago

Wall Street opens slightly higher on Monday ahead of key FOMC meeting

Ahead of Wednesday's key FOMC meeting, major equity indexes in the United States started the day modestly higher on Monday. As of writing, the Dow Jon

1 hour ago

United States NAHB Housing Market Index registered at 64, below expectations (67) in June

1 hour ago

EUR/USD technical analysis: Euro correcting up and finding some resistance at 1.1250 level

EUR/USD is trading in a bear trend below its 100 and 200-day simple moving average (DSMA). The market has found some support at the 50 DSMA near 1.121

1 hour ago

US Dollar Index retreats to 97.30 as US data disappoint

The US Dollar Index (DXY), which measures the greenback vs. a bundle of its main rivals, has now faded the initial optimism and receded to the 97.3530

1 hour ago

USD/CHF reverses a dip to session lows, back around 0.9980 level

The USD/CHF pair refreshed daily lows, around the 0.9965 region in reaction to dismal US regional manufacturing index, albeit quickly recovered few pi

1 hour ago

USD/CAD extends consolidation, sits comfortably above 1.34 mark

The USD/CAD pair is having a difficult time setting its next short-term direction on Monday as the commodity-sensitive loonie fails to capitalize on a

2 hours ago

Central Banks in focus this week – Deutsche Bank

According to analysts at Deutsche Bank, the BoE and BoJ meetings are not expected to be game changers but the ECB Sintra meetings have provided market

2 hours ago

EUR/USD clinches daily highs near 1.1250 on poor US docket

The buying pressure appears to have returned to the single currency and is now motivating EUR/USD to advance to session peaks in the mid-1.1200s. EUR/

2 hours ago

Gold recovers early lost ground, back above $1240 level

Gold recovered a major part of its early slide and moved to the top end of its daily trading range, above the $1340 region post-US data. The Empire St

2 hours ago

Iran's senior security official: CIA agents were arrested after Tehran shared intel with allies

Citing Islamic Republic of Iran Broadcasting (IRIB), Reuters reported that a senior Iranian security official claimed that Tehran has recently exposed

2 hours ago

Fed have a very delicate balancing act – Deutsche Bank

In view of analysts at Deutsche Bank, the Fed have a very delicate balancing act to contend with as they have a choice of endorsing current dovish mar

2 hours ago

GBP/USD refreshes session tops, just above 1.2600 handle on dismal US data

The GBP/USD pair spiked to fresh session tops, with bulls looking to build on the recovery momentum further beyond the 1.2600 handle post-US data. The

3 hours ago

NY Empire State Manufacturing Index plummets to -8.6 in June, weighs on greenback

The Federal Reserve Bank of New York's Empire State Manufacturing Survey showed that the business activity in the region's manufacturing sector contra

3 hours ago

Canada Canadian Portfolio Investment in Foreign Securities: $-0.19B (April) vs previous $1.54B

3 hours ago

Canada Foreign Portfolio Investment in Canadian Securities: $-12.8B (April) vs previous $-1.49B

3 hours ago

United States NY Empire State Manufacturing Index came in at -8.6, below expectations (10) in June

3 hours ago

India: Weakness in growth momentum - ANZ

According to analysts at ANZ, the Indian economy continues to show weakness in growth momentum as the general activity and consumption indicators show

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