Intraday Charts Update: Short-Term Channels for AUD/NZD and EUR/AUD

Apr 24 10:35am BabyPips.com
Yo! Let's start this week's intraday charts update with an Aussie + channel pattern double special, with a descending channel for AUD/NZD and an ascending channel for EUR/AUD. Continue reading → The post Intraday Charts Update: Short-Term Channels for AUD/NZD and EUR/AUD appeared first on BabyPips.com.
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London Session Recap: CAD Outperforms in Steady Trading Session

Apr 24 8:30am BabyPips.com
Today's morning London session was apparently a consolidation period, since most currency pairs ended up trading sideways. The Loonie was on the move, though, and easily gave its peers a good stomping. Continue reading → The post London Session Recap: CAD Outperforms in Steady Trading Session appeared first on BabyPips.com.
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US Session Technical Analysis April 24th

Apr 24 8:30am Vladimir Ribakov
Hi Traders! US Session technical analysis April 24th is here. A new trading week has started and Its time to analyze the changes that occurred in the market and find the good possible setups it has created for us. My analysis of some of the important currency pairs are as follows: Due to the French elections on Sunday, many of the pairs opened with a Gap. We are going to follow the technical analysis but keep in mind, many of the pairs might go and try to “close” the gap. EURUSD H4 Chart: In this pair the price has opened The post US Session Technical Analysis April 24th appeared first on Vladimir Ribakov.
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German Business Sentiment Strongest Since 2011

Apr 24 8:22am RTT - Forex Top Story
Germany's business confidence improved to a near six-year high in April as companies were more upbeat about their current situation. The business confidence index rose to 112.9 from a revised 112.4 in March, survey data from the Munich-based Ifo institute revealed Monday.
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CRUDE OIL: Vulnerable, Retains Bearish Bias

Apr 24 8:08am FXTechstrategy
CRUDE OIL: The commodity looks to weaken further after selling off the past week. On the downside, support resides at the 49.00 level where a break will expose the 48.00 level. A cut through here will set the stage for a run at the 47.50 level. Further down, support resides at the 47.00 level. On the upside, resistance resides at the 50.00 level.Continue reading...
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Weekly Market Forecast April 24th 2017

Apr 24 5:49am Vladimir Ribakov
Hi Traders! Weekly Market Forecast April 24th 2017 is here. I hope you had wonderful weekend and you are ready for this week. I post my weekly video later this week due to the elections in France. You can watch it all here – Fundamental Overview: Europe is likely to set the tone for global financial markets this week, with the French presidential election and European Central Bank policy meeting on investors’ minds. Elsewhere, key U.S. economic reports this week should provide further evidence if the world’s largest economy is strong enough to withstand higher borrowing costs in the months ahead, The post Weekly Market Forecast April 24th 2017 appeared first on Vladimir Ribakov.
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Good USDJPY Buy Idea After the Bearish Cycle

Apr 24 5:33am Vladimir Ribakov
Hi Traders! We have a good USDJPY buy idea forming. USDJPY Daily Chart: The target of the daily bearish cycle which completed itself is yet to be reached and we can still look for buys. The small range in which the price was trading, got broken up, creating bullish momentum.   USDJPY H1 Chart: I expect this bullish momentum to continue and here is my plan to join. I’m waiting for correction towards 109.20 zone. That would be the H1 161.8\% Fibonacci expansion of the H1 potential cycle that could form. This is also where the gap that formed during The post Good USDJPY Buy Idea After the Bearish Cycle appeared first on Vladimir Ribakov.
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What to Expect for the Next Round of the French Elections

Apr 24 4:58am BabyPips.com
The numbers are in and Macron and Le Pen will be battling it out! With less than a couple of weeks to go before the next round of the French elections, I've rounded up the things you gotta remember if you're planning on trading the runoff on May 7. Continue reading → The post What to Expect for the Next Round of the French Elections appeared first on BabyPips.com.
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Weekly Trading Prep (April 24 28, 2017)

Apr 24 4:50am BabyPips.com
Talk about starting the week with a bang! Not only do we have interesting inflection points on the charts this week, but we also have FOUR potential catalysts that might move the major dollar pairs! Continue reading → The post Weekly Trading Prep (April 24 – 28, 2017) appeared first on BabyPips.com.
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Worst Forex Indicator/Tool Ever

