|Oct 02 10:25 GMT|
Fundamental Analysis Reports
European Market Update: Cautious Trading Ahead Of ECB's ABS Commentary
Oct 02 10:03 GMT, by
The US dollar sold off sharply just after 3:00 GMT on no news with commodity related currencies (NZD, AUD, ZAR) seeing the biggest gains against the greenback. Dealers attributed the move to short-co...
ECB Will Reveal Detail On Private Debt Purchases
Oct 02 09:27 GMT, by
The ECB will give policy verdict at 11:45 GMT and is expected to maintain the status quo. Further rate action is very unlikely, as in its September speech, the ECB President Draghi has made clear tha...
USD-Unwind Uplifts High-Beta And EM Currencies
Oct 02 09:20 GMT, by
The USD squeeze has been the main highlight of the overnight FX trading. The US 10-year government yields tumbled down to 2.38%. The high-beta commodity currencies gained the most, in an effort to pa...
EURUSD: Time For A Dovish Draghi To Reappear
Oct 02 09:10 GMT, by
In anticipation of the ECB interest rate decision this afternoon, there has been some signs of Eurodollar purchasing in the early morning hours with the pair trading as high as 1.2673. Although I am ...
Euro Under Pressure Ahead Of ECB
Oct 02 08:59 GMT, by
The euro (EUR) slid to 1.2583 yesterday, before rebounded back to 1.2653 this morning against the US dollar (USD). The single currency is under pressure as the European Central Bank’s ECB) Press Conf...
EURCHF Forms Double Bottom
Oct 02 08:45 GMT, by
Further disappointing data overnight saw the Euro take a hit as the manufacturing PMI in Germany fell to 49.9, below the magical 50 mark which splits expansion from contraction. The French manufactur...
Technical Analysis Reports
Technical Analysis for Major Currencies
Oct 02 09:55 GMT, by
We notice on the minor graph that the pair rebounded to the upside yesterday from levels around 113% correction at 1.2580, as we referred earlier to the importance of breaking the latter to confirm e...
Technical Analysis for Crosses
Oct 02 09:55 GMT, by
The pair dropped yesterday and is currently fluctuating around 38.2% correction that forms a good support at 176.35 and protects the positive scenario suggested in our latest reports, keeping the ove...
Forex Technical Analysis
Oct 02 09:15 GMT, by
Current rebound above 1.2570 low comes from a higher time-frame and will aim to correct the whole slide from 1.2900. The outlook on the senior frames remains bearish and although there is an intraday...
Today's Market Outlook
Oct 02 08:56 GMT, by
The Euro remains bearish overall, with near-term consolidative phase above fresh low at 1.2569 under way. The pair failed for the second day to close below psychological 1.26 level, which, along with...
EUR/USD Finds Support At 1.26
Oct 02 07:17 GMT, by
Continuation of Tuesday's sell-off did not take place yesterday—the support at 1.26, represented by the weekly S1 and Bollinger band, remains intact. In case of a rally from here the currency pair wi...
GBP/USD To Be Capped By 1.63
Oct 02 07:16 GMT, by
After hitting the weekly S1 during yesterday's trading sessions, GBP/USD is currently moving counter the major trend—towards the negatively-sloped line at 1.63. Considering that this resistance is al...
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Long Term Forecasts
When Will the Bank of England Hike Rates?
Aug 16 08:33 GMT, by
In the first report of a two-part series on the outlook for Bank of England (BoE) monetary policy, ...
Growth in China Appears to Be Stabilizing
Jul 19 08:05 GMT, by
The year-over-year rate of real GDP growth in China edged up to 7.5 percent in Q2 from 7.4 percent ...
FX Forecast Update: Negative Rates and Liquidity Tools to Weaken the Euro
Jun 14 03:24 GMT, by
The ECB delivered more easing than expected at its rate meeting in June by cutting both the refi an...
AUD/USD - 2013 In Review
Jan 02 02:25 GMT, by
The Australian dollar is known for its strong volatility, and taking traders on roller coaster ride...
USD/CAD - 2013 In Review
Jan 02 02:23 GMT, by
The Canadian dollar looked sharp as we began 2013, but struggled badly late in the year, as the cur...
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