Aug 27: risk-off sentiment

August 27, 2013

EUR/USD is quietly trading in the $1.3360/90 range, now staying flat at $1.3370. The only and main release in the EZ today will be the German Ifo business climate at 8:00 GMT (the index is expected to improve). GBP/USD moved a little higher to $1.5590 before returning to $1.5560. USD/CAD strengthened to 1.0525.

Asian stocks fell amid a freefall in the currencies of India and Indonesia, and as tensions in Syria escalated. USD/JPY had slid almost to 98.00 earlier today. Then the pair tried to recover, but got capped by 98.40. Yen strengthened as investors increased demand for it as a safe haven. USD/CHF is consolidating above the support at 0.9200. AUD/USD fell to $0.8960. Australia’s dollar declined as volatility headed for the highest close in six weeks, damping demand for the currency. NZD/USD dropped back to the levels just above $0.7800.

Publication source
FBS information  FBS reviews

January 16, 2017
U.S. markets are closed Monday
U.S. markets are closed Monday for Martin Luther King Day. This will be a busy week for traders, with the inauguration of president-elect Trump on Friday headlining...
January 16, 2017
Busy start to the GBP with Carney speech
U.S. markets are closed today on account of Martin Luther King Day. Economic data is quiet ahead of another busy week. The Bank of England Governor, Mark Carney will be speaking later this afternoon and his comments come a day before the British PM Theresa May will be holding her press conference on Brexit...
January 13, 2017
The dollar is trading softer into the London open
Aftershocks from President-elect Trump’s campaign-like press conference, which had weighed on global stock markets and yields started to recede late in the U.S. session and U.S. equities managed to recover part of their losses...

OctaFX Rating
Larson&Holz IT Ltd Rating
 FXTM Rating
NPBFX Rating
Fort Financial Services Rating
Trade360 Rating

365BinaryOption Rating
Grand Option Rating
EZTrader Rating
TopOption Rating
TropicalTrade Rating
24option Rating