Apr 24 4:33am Forex Blog
Each trader has his or her own best trading tool — be it a simple moving average or a complex system that combines volume, market sentiment indicators, and Elliott Wave count done on Fibonacci numbers. It seems that Forex traders favor the simpler methods. The more straightforward the indicator …...
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German IFO Business Climate beats with 112.9 EUR/USD ticks higher

Apr 24 4:00am Forex Crunch
Business confidence is rising in Germany: 112.9 in the IFO Business Climate. The Expectations component is a bit lower with 105.2. Is this due to the fear of the French elections ahead of the vote? The survey was held before yesterday’s vote. In any case, the current situation is positive with 121.1 points. There were also some [...] The post German IFO Business Climate beats with 112.9 – EUR/USD ticks higher appeared first on Forex Crunch.
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CAD: Canada Outperformer, CAD Underperformer: Where To Target? CIBC

Apr 24 3:30am Forex Crunch
Canadian figures have been encouraging, but the Canadian dollar has not really enjoyed the fruits. What’s going on? Here is the view from CIBC: Here is their view, courtesy of eFXnews: CIBC FX Strategy Research notes that the turnaround in Canada’s economy over the past six months or so has been pretty impressive, as Canadian GDP [...] The post CAD: Canada Outperformer, CAD Underperformer: Where To Target? – CIBC appeared first on Forex Crunch.
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Euro Hits Five-months High as Macron and Le Pen Advance to Round Two of French Election

Apr 24 3:11am Forex.Info
Voters in France rebuked traditional mainstream parties on Sunday by endorsing independent Emmanuel Macron and the National Front’s Marine Le Pen, setting the stage for a high-stakes run-off vote in two weeks’ time. With nearly 90\% of the... The post Euro Hits Five-months High as Macron and Le Pen Advance to Round Two of French Election appeared first on Forex.Info.
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EUR/USD in hangover mode after the French elections

Apr 24 3:10am Forex Crunch
EUR/USD is trading at 1.08037 in the morning after Macron topped the first round of the French elections. The mainstream candidate is expected to beat extreme-right Le Pen in the second round by a wide margin. Opinion polls for the second round have already been released and they project Macron to win 60\% of the vote. [...] The post EUR/USD in hangover mode after the French elections appeared first on Forex Crunch.
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Sterling soars as Theresa May calls snap general election

Apr 24 3:04am Forex.Info
British Prime Minister Theresa May surprised financial markets this week as she called for an early general election on 8 June. Mrs May came under some scrutiny for calling the general election as she had previously said there... The post Sterling soars as Theresa May calls snap general election appeared first on Forex.Info.
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GBP/USD: the short squeeze finally came, but the road is bumpy [Video]

Apr 24 3:00am Forex Crunch
May’s smart political move is an opportunity to get rid of opponents from without and mostly from within, at a perfect timing. She will not be wasting Brexit negotiation time and markets are hopeful for a soft-Brexit pivot after June 8th. BOE Governor Mark Carney may also release a sigh of relief as the stronger [...] The post GBP/USD: the short squeeze finally came, but the road is bumpy [Video] appeared first on Forex Crunch.
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EURUSD to 1.09 while Stocks Surge 2% after French Elections

Apr 24 2:59am Forex.Info
In France, Emmanuel Macron (independent) and Marine Le Pen (Far right) have come out as the 2 leading candidates of the first round of the presidential elections. The Second round will take place on May 7th with Polls... The post EURUSD to 1.09 while Stocks Surge 2\% after French Elections appeared first on Forex.Info.
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Asian Session Recap: French Election Relief Inspires Weekend Gaps

Apr 24 2:24am BabyPips.com
Thanks to a combination of Macron lead in France's first round of Presidential elections, low liquidity, and a bit of short squeeze, the euro ended up on top during the Asian session. Here's what's up! Continue reading → The post Asian Session Recap: French Election Relief Inspires Weekend Gaps appeared first on BabyPips.com.
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Euro Rises After French Election

Apr 24 2:14am RTT - Currency Markets
The euro strengthened against the other major currencies in the Asian session on Monday, as investors reacted positively to the outcome of the first round of the French presidential elections that came in on expected lines erasing fears that the country may leave the European union.
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EUR: A Victory For French Opinion Polls NAB

