
FxWirePro: Swedish Krona declines as European coronavirus cases increase
Feb 24, 2020 11:38 am UTC| Technicals
The Swedish Krona eased, drifting closer to an over 2-week trough hit last week as investors digested soft economic data. Moreover, markets remain gripped by the latest coronavirus outbreak developments; Italy has 152...

FxWirePro: USD/TRY rallies to an over 9-month high, good to buy on dips
Feb 24, 2020 11:13 am UTC| Technicals
The Turkish Lira plunged to a fresh 9-1/2 month low despite better-than-expected business confidence and capacity utilization. Turkeys manufacturing confidence index increased to 106.9 in February, the highest since...

FxWirePro: USD/DKK hovers towards near 3-year peak, intraday bias bullish
Feb 24, 2020 10:30 am UTC| Technicals
The Danish Krone eased, hovering towards a near 3-year trough as investors ignore better-than-expected retail sales. Denmarks retail sales increased 0.5 percent in January after posting a decline of 0.4 percent in...

FxWirePro: Silver hits fresh 5 - month high at $18.88 mark, further upside movement likely
Feb 24, 2020 09:41 am UTC| Technicals
XAG/USD is currently trading around $18.84 marks. It made intraday high at $18.88 and low at $18.48 levels. Intraday bias remains bullish till the time pair holds key support at $18.47 mark. A daily close...

FxWirePro: EUR/GBP gains as dust settles on reassuring UK factory data
Feb 24, 2020 09:38 am UTC| Technicals
The euro surged, hovering towards a 1-week peak recorded last week against the British pound. On Friday, the British pound rallied after UK factories reported the fastest rise in output for 10 months in February. ...

Feb 24, 2020 08:54 am UTC| Technicals
USD/INR is currently trading around 71.86 marks. It made intraday high at 72.05 and low at 71.80 marks. Intraday bias remains neutral till the time pair holds key resistance at 72.05 mark. Key resistances...

FxWirePro: Aussie slumps to near 11-year low as coronavirus spreads globally
Feb 24, 2020 07:32 am UTC| Technicals
The Australian dollar plunged to a near 11-year trough as a spike in coronavirus cases in several countries outside China heightened worries about a hit to global economic growth. Italy, South Korea and Iran all...