OctaFX | OctaFX Forex Broker
Abrir una cuenta

Forex: EUR/GBP retreats from highs

FXstreet.com (Barcelona) - After climbing to the boundaries of 0.8640, the pair is now retreating to the 0.8620/25 region as the single currency is showing signs of weakness.
The cross has quickly climbed to session highs after the sterling took a hit from the higher unemployment rate and the BoE unchanged perspective towards further QE, increasing the selling pressure to fresh intraday lows vs. the greenback.

As of writing, the pair is up 0.51% at 0.8621 facing the next hurdle at 0.8647 (61.8% of 08793-0.8412) followed by 0.8684 (high Mar.14) and then 0.8714 (high Mar.13).
On the downside, a breach of 0.8532 (MA10d) would expose 0.8505 (MA21d) and finally 0.8495 (low Apr.12).

Forex Flash: IMF predicts lower US growth but better than some peers - BTMU

Derek Halpenny, European Head of Global Markets Research at the Bank of Tokyo Mitsubishi UFJ notes that the release of the IMF forecast projections for the US show US real GDP growth of 1.9% and 3.0% for this year and next, lower than before but still respectable in comparison to other major developed economies.
Leer más Previous

Forex: USD/CHF trading positively at 0.9233/35

The USD/CHF has successfully rebounded off the 0.9310 level Wednesday during European trading, helped in part by robust Swiss data. After rising nearly 25 pips, the rally seems to have stalled at 0.9233/35 at the time of writing, whereby recording a +0.10% gain on the day.
Leer más Next
Start livechat