| Commentary

Become a contributor

Bookmark Econotimes

| Commentary

Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

Reserve Bank of India likely to stand pat in December

U.S. existing home sales rise above expectations in October

Philippine central bank keeps interest rate unchanged at 2 pct

Swiss franc likely to gradually depreciate against euro in coming months

U.S. Q3 economic growth unrevised in second estimate

United States building permits

U.S. weekly jobless claims unexpectedly decrease

U.S. personal income and spending rose less than expected in August

Canada's economy shows growth in July, but growth stalled in

FxWirePro: Daily Commodity Tracker - 21st March, 2022

Malaysian headline inflation falls further in October, likely to remain negative in 2020

Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

Australian economic growth recovers strongly in Q3 2020

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

U.S. House prices increase slightly in July

©Econometrics LLC . All Rights Reserved.

FX Market Review

Wednesday, June 24, 2015 7:05 AM UTC

EUR/USD: 1.1155 - 1.1209 overnight range. Spot pops back over 1.12 in Asia before IFO and Greece meetings. Beware of another break lower if equities extend gains (inverse correlation spot/stocks). 2wk EUR puts/USD calls cheapen to 1.1350.

USD/JPY: 123.76 - 124.11 overnight range. Spot trades over 124.00 on 19y high for the Nikkei (close to 21k, on reported strong domestic buying), and dollar bid on comments by FOMC voter Powell. Resistance 124.50. EUR/JPY flirting with 139.0.

GBP/USD: 1.5724 - 1.5763 overnight range. Cable bid in Asia after two consecutive down days, hawkish FT interview by MPC's Weale offers support. Res 1.5790. Door open for a return to 0.7014 for EUR/GBP if 0.7055 gives way.

AUD/USD: 0.7713 - 0.7727 overnight range. Spot has defied a decisive break below 0.77 handle barring a brief dip yesterday. Carry demand amid low volatility cited for the resilience but the bias remains for a break lower. Supp below 0.77 at 0.7650.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

U.S.–Russia Talks in Florida Raise Hopes but Reveal Deep Divides Over Ukraine War

Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

Roche CEO Warns US Drug Price Deals Could Raise Costs of New Medicines in Switzerland

Ukraine Signals Support for U.S.-Led Three-Sided Talks With Russia to Boost Peace Efforts

Lula Warns Against Military Action in Venezuela as U.S. Pressure Mounts

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FX Market Review

Editor's Picks

Welcome to EconoTimes