FX

Wall Street’s main indexes trade in the negative territory. Energy shares suffer heavy losses after the opening bell. CBOE Volatility Index (VIX) is up more than 7%. After posting modest losses on Monday, major equity indexes in the US opened in the negative territory on Tuesday. Reflecting the negative shift in market mood, the CBOE
The EUR/USD pair advanced to 1.1992 this Thursday, a fresh April high, but it is retreating just modestly. In the view of FXStreet’s Chief Analyst Valeria Bednarik, bulls won’t give up easily.    US Retail Sales jumped to 9.8% in March, beating the market’s expectations  “Germany published March inflation figures. The annual Consumer Price Index
Silver fades upside momentum after refreshing the weekly top. Confluence of 200-SMA, 38.2% Fibonacci retracement also challenges the bulls. Sellers will look for entries below three-week-old horizontal support. Silver prices waver around $25.30 during Wednesday’s Asian session. In doing so, the white metal buyers confront a downward sloping trend line from March 18 after refreshing
EUR/USD clinches new monthly highs above 1.1930. German, EMU Economic Sentiment decelerated in April. US headline CPI rose 0.6% MoM, 2.6% YoY in March. The buying pressure in the European currency picks up extra pace and lifts EUR/USD to new monthly tops in the 1.1930/35 band on Tuesday. EUR/USD up on weaker dollar EUR/USD managed