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Today's Forex Buz Word Major Currency Pairs Forex News 

TODAY’S FOREX BUZWORD MAJOR CURRENCY PAIR 2.24.17

TODAY’S FOREX BUZWORD MAJOR CURRENCY PAIR 2.24.17 A DAILY SOCIAL TRADING EVENT Buz Investors MAJOR CURRENCY PAIR 2.24.17 This morning, the greenback is trading lower against most of the major currencies, ahead of the US final Reuters/Michigan consumer confidence index and new home sales data, scheduled to release in a few hours. The EUR is trading higher against the USD. On the economic front, Italy’s consumer confidence declined for the second consecutive month in February, whereas business confidence notched its highest level since January 2016 in the same month. The GBP is…

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GBPUSD Pound Jumps to 1.25, Markets Eye Autumn Forex News 

$GBPUSD Edges Lower as Next Level of Resistance is Tested

GBPUSD Edges Lower as Next Level of Resistance is Tested GBPUSD Buz Investors GBPUSD Edges Lower At 10:40 GMT, the pair is trading at 1.2546, with the Pound trading 0.06% lower against US Dollar from the New York close. Earlier today, data showed that UK’s BBA mortgage approvals unexpectedly climbed in January. The pair witnessed a high of 1.2570 and a low of 1.2522 during the session. Yesterday, the Pound traded 0.5% higher against the US Dollar in the New York session and ended at 1.2554. Immediate downside, the first support…

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Buz Investors EURUSD Marginally Higher A very light economic calendar and some easing political concerns are resulting in a modest gain in EUR/USD in today’s trading. The pair is currently at 1.0619, up 0.10% over Friday’s close. Forex News 

$EURUSD returns to the neutral bias

EURUSD returns to the neutral bias EURUSD Buz Investors neutral bias This morning at 10:40 GMT, the EUR is trading at 1.0590 against the USD, 0.1% higher from the New York close. In economic news, data indicated that French consumer confidence index remained steady in February. This morning, the pair traded at a high of 1.0603 and a low of 1.0568. The Euro traded 0.14% higher against the US Dollar in the New York session yesterday, with the pair closing the session at 1.0579. The pair is expected to its…

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USDJPY Yen Steady Ahead of US Housing, Manufacturing Reports Forex News 

$USDJPY Breaks Support

USDJPY Breaks Support USDJPY Buz Investors Breaks Support This morning, at 10:40 GMT, the US Dollar is trading at 112.33 against the Yen, 0.21% lower from the New York close. Next week, traders will focus on Japan’s crucial jobs report and the consumer price index, to get better insights into the nation’s economy. During the session, the pair traded at a high of 112.95 and a low of 112.28. Yesterday, the US Dollar traded 0.21% lower against the Yen in the New York session and ended at 112.57. The pair…

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USDCHF Clawing Back Following Monday’s Break Forex News 

USDCHF remains neutral for the moment.

USDCHF remains neutral for the moment. USDCHF Buz Investors  USDCHF remains neutral The US Dollar is trading at 1.0056 against the Swiss Franc at 10:40 GMT this morning, marginally lower from the New York close. Moving ahead, Switzerland’s 4Q GDP data, slated to release next week, will generate a significant amount of market attention. The pair traded at a high of 1.0074 and a low of 1.0042 this morning. Yesterday, the USD traded 0.27% lower against the CHF in the New York session and ended at 1.0060. The pair is expected…

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USDCAD Trump Shock Pushes Canadian Dollar Down Forex News 

$USDCAD Canadian Dollar Steady Ahead of Canadian CPI

USDCAD Canadian Dollar Steady Ahead of Canadian CPI USDCAD Buz Investors Canadian Dollar Steady Ahead The pair is trading at 1.3091 at 10:40 GMT this morning, with the USD trading 0.09% lower against CAD from the New York close. Going ahead, market participants will look forward to Canada’s inflation numbers, scheduled to release in a few hours. The pair traded at a high of 1.3118 and a low of 1.3075 this morning. The US Dollar declined against the Canadian Dollar in the New York session yesterday, closing 0.09% lower at…

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AUDUSD flirting with 2-month lows Forex News 

AUDUSD Trading with Modest Gain in Volatile Session

AUDUSD Trading with Modest Gain in Volatile Session AUDUSD Buz Investors Volatile Session The pair is trading at 0.7704 at 10:40 GMT this morning, with the Australian Dollar trading 0.12% lower against US Dollar from the New York close. This morning, the pair traded at a high of 0.7720 and a low of 0.7695. The Australian Dollar traded 0.1% lower against the US Dollar in the New York session yesterday, with the pair closing the session at 0.7713. The pair is expected to its find support at 0.7678 and its…

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Buz Investors UK BBA mortgage approvals UK mortgage approvals increased to a one-year high in January, the British Bankers' Association said Friday. Forex News 

UK BBA mortgage approvals unexpectedly rose in January

UK BBA mortgage approvals unexpectedly rose in January Buz Investors UK BBA mortgage approvals UK mortgage approvals increased to a one-year high in January, the British Bankers’ Association said Friday. The number of mortgage approvals rose to 44,657 in January from 43,581 in the prior month. This was the highest since January 2016, when approvals totaled 45,794. Gross mortgage borrowing of GBP 13.8 billion in January was 6.3 percent higher than in January 2016. Net mortgage borrowing was 2.4 percent higher in January than a year ago.    Other Stories…

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Buz Investors French consumer confidence steadied Consumer confidence in France stood at 100 in February of 2017, the same as in January and in line with markets consensus. Forex News 

French consumer confidence steadied in February

French consumer confidence steadied in February Buz Investors French consumer confidence steadied Consumer confidence in France stood at 100 in February of 2017, the same as in January and in line with markets consensus. Confidence remained at the highest level since October 2007, as concerns over unemployment (20 from 19 in the prior month) and households’ opinion on their personal financial situation in the next twelve months (-6 from -5) were virtually stable while their saving intention for the coming year improved markedly (-2 from -6). At the same time,…

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Buz Investors Italian business confidence Italy's manufacturing confidence went up to 106.3 in February 2017 from an upwardly revised 105 in the previous month and better than market expectations of 105. Forex News 

Italian business confidence index surprisingly advanced in February

Italian business confidence index surprisingly advanced in February Buz Investors Italian business confidence Italy’s manufacturing confidence went up to 106.3 in February 2017 from an upwardly revised 105 in the previous month and better than market expectations of 105. It was the highest reading since February 2008, due to an improvement in assessments on order books (-6 from -10 in January) and in the balance on inventories (4 from 3), while production expectations fell slightly (12 from 13). Also, the composite business morale index, combining surveys of the manufacturing, retail,…

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