
Currency snapshot (major pairs)
May 17, 2018 13:55 pm UTC| Commentary
Dollar index trading at 93.51 (+0.20%) Strength meter (today so far) Euro -0.20%, Franc -0.25%, Yen -0.33%, GBP -0.44% Strength meter (since last week) Euro -1.23%, Franc -0.37%, Yen -1.27%, GBP -0.30% EUR/USD...
Malaysian economic growth slows in Q1 2018, BNM likely to keep interest rates on hold through 2018
May 17, 2018 13:36 pm UTC| Commentary
The Malaysian economic growth moderated in the first quarter of this year. The GDP growth slowed to 5.4 percent year-on-year in the March quarter from 5.9 percent in the prior quarter. On a sequential basis, the economy...

FxWirePro: Upside correction in Natural gas is likely to continue further
May 17, 2018 13:26 pm UTC| Commentary
After finding support around $2.5 per MMBtu area twice since February, the price of natural gas has been creeping higher. It is currently trading at 2.78 per MMBtu. The $2.5 per MMBtu area has provided support to the...

FxWirePro Call Review: Is AUD/USD in a sell breakout?
May 17, 2018 12:50 pm UTC| Commentary
The above weekly chart of the AUD/USD clearly shows that Australian dollar has decisively broken below its rising range that has been in place since 2015. In the last to last week of April, it broke below the range instead...
Mexican central bank likely to keep rates unchanged for some time
May 17, 2018 12:32 pm UTC| Commentary
The central bank of Mexico is set to meet today for its policy rate decision. According to a Commerzbank research report, the Banxico is likely to stand pat today, keeping the key rate on hold at 7.50 percent. Inflation...

FxWirePro Call Review: Maintain short positions in Mexican Peso against USD; interim target added
May 17, 2018 12:23 pm UTC| Commentary
In April this year, in an article named, FxWirePro: Sell Mexican Peso against USD targeting 22 per dollar, available at https://www.econotimes.com/FxWirePro-Sell-Mexican-Peso-against-USD-targeting-22-per-dollar-1273958 we...

May 17, 2018 12:02 pm UTC| Commentary
Back in April this year, in an article named, FxWirePro: Sell U.S. Soybean with Short-term target of 990 cents per bushel, available at...