
FxWirePro: Gold tests key down-trend line with three consecutive weekly increase
Jul 27, 2017 06:58 am UTC| Commentary
The yellow metal has reached the highest level in six weeks, as the weaker dollar continues to provide crucial support. Gold is currently trading at $1263 per troy ounce, which is the highest level since the mid of...
EUR/USD likely to witness some resistance should it breach 1.20 mark, says ANZ Research
Jul 27, 2017 06:58 am UTC| Commentary Economy
The current discouraging blend of political uncertainty and receding interest rate expectations in the US have contributed to the dollars sell-off. The euro areas financial conditions remain very accommodative, suggesting...
New Zealand bonds jump at close after Fed delivers slightly dovish policy statement
Jul 27, 2017 06:01 am UTC| Commentary Economy
The New Zealand bonds jumped at the time of closing Thursday as the market received a lift after seeing U.S. Treasuries gain on a slightly dovish Federal Reserve policy meeting statement. At the time of closing, the...
Asian markets in green after Fed rate decision, gold rises around 1 percent
Jul 27, 2017 05:08 am UTC| Commentary
All the major Asian indices were trading on a higher note on Thursday. Yesterday FOMC kept interest rate steady. Gold was trading around $1,263 mark while silver was trading around $16.70 mark. Japans Nikkei was trading...
FxWirePro: The Day Ahead- 27th July 2017
Jul 27, 2017 05:01 am UTC| Commentary
Not many economic data and events scheduled for today but some with high volatility risks associated. Data released so far: Australia: Second quarter import price declined by 0.1 percent, while export price...
JGBs climb following the Fed’s dovish tone; investors eye June CPI, retail sales
Jul 27, 2017 04:44 am UTC| Commentary Economy
The Japanese bonds climbed Thursday, following the overnight rise in U.S. bond prices after the Federal Reserve maintained a relatively dovish tone in its monetary policy statement, released yesterday. Also, investors are...
Australian bonds jump tracking strength in U.S. Treasuries post slightly dovish Fed statement
Jul 27, 2017 04:11 am UTC| Commentary Economy
The Australian bonds jumped Thursday, tracking strength in the U.S. counterpart after the Federal Reserve delivered a slightly dovish statement in its meeting concluded late Wednesday, signalling that it is ready to...