Apr 24 1:54am Forex Crunch
Macron won the first round and will meet Le Pen. The market favorite helps the euro. What should we look out for next? Here is their view, courtesy of eFXnews: NAB FX Strategy Research notes that comments on the latest results of the first round of voting in the French presidential election which showed certainty of a [...] The post EUR: A Victory For French Opinion Polls – NAB appeared first on Forex Crunch.
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European Economics Preview: Germany Ifo Business Confidence Data Due

Apr 24 1:45am RTT - Forex Top Story
Business confidence survey data from Germany is due on Monday, headlining a light day for the European economic news.
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Weekly Watch: April 24 28, 2017

Apr 23 11:07pm BabyPips.com
It looks like the first round of French elections caused quite a ruckus for the European currencies and the yen early on this week! Here are the setups I'm keeping my one good eye on. Continue reading → The post Weekly Watch: April 24 – 28, 2017 appeared first on BabyPips.com.
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Comdoll Trading Kit (Apr. 24-28, 2017): Market Preview

Apr 23 10:05pm BabyPips.com
Market sentiment seems to be tossing and turning these days, so I'm zooming in to the short-term charts of AUD/USD, NZD/USD, and USD/CAD to spot potential breakouts with this week's lineup of catalysts. Continue reading → The post Comdoll Trading Kit (Apr. 24-28, 2017): Market Preview appeared first on BabyPips.com.
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Chart Art: Trend and Retracement Plays on EUR/USD and GBP/AUD

Apr 23 9:17pm BabyPips.com
Up and at 'em, forex brothas! Time to get busy with these hot and fantastic forex trend plays on EUR/USD and GBP/AUD. Check 'em while they're hot! Continue reading → The post Chart Art: Trend and Retracement Plays on EUR/USD and GBP/AUD appeared first on BabyPips.com.
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EUR/USD levels to watch after the favorable first French round

Apr 23 5:17pm Forex Crunch
Market favorite Macron is now leading the real vote as well as the exit polls. As the centrist cements his lead, it is time to look at the bigger picture for the common currency. EUR/USD is already reacting positively in early trading. The pair is trading just above 1.09 as trading volume remains thin. It [...] The post EUR/USD levels to watch after the favorable first French round appeared first on Forex Crunch.
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Macron vs. Le Pen looks evident on real votes EUR/USD shooting higher

Apr 23 4:00pm Forex Crunch
Two hours after voting has closed and the projections first leaked by the Belgian press and then by exit polls looks real. The run-off on May 7th will see centrist Emmanuel Macron vs. extreme-right Marine Le Pen. EUR/USD was shooting higher in very early trading above 1.09. Now we already have more trading desks open, and the pair continues [...] The post Macron vs. Le Pen looks evident on real votes – EUR/USD shooting higher appeared first on Forex Crunch.
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Forex Brokers Update April 23rd, 2017

Apr 23 3:43pm Forex Blog
There were no new brokers this week, but we have some updates to report: Whaleclub now accepts deposits and withdrawal requests in Dash cryptocurrency. IFC Markets is now regulated by CySEC. Added rebates and updated VIP conditions. JFD Brokers now works with …...
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EUR/USD at 5-month high despite real results showing Le Pen leading

Apr 23 3:11pm Forex Crunch
Votes are being counted in France and they show extreme-right candidate Le Pen is leading with over 25\%, with Macron behind with 21\%. This is the opposite of the exit polls, which put Macron on top. Update: Update: after counting 20 million votes, Le Pen still leads but the gap is smaller: 24.4\% against Macron with 22.2\%. Fillon is [...] The post EUR/USD at 5-month high despite real results showing Le Pen leading appeared first on Forex Crunch.
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EUR/USD already jumping to 1.09 on French exit polls

Apr 23 2:22pm Forex Crunch
Exit polls in France show Macron winning the first round with Le Pen accompanying him in the second place. Other candidates are behind with 19.5\% each. While Le Pen could surpass Macron, it is hard to see any of the candidates in third place pushing Macron out of the second round. We reported that EUR/USD should [...] The post EUR/USD already jumping to 1.09 on French exit polls appeared first on Forex Crunch.
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French exit polls: Macron wins first round 23.7%, Le Pen 21.7% EUR/USD should rise

