EUR/USD remains offered on concerns about France and a risk-off mood
The Euro depreciates for the third consecutive day, reaching levels near 1.1600. The political impasse in France keeps…
Read MoreAUD/USD slides further to near 0.6560 as US Dollar extends rally
AUD/USD gains to near 0.6560 as the US Dollar continues to outperform its peers. The US government enters…
Read MoreECB’s Escriva: We are at an appropriate level of interest rates, no need for further guidance
European Central Bank Governing Council member Jose Luis Escriva said on Wednesday,, “we are at an appropriate level of…
Read MoreECB’s Rehn: Will stick to meeting-by-meeting and data-driven approach
European Central Bank (ECB) policymaker Olli Rehn commented on the inflation and interest rate outlook in his speech…
Read MoreNew Zealand: RBNZ surprises with larger 50 bps rate cut in October – UOB Group
Earlier today (8 Oct), the Reserve Bank of New Zealand (RBNZ) decided to lower the Official Cash Rate…
Read MoreOPEC+ confirms November production hike of 137kbd – Société Générale
Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman confirmed on Sunday (in a 9-minute meeting with…
Read MoreImpact of U.S government shutdown on commodity reports – Société Générale
Since day one of the shutdown last Wednesday, U.S. governmental agencies have been announcing one after another that…
Read MoreCopper hits five-month high as supply disruptions deepen – ING
LME Copper prices extended the upward rally for a fourth straight session this morning, with prices moving above…
Read MoreEUR/USD consolidates losses, hit by France’s political uncertainty
The Euro plunges below 1.1700, approaching one-month lows at 1.1645. The resignation of France's Prime Minister sends the…
Read MoreEUR/GBP weakens as French political turmoil and ECB caution weigh on Euro
The Euro drops below 0.8690 support against the British Pound after the unexpected resignation of French Prime Minister…
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