Blogs

AUD/USD has sold off to the 0.5530 1998 low. The market is overstretched and oversold and in need of some near term correction higher, according to Ka

The first Preliminary readings of the UK Manufacturing and Services PMIs for March are due for release today at 0930GMT. The Preliminary UK Manufactur

Open interest in copper futures markets shrunk once again on Monday, this time by nearly 2.2K contracts in light of advanced data from CME Group. In t

Amongst the Euro area economies, the German and the composite Eurozone PMI reports hold more relevance, in terms of its impact on the European currenc

The USD/JPY pair failed to capitalize on the previous day's strong intraday positive move of around 200 pips, to fresh one-month tops, and witnessed s

Cable is not “out of the woods” yet and could still test the 1.1400 area in the next weeks, suggested FX Strategists at UOB Group. Key Quotes 24-hour

In light of preliminary data from CME Group, open interest in Gold futures markets increased by around 10.5K contracts on Monday, reversing three cons

FX Strategists at UOB Group noted the prospects of further decline in EUR/USD appear to be losing momentum. Key Quotes 24-hour view: “While we indicat

Gold has been on the rise after the Federal Reserve announced an open-ended Quantitative Easing program, providing cheap money to American firms and l

Traders added just 122 contracts to their open interest positions on Monday, reaching the second consecutive session in light of the flash readings fr