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Forex - GBP/USD edges lower, U.S. data in focus

jacky1111 Posted 27 Feb.

Investing.com - The pound edged lower against the U.S. dollar on Friday, as investors focused on the release of fresh U.S. economic reports later in the day, after a string of disappointing data on Thursday dented optimism over the strength of the nation's recovery.GBP/USD hit 1.5405 during European morning trade, the session low; the pair subsequently consolidated at 1.5390, edging down 0.11%.Cable was likely to find support at 1.5332, the low of February 23 and resistance at 1.5552, Thursday's…

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Forex - Euro weaker as talks with Greece on bailout terms

jacky1111 Posted 16 Feb.

Investing.com - The euro held weaker on Tuesday as talks between Greece and euro zone finance ministers reached an impasse, setting the stage for the current bailout agreement to lapse at the end of the month.
EUR/USD traded at 1.1349, down 0.04%. AUD/USD traded at 0.7766, down 0.08%, ahead of the release of the minutes of the Reserve Bank of Australia's most recent board meeting in which it cut the cash rate to a record low 2.5%.
USD/JPY tr…

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Oil tops $60 for first time in 2015, industry spending

jacky1111 Posted 13 Feb.

LONDON (Reuters) - Oil rose above $60 a barrel on Friday for the first time this year, bringing its gain this week to almost 4 percent, supported by signs that deeper industry spending cuts may curb excess supply.Also supporting oil, growth in Germany's gross domestic product beat expectations, as did plans for a meeting between Greek officials and creditors. Euro zone GDP data is due later on Friday.The price of Brent crude collapsed from $115 in June to $45.19, the lowest in almost six years…

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