Forex Diamond

GBP/USD eyes highs around 1.3160

The British Pound is now extending its rally, pushing GBP/USD higher to the area of fresh tops near 1.3160. GBP/USD bid post-data Cable gathered extra steam after...

GBP/USD eyes UK retail sales, will it end the week on a positive note?

UK data due today is expected to show  retail sales volumes only edged up 0.9% month-on-month in January, causing the year-on-year increase to moderate to 3.4%% from...

WTI eases from fresh 2-1/5 year tops ahead of OPEC, API report

Consolidates the latest leg higher USD buying remains unabated Saudi Arabia’s crackdown reports underpin US API crude inventory and OPEC reports in focus. WTI (oil futures...

NZD being driven by weaker USD

The NZD bulls appear to remain unimpressed by the optimistic comments from NZ finance minister Joyce, as he continues to make a speech on the economic outlook....

looking at IMF financing with small amount, for one year

Speaking to reporters on Wednesday, Greek government spokesman Tzanakopoulos was noted saying that Greece won't need new fiscal measures for 2018 Key quotes:    •   creditor...

USD/CNY fix projection: 6.8620 from 6.8806 – Nomura

Analysts at Nomura offered their projections for today's USD/CNY fix. Key Quotes: "Our model1 projects the fix to be 186 pips lower than the previous fix (6.8620 from 6.8806)...

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