Technical Forex News
USD/CHF extends gains, hits 10−day high
The Dollar continues to print fresh daily highs versus most rivals benefited by the risk aversion environment amid renewed concerns about Greece.
Majors
GBP/USD tries to settle on the 1.5900 psychological area
The GBP/USD has been plunging across the board this Tuesday in reaction to both the below consensus UK PMI data and the safe−haven rally in favor of the greenback.
Currencies
AUD/USD plunges on economic data and Europe
The RBA has cut its benchmark interest rate to 4.50%, from 4.75%. The movement was well anticipated by the market participants. The central bank also changed its stance to neutral.
Related Markets News
Stocks
Wall Street opens the week lower
US stocks fell in early trade Monday as a stronger Dollar weighed on commodity prices and equities while a lower−than−expected Chicago PMI reading also hurt sentiment. US stocks also followed European...
Metals
Gold struggles around $1,700 on stronger dollar, cautious trade seen ahead
Gold prices struggled to hold above the key $1,700 mark in Europe on Tuesday, extending yesterday's fall on a stronger US dollar, amid continued macroeconomic uncertainty. source :- fxstreet.com
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