FX News

Today's FXStreet Newswire

The latest news that can have the most noticeable market impact

9:10
November 22, 2019
Eurozone Preliminary Manufacturing PMI rises to 46.6 in November, EUR/USD tests 1.1050
Eurozone Manufacturing PMI arrives at 46.6 in November vs. 46.4 expected. Eurozone Services PMI arrives at 51.5 in November vs. 52.5 expected. The Eurozone manufacturing sector activity improves this month despite being in contraction, the latest manufacturing activity survey from IHS/Markit research showed. The Eurozone manufacturing purchasing managers index (PMI) came in at three-month highs of 46.6…
9:10
November 22, 2019
Upside pressure looks mitigated in EUR/USD – UOB
In opinion of FX Strategists at UOB Group, EUR/USD seems to have lost some upside pressure. Key Quotes 24-hour view: “While our view for EUR to “edge higher towards 1.1095” was correct (high of 1.1096), the subsequent sharp and swift pull-back from the top was not expected. The rapid decline appears to be running ahead…
9:00
November 22, 2019
EUR/USD should meet support in the 1.1040 region – Commerzbank
According to Karen Jones, Team Head FICC Technical Analysis at Commerzbank, dips in the pair are likely to meet contention in the 1.1040/45 band. Key Quotes “EUR/USD has started to erode the 55 day ma at 1.1087, but did not sustain the break. This slightly increases the risk of a retest of the 1.1180 recent…
9:00
November 22, 2019
China’s Xi: China, US should strengthen communication on strategic issues to avoid misjudgment
China’s President Xi Jinping is back on the wires now, via Reuters, noting that China and the US should strengthen communication on strategic issues to avoid misjudgment. China’s Pres. Xi: Wants to work out phase one trade deal with US, but not afraid of a trade war China’s Wang urges US to meet China halfway
8:50
November 22, 2019
EUR/USD moves to daily highs beyond 1.1080
EUR/USD picks up pace on Friday and tests 1.1086. German November flash manufacturing PMI came in at 45.7. C.Lagarde said the ECB remains vigilant on its policies. The shared currency has regained some poise at the end of the week and is now lifting EUR/USD to the area of daily highs in the 1.1075/80 band….
8:40
November 22, 2019
ECB’s Lagarde: We face a global environment that is marked by uncertainty
While delivering a key note address at the European Banking Congress, in Frankfurt, on Friday, the new European Central Bank (ECB) President Lagarde said: “We face a global environment that is marked by uncertainty”. Two main challenges in the global economy today, the first relates to the changing nature of world trade. There are also…