EURUSD is trapped in the consolidation channel since May 02 after it bounces from the 1.11300 as the release of weaker economics for the dollar. From the start of this week, the pair failed to make an impulsive momentum but trapped in 1.12150 - 1.11500 region. The pair had suffered…

Investing.com -- Foreign exchange markets are in risk-off mode again in early trading in Europe Thursday, with the yen rising and the renminbi falling as the likelihood of fresh U.S. tariffs on Chinese imports rises. A flurry of contradictory headlines on trade on Wednesday left markets confused but still expecting…

GBPUSD extending its bearish momentum for the third consecutive day after retesting the long term daily trendline at 1.30800 last week as the Dollar experiences weaker economic release.On Tuesday the UK government announced that Britain would take part in European Parliament elections this month. The pair started the week with…

(Reuters) - China will keep calm against threats of higher tariffs from the United States and has “complete confidence” in its ability to face challenges in trade talks, a commentary in China’s top newspaper said on Wednesday. Responding to U.S. President Donald Trump’s threat to raise tariffs on $200 billion…

Japanese investors faced the first trading day of a new era on Tuesday with fresh eyes, but the same old problem -- where to put their money given rock-bottom interest rates. They are expected to receive 44 trillion yen ($398 billion) in Japanese government bond redemptions in the fiscal year…

GBPAUD started off the week with a gap up testing above the last month high at 1.88627. As the market was calm due to U.K holiday last day, the pair is experiencing a bearish move for the second consecutive day. In the Daily Time frame, the ascending trendline from the…

USD/JPY opened the week well below the trendline connecting Trump's sudden re-escalation of trade tensions with China sent risk assets lower. The Dow futures fell more than 400 points, pushing the USD/JPY pair lower to 110.28. The index, however, recovered most of its losses by NY close, helping USD/JPY regain…

Last week the dollar experienced a mixed weeker economic release including Non- Farm Payrolls and Manufacturing PMI and the USDJPY dropped about 0.37 % on friday. The week started with a Gap down of around 40 pips which dipped till 110.200 and bounced back in the early sessions. Chinese representatives…

Investing.com - Here are the top five things you need to know in financial markets on Monday, May 6: 1. Trump threatens to raise tariffs on China U.S. President Donald Trump increased pressure on China over the weekend, threatening to raise a 10% tariff on $200 billion in goods to…

(Bloomberg) -- The Turkish lira fell past a key psychological level against the dollar as traders braced for the prospect of prolonged political turmoil and as a global market rout piled pressure on emerging-market currencies. The lira dropped as much as 0.7 percent to 6.0048 per dollar, breaching the key…