OctaFX

20 hours ago

Italy's Tria: Public finances are under control

Italian Economy Minister Tria recently crossed the wires saying that public finances were under control and the debt ratio was expected to fall (via R

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20 hours ago

EUR/NOK challenging session lows near 9.7200 on Brent gains

The decline in the Norwegian Krone appears to be losing some momentum on Wednesday, as EUR/NOK manages to drop to the area of 9.7200. EUR/NOK weaker

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20 hours ago

Wall Street opens higher ahead of Thanksgiving holiday

Boosted by the positive market sentiment and the recovery witnessed in global equity indexes, Wall Street started the day on a positive note on Wednes

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20 hours ago

USD/JPY Technical Analysis: The 113.00 level and 50-day simple moving average are acting as resistance

USD/JPY daily chart USD/JPY is challenging the 113.00 figure and the 50 SMA. USD/JPY 4-hour chart USD/JPY is currently trapped between the

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21 hours ago

EUR/USD fades the move to 1.1425, back near 1.1400

EUR/USD has now returned to the 1.1400 neighbourhood, shedding part of the earlier advance to session peaks near 1.1430. EUR/USD bid after US data T

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21 hours ago

China to contest US claims in intellectual property complaint at WTO meeting - Reuters

Citing a transcript, Reuters reported that China would contest the United States' 'false claims' in intellectual property complaints at a WTO meeting.

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21 hours ago

USD/CAD recovers toward 1.33 despite disappointing US data

After rising to its highest level since late June at 1.3316 earlier today, the USD/CAD pair reversed its course and fell to 1.3270. However, the pair

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21 hours ago

USD/CAD Technical Analysis: Bullish flag points to a possible move towards June monthly swing high

• The pair's intraday corrective slide from 4-1/2 month tops, touched overnight, has been along a short-term descending trend-channel on 15/30-min

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21 hours ago

Irish PM Varadkar: Government has made no plans for hard border

Irish Prime Minister Leo Varadkar is now crossing the wires, providing key quotes, via Reuters, found below. Government has made no plans for hard

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21 hours ago

INR to appreciate by around 10% against USD by end-2020 - Westpac

According to analysts at Westpac, INR still remains much weaker over the year as the past few months have indeed been a bit rocky in India, but recent

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21 hours ago

GBP/USD Technical Analysis: Remains capped at 100-hour SMA post-dismal US macro data

• The pair reversed an early dip to a session low level of 1.2772 and attempted a fresh move beyond the 1.2800 handle, albeit struggled to make it

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21 hours ago

EUR/USD Technical Analysis: Limited upside and limited downside in the New York session

EUR/USD 4-hour chart EUR/USD is trading in a bear trend below the 200-period simple moving average on the 4-hour chart. EUR/USD is attempting to

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21 hours ago

USD benefitting from US-based carry trade - TDS

According to Mark McCormick, North American Head of FX Strategy at TD Securities, the melting of risk appetite generated little follow-through, offeri

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21 hours ago

Canada: Wholesale sales declined 0.5% in September to $63.2 billion

"Wholesale sales declined for a second consecutive month, down 0.5% to $63.2 billion in September," Statistics Canada reported on Wednesday. Key high

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21 hours ago

AUD/USD jumps to fresh session tops, further beyond mid-0.7200s post-US data

• Renewed US-China trade optimism prompts some fresh buying. • Dismal US economic data adds to the USD weakness and remained supportive. The

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21 hours ago

US: Orders for durable goods in Oct. decreased 4.4% to $248.5 billion

"New orders for manufactured durable goods in October decreased $11.5 billion or 4.4 percent to $248.5 billion," the U.S. Census Bureau reported today

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21 hours ago

United States Durable Goods Orders ex Transportation came in at 0.1% below forecasts (0.4%) in October

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21 hours ago

US: Initial weekly jobless claims increased by 3,000 to 224,000

"In the week ending November 17, the advance figure for seasonally adjusted initial claims was 224,000, an increase of 3,000 from the previous week's

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21 hours ago

United States Durable Goods Orders registered at -4.4%, below expectations (-2.5%) in October

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21 hours ago

United States Continuing Jobless Claims came in at 1.668M, above forecasts (1.635M) in November 9

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