The AUD/USD pair held on to its weaker tone through the early European session and is currently placed near one-week lows, just below the 0.6300 mark.
Blogs
AUD/USD: Tactical long targeting 0.6926 – OCBC
The sudden turn on Wednesday underlied the inherent choppiness of risk appetite but FX strategists at OCBC bank have not seen sufficient evidence to s
NZD/USD faces solid support at 0.5870 – UOB
Occasional pullbacks in NZD/USD is expected to meet solid contention in the 0.5870 area, in opinion of FX Strategists at UOB Group. Key Quotes 24-hour
Crude Oil Futures: Extra losses stay on the table
Investors added around 27.8K contracts to their open interest positions in crude oil futures markets on Wednesday, reversing the previous drop accordi
EUR/CHF: Eroding the March low – Commerzbank
The EUR/CHF pair stays directly offered below the 55-day ma at 1.0607 and is eroding the March low, as Karen Jones from Commerzbank notes. Key quotes
China’s Commerce Ministry: Solid economic fundamentals won't change
China’s Commerce Ministry said in a statement on Thursday, the country’s solid economic fundamentals won't change. Additional points Hasn't and won't
EUR/USD: Risk-off sentiment favors the safe-haven greenback
The dollar remains the cleanest shirt in the dirty pile. Disappointing macro data and earnings have triggered a risk-off sentiment that favors the saf
Further correction in GBP/USD should not be ruled out – UOB
Cable is seen grinding lower although always against the backdrop of a broad consolidative pattern, suggested FX Strategists at UOB Group. Key Quotes