Currency snapshot (major pairs)

Aug 30, 2018 13:04 pm UTC| Commentary

Dollar index trading at 94.63 (+0.03%) Strength meter (today so far) Euro -0.15%, Franc +0.07%, Yen +0.29%, GBP -0.06% Strength meter (since last week) Euro +0.62%, Franc +1.32%, Yen -0.14%, GBP +1.50% EUR/USD...

FxWirePro: Lira bears aiming for 7.5 per USD

Aug 30, 2018 12:41 pm UTC| Commentary

While the dollar has weakened against its major trading partners (dollar index down 2.2 percent from peak to 94.6 as of today), it has strengthened against many of its emerging market currencies, such as the Turkish...

Swedish wages rise slightly below expectations in June

Aug 30, 2018 12:37 pm UTC| Commentary

Swedish wages rose slightly below expectations in June. The Swedish Mediation Office estimate showed that the wages in Sweden rose 2.6 percent year-on-year, as compared with expectations of 2.7 percent. Furthermore,...

FxWirePro: Further 2-2.5 percent decline in Dollar index likely in coming weeks

Aug 30, 2018 11:57 am UTC| Commentary

The Dollar index has been weakening over the past weeks or so, as it declined from 96.7 area in mid-August to 94.6 area as of today and based on the latest calculations, we at FxWirePro expect a further 2-2.5 percent...

Norwegian retail sales rise mildly in July, likely to rebound in August

Aug 30, 2018 11:41 am UTC| Commentary

Norwegian retail sales rose in July; however, it continues to be weak due to summer weather. On a sequential basis, retail sales were up 0.7 percent in July, as compared with consensus expectation of a rise of 1 percent....

Cryptocurrency Brief: Bitcoin, Altcoins suffer as EU prepares for tighter crypto regulations, Yahoo Finance launches trading support, Litecoin Summit scheduled on September 14-15 – Thursday, August 30th, 2018

Aug 30, 2018 11:03 am UTC| Commentary Digital Currency Market Roundups Economy

BTC/USD: Bitcoin again started to slide during European session Thursday as investors changed side to engage in a sell-off, after making a move to cross the $7,000 mark and is currently hovering tad below the psychological...

Australian private capital spending falls in Q2, outlook for 2018-2019 weak

Aug 30, 2018 10:59 am UTC| Commentary

The Australian CAPEX report came in soft in the second quarter, and the fall in plant and equipment spending might be a drag on the second quarter GDP data. The outlook for 2018-2019 is also slightly weaker than expected,...