|Mar 31 09:40 GMT|
Fundamental Analysis Reports
Dollar Rallies As PBOC Signals More Easing
Mar 31 08:52 GMT, by
Yesterday, the dollar profited as markets anticipated more easing in China and elsewhere in Asia. USD/JPY regained the psychological level of 120. EUR/USD dropped below 1.08. Today, the US eco data m...
Gold Looks To Test Recent Lows
Mar 31 08:42 GMT, by
Gold retested the lows around the $1,140 mark recently as US dollar strength and speculation of an interest rate hike from the Fed led to plenty of gold selling. The bounce off the support once again...
Europe Futures Lower Ahead Of Euro CPI And UK GDP Data
Mar 31 08:11 GMT, by
European futures are pointing to a slightly weaker open on Tuesday, the final day of the quarter. Quarter end can bring about some unusual trading activity which should be taken into consideration to...
German And Spanish Inflation Picks Up, Euro Zone's Consumer Confidence At Highest Level Since 2011
Mar 31 08:01 GMT, by
Deflationary pressure in both Germany and Spain eased in March, helped by recovery from the sharpest slump last year amid falling oil prices. Consumer price index in the fourth largest economy of the...
US Personal Spending Increased For First Time In Three Months, Wages Grow Faster
Mar 31 