Noticias Forex

USD/CHF gained traction for the fifth consecutive session on Thursday and shot to fresh two-month tops around 0.9270. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, sees the pair inching higher heading to the six-month downtrend at 0.9446. Key quotes “USD/CHF continues to work higher and remains on course for the 38.2% retracement…

France's Europe Minister Clément Beaune called the UK warnings about the post-Brexit transport delays as tactical posturing, Reuters reports, citing the Financial Times interview. Key quotes “Of course, the signals that have been sent in the past few days are damaging.” “We won’t fall for a kind of intimidation at the European level.” 

Here is what you need to know on Friday, September 25: The US dollar held steady, following the retracement from two-month highs, as persistently higher US Jobless Claims offset optimism over a likely US fiscal stimulus deal. Also, a mixed message from the US Federal Reserve (Fed) policymakers on the inflation and employment front left investors in a…

Traders trimmed their open interest positions by nearly 9K contracts on Thursday in light of advanced figures from CME Group. Volume followed suit and shrunk by around 138.2K contracts. Natural Gas could retest the 200-day SMA near $1.93/MMBtu Prices of Natural Gas clinched multi-day highs beyond $2.30 per MMBtu on Thursday. The positive performance of…

Further downside in AUD/USD is probable and faces important contention in the 0.6970 area, noted FX Strategists at UOB Group. Key Quotes 24-hour view: “We expected AUD to weaken yesterday but held the view that ‘0.7030 is expected to offer solid support’. The support did not materialize as AUD dropped to a low of 0.7016…

CME Group’s flash data for crude oil futures markets noted open interest went up for the third session in a row on Thursday, this time by around 5.6K contracts. On the other hand, volume keeps the choppy activity well and sound and went decreased by around 77.3K contracts. WTI now looks to $41.50 very near-term…

Cable is seen attempting a consolidation move ahead of a potential drop to the. Mid-1.2600s, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “We highlighted yesterday that GBP ‘could drift downwards but any weakness is viewed as part of lower trading range of 1.2650/1.2760’. Our expectation did not materialize as GBP traded in…

The US Justice Department early Friday ordered a San Francisco federal judge to allow the government to ban Apple Inc and Google from offering WeChat for download in app stores pending an appeal, Reuters reports, citing the filing. Key quotes “The filing asked US Magistrate Judge Laurel Beeler in San Francisco to put on hold her preliminary…