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EUR/USD – Euro Dips to 14-Week Low on Soft German Mfg. Report

November 7, 2017 Kenny Fisher 0

The euro has recorded losses in the Tuesday session. Currently, EUR/USD is trading at 1.1566, down 0.37% on the day. The pair remains under pressure, and has dropped to its lowest level since mid-July. On the release front, German Industrial Production plunged 1.6%, a sharper drop than the forecast of -0.7%. Eurozone consumer spending numbers […]

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I’m Back! Could Oil’s three-year bear run finally be over?

November 7, 2017 James Trescothick 0

Back at the end of October, US crude oil inventories hurt WTI oil once again as it came in higher than expected at 0.9 million barrels as opposed to the -2.6million barrels.   The fact of the matter…

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EM Asia Currencies Rebound

November 7, 2017 Stephen Innes 0

By Patturaja Murugaboopathy Nov 7 (Reuters) – Emerging Asian currencies rebounded on Tuesday as a dollar rally lost some steam on lower U.S. Treasury yields and investors were sceptical that the U.S. Congress will quickly pass a major tax bill. However, investors were wary of a possible escalation in political tensions that could affect the […]

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