Apr 23 2:00pm Forex Crunch
According to the exit polls, Macron leads with 23.7\%, Le Pen with 21\%. Well behind, Fillon and Melenchon are tied with 19.5\%. French exit polls are relatively reliable as they use real data. It seems that neither Fillon nor Melenchon can beat Macron and push him out of the second round. Le Pen could eventually surpass Macron: 2\% is not [...] The post French exit polls: Macron wins first round 23.7\%, Le Pen 21.7\% – EUR/USD should rise appeared first on Forex Crunch.
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GBP/USD Forecast April 24-28

Apr 23 1:41pm Forex Crunch
GBP/USD enjoyed its strongest weekly gain in 2017, gaining 270 points. The pair closed the week at the 1.28 level. This week’s key event is Preliminary GDP. Here is an outlook for the highlights of this week and an updated technical analysis for GBP/USD.   The pound jumped sharply as Prime Minister May shocked the markets by calling a [...] The post GBP/USD Forecast April 24-28 appeared first on Forex Crunch.
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Exit polls show Macron with a clear lead Belgian media

Apr 23 12:56pm Forex Crunch
According to a report in the Belgian television, exit polls show Macron with 24\% and Le Pen with 22\% making it to the second round. Fillon is third with 20.5\% and Melenchon with 18\%. This is similar to the last opinion polls published on Friday. Update: Belgian paper L’Eco states that Emmanuel Macron is the clear leader with [...] The post Exit polls show Macron with a clear lead – Belgian media appeared first on Forex Crunch.
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USD/CAD Forecast April 24-28

Apr 23 11:39am Forex Crunch
USD/CAD reversed directions last week and posted a sharp gain of 170 points. The pair closed the week at 1.3481. This week’s key events are retail sales reports and GDP. Here is an outlook on the major market- movers and an updated technical analysis for USD/CAD. Last week’s US data was soft. Construction numbers were mixed and manufacturing and [...] The post USD/CAD Forecast April 24-28 appeared first on Forex Crunch.
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French elections turnout 69.4% at 15:00 GMT below 2012 but still strong

Apr 23 11:00am Forex Crunch
69.42\% of French voters have cast their votes at 17:00 local time, 15:00 GMT. Turnout stood at 70.6\% in 2012, 73.9\% in 2007 and 58.5 in 2002. The turnout can be interpreted in either way. Expectations were for a low turnout, something that would have supported the right. Both Le Pen and Fillon enjoy solid bases, [...] The post French elections turnout 69.4\% at 15:00 GMT – below 2012 but still strong appeared first on Forex Crunch.
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USD/JPY Forecast April 24-28

Apr 23 10:16am Forex Crunch
The yen reversed directions last week and posted slight losses. USD/JPY closed the week at 108.88. This week’s highlights are the BoJ Rate Statement and Household Spending. Here is an outlook for the highlights of this week and an updated technical analysis for USD/JPY. In the US, last week’s readings were lukewarm. Housing numbers were mixed and manufacturing and [...] The post USD/JPY Forecast April 24-28 appeared first on Forex Crunch.
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French fate and British snaps MM #141

Apr 23 8:42am Forex Crunch
We are back from the vacation just in time for the biggest political event of 2017: the French elections. We look at the potential market reactions and the probabilities of the various scenarios. We cross the channel for more election news from the UK and discuss the impact on the pound before previewing a busy week. [...] The post French fate and British snaps – MM #141 appeared first on Forex Crunch.
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The week ahead: Hard reality for the US and UK economies? [Video]

Apr 23 7:44am Forex Crunch
The last week of April starts with the echoes from the French elections and continues with key economic data. A rate decision in Japan precedes the first GDP releases from the UK and the US. As voters are getting ready in Britain, will they finally see some of the negative effects of Brexit? In the [...] The post The week ahead: Hard reality for the US and UK economies? [Video] appeared first on Forex Crunch.
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EURUSD: Recovers, Threatens Further Upside Pressure

Apr 23 7:27am FXTechstrategy
EURUSD: With the pair retaining its upside pressure, more strength is expected. Resistance comes in at 1.0750 level with a cut through here opening the door for more upside towards the 1.0800 level. Further up, resistance lies at the 1.0850 level where a break will expose the 1.0900 level. Conversely, support lies at the 1.0650 level where a violation will aim at theContinue reading...
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Economic Snapshot: The Euro Zone

Apr 23 6:36am BabyPips.com
Hello, forex friends! It's been a while since I did an economic roundup for the Euro Zone. And since there's gonna be an ECB statement this Thursday, I though that now would be an opportune time to make one. And here it is. Continue reading → The post Economic Snapshot: The Euro Zone appeared first on BabyPips.com.
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French elections: Turnout stands at 28.5% at midday, similar to 2012

Apr 23 6:31am Forex Crunch
The French interior ministry reports a turnout of 28.5\% by midday French time, 10:00 GMT. Turnout was 28.3\% in 2012, so this is a minor uptick. Back in 2007, turnout was 31.2\%. French voters overseas have been already voting since Saturday. According to reports, there was a long line in Montreal, Canada, covering about two kilometers. According [...] The post French elections: Turnout stands at 28.5\% at midday, similar to 2012 appeared first on Forex Crunch.
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Podcasts to Press Play

Apr 23 5:36am Forex Crunch
Rather than having to crawl through the news to get the latest updates happening in the world of Forex, listening to a podcast while at the gym or commuting your way into the office can be a much more convenient way to get your daily dose. Podcasts are often far more entertaining as it’s more [...] The post Podcasts to Press Play appeared first on Forex Crunch.
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NZD/USD Forecast Apr. 24-28

Apr 23 4:18am Forex Crunch
The New Zealand dollar was trading around the 0.70 level once again. Five events await us this week. Here is an analysis of fundamentals and an updated technical analysis for NZD/USD. Milk prices continue rising as seen in the latest GDT Price Index: 3.1\%. The CPI beat expectations by rising 1\% but there were doubts about the [...] The post NZD/USD Forecast Apr. 24-28 appeared first on Forex Crunch.
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AUD/USD Forecast April 24-28

Apr 22 4:12pm Forex Crunch
AUD/USD reversed directions last week and posted modest losses. The pair closed the week at 0.7528. This week’s key event is CPI. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. In the US, construction figures were mixed and manufacturing and employment numbers missed their estimates. The Aussie softened after the RBA [...] The post AUD/USD Forecast April 24-28 appeared first on Forex Crunch.
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Top Forex Market Movers of the Week (Apr. 17-21, 2017)

Apr 22 12:12pm BabyPips.com
The mighty pound crushed all opposition this week, with the Loonie getting the worst of it. Almost everybody already knows why the pound ended up as the one currency to rule them all, but why was the Loonie so weak? And how did the other currencies fare this week, by the way? Time to find out! Continue reading → The post Top Forex Market Movers of the Week (Apr. 17-21, 2017) appeared first on BabyPips.com.
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GBPUSD: Rallies To Close The Week Higher.

Apr 22 8:45am FXTechstrategy
GBPUSD: With the pair continuing to hold on to its corrective recovery following its past week gains, more strength is envisaged in the new week. Support lies at the 1.2750 level where a break will turn attention to the 1.2700 level. Further down, support lies at the 1.2650 level. Below here will set the stage for more weakness towards the 1.2600 level. Conversely,Continue reading...
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French elections: these 8 brokers made changes to leverage, limits and more

Apr 22 6:24am Forex Crunch
The French presidential election is the No. 1 political event of the year and could have a profound impact on the European Union and the euro. Forex brokers are bracing themselves for big movements. The “nightmare scenario” of Le Pen vs. Melenchon could have the strongest effect, but there are three additional scenarios in our preview. Some [...] The post French elections: these 8 brokers made changes to leverage, limits and more appeared first on Forex Crunch.
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Weekly Forex Technical Analysis (Apr 24 Apr 28)

Apr 22 5:30am Forex Blog
EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.0452 1.0527 1.0627 1.0702 1.0802 1.0877 1.0977 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.0533 1.0639 1.0708 1.0814…...
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EUR/USD drops as final French polls continue showing a tight race

Apr 21 2:39pm Forex Crunch
Are markets just a bit more cautious within the cautious optimism about the French elections? EUR/USD dipped under 1.07 as the week comes to an end. This is close to 100 pips below the high levels seen early in the week and a few dozens pips below levels seen earlier in the day. The last [...] The post EUR/USD drops as final French polls continue showing a tight race appeared first on Forex Crunch.
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3 Habits That Will Help You Prepare for Forex Trading

Apr 21 2:15pm BabyPips.com
The markets can move this way and that, but the bottom line is that the amount you win or lose is still under your control. So, what kind of habits can you develop to help you manage your forex trades? Here are three. Continue reading → The post 3 Habits That Will Help You Prepare for Forex Trading appeared first on BabyPips.com.
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US Existing Home Sales Pace Highest Since 2007, EUR/USD Falls

Apr 21 1:22pm Forex Blog
EUR/USD dropped today as US existing home sales pace reached the highest level in more than a decade. Markit PMIs were disappointing, but that did not help the currency pair very much. The euro was also under pressure from this weekend’s French elections and yesterday’s terrorist attack…...
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EUR/USD Forecast Apr. 24-28

Apr 21 12:00pm Forex Crunch
EUR/USD drifted to the upside, driven by the dollar’s weakness. Is there more to come? The big event of the upcoming week is the French elections, followed by the ECB decision. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. The latest polls towards the first round of the French [...] The post EUR/USD Forecast Apr. 24-28 appeared first on Forex Crunch.
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EUR/USD: Trading the First Round Of French Elections BTMU

Apr 21 11:01am Forex Crunch
EUR/USD is holding its breath but beginning to show signs of worry towards the French elections. What’s the trade? Here is their view, courtesy of eFXnews: Going into the first round of the French elections on Sunday, BTMU FX Strategy Research’s base case for a higher EUR is mainly based on the assumption that neither [...] The post EUR/USD: Trading the First Round Of French Elections – BTMU appeared first on Forex Crunch.
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Intraday Charts Update: Double Bottom for AUD/USD & A Triangle for NZD/USD

Apr 21 10:34am BabyPips.com
Let's end this week's intraday charts update with a couple of charts patterns, namely a double bottom for AUD/USD and a triangle for NZD/USD. Check 'em out, peeps! Continue reading → The post Intraday Charts Update: Double Bottom for AUD/USD & A Triangle for NZD/USD appeared first on BabyPips.com.
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U.S. Existing Home Sales Jump To Ten-Year High In March

Apr 21 10:28am RTT - Forex Top Story
After reporting a bigger than expected drop in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Friday showing that existing home sales rebounded to their highest level in ten years in March.
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Forex Weekly Outlook April 24-28

Apr 21 10:24am Forex Crunch
French Presidential Election, German Ifo Business Climate, US CB Consumer Confidence, Crude Oil Inventories, Rate decision in Japan and the Eurozone, US Durable Goods Orders, GDP data from The UK, the US and Canada. These are the major events on forex calendar. Join us as we explore the market-movers for this week. Last week a [...] The post Forex Weekly Outlook April 24-28 appeared first on Forex Crunch.
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Weekly Summary April 21st 2017

Apr 21 8:48am Vladimir Ribakov
Here is the weekly summary April 21st 2017.  The second trading week of April is near its end. It is now time to recap and summarize the trade setups that we had. Below you will find the short explanation of all setups we had this week. Trades Summary: GBPJPY – Double wave correction didn’t happen and price didn’t reach the magnet zone. GBPUSD – Scenario 1 – Double wave correction didn’t happen. The correction we were looking for is happening in a flat range Scenario 2 – Correction is happening in a flat range, breakout didn’t happen yet. The pair The post Weekly Summary April 21st 2017 appeared first on Vladimir Ribakov.
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Eurozone Private Sector Activity Expands At Fastest Pace In 6 Years

Apr 21 8:37am RTT - Forex Top Story
Eurozone private sector grew at the fastest pace in six years in April as firms boosted operating capacity to meet buoyant demand amid widespread optimism about future prospects despite political uncertainties. For the first time since 2012, growth in France surpassed Germany's expansion as output and new order growth softened in the latter.
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London Session Recap: EUR & GBP Race to the Bottom, JPY Finds Buyers

Apr 21 8:25am BabyPips.com
The euro and the pound were battling for the (dis)honor of being the worst-performing currency of the morning London session. Meanwhile, the safe-haven yen got some buyers, very likely because of the jitters ahead of the French Presidential elections. Although the fall in bond yields may have been a factor as well. Continue reading → The post London Session Recap: EUR & GBP Race to the Bottom, JPY Finds Buyers appeared first on BabyPips.com.
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UK Retail Sales Fall Most In 7 Years

Apr 21 8:20am RTT - Forex Top Story
UK retail sales logged their biggest quarterly decline in seven years as high inflation curbed consumer spending at the start of the year. The retail sales volume decreased 1.4 percent sequentially in the first quarter, the most since early 2010, data from the Office for National Statistics revealed Friday. Sales had increased 0.8 percent in the fourth quarter of 2016.
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