News
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EUR/JPY Price Forecast: Falls to near 175.50 after breaking below nine-day EMA
EUR/JPY extends its losing streak for the fourth consecutive session, trading around 175.60 during the European hours on Tuesday. The technical analysis of the daily chart indicates a potential for a bearish shift as the currency cross is positioned below the ascending channel pattern.
Fxstreet
Tue, Oct 14
TRY: Lira weakening despite ongoing current-account improvement – Commerzbank
USD/TRY continues to move up in a linear fashion. In our Daily Currency Briefing of 27 August, we started our TRY commentary with the sentence 'USD/TRY breached the 41.0 level this week amidst media and policymaker commentary about positive developments on the economic front'. That was then.
Fxstreet
Tue, Oct 14
FOREX-U.S. China trade tensions send Aussie sliding 1%, boost safe havens
Markets turn risk off on fragile U.S.-China relationsAussie slides as investors flock to safe-havens, yen strenghtens Labour market data hurts sterling Cryptocurrencies extend declineBy Rae Wee and Alun John SINGAPORE/LONDON, Oct 14 (Reuters) - The Australian dollar tumbled on Tuesday, while the ...Reuters
Tue, Oct 14
NZD/USD extends losses below 0.5700 as Sino-US trade tensions flare up
The New Zealand Dollar is heading south against the USD for the sixth consecutive day on Tuesday. The pair extended losses below the 0.5700 line, weighed by the simmering trade tensions between the US and China, to hit fresh five-month lows at 0.5684.
Fxstreet
Tue, Oct 14
Sterling drops after UK data shows softer wage growth
LONDON, Oct 14 (Reuters) - Sterling fell on Tuesday after data showed growth in average British earnings slowed slightly in the three months to August, suggesting the Bank of England may be able to continue cutting interest rates, albeit at a very cautious pace. The pound was last down 0.5% against ...Reuters
Tue, Oct 14
EUR/GBP holds positive ground above 0.8700 after UK employment data
The EUR/GBP cross gathers strength near 0.8710 during the early European session on Tuesday. The Pound Sterling (GBP) weakens against the Euro (EUR) after the UK employment data. Traders will keep an eye on the Zew Survey from the Eurozone and Germany later on Tuesday.
Fxstreet
Tue, Oct 14
Sterling drops after UK data shows softer wage growth
LONDON, Oct 14 (Reuters) - Sterling dropped a touch on Tuesday after data showed growth in average British earnings slowed slightly in the three months to August, suggesting the Bank of England may be able to continue cutting interest rates, albeit very gradually. The pound was last down 0.2% on the...Reuters
Tue, Oct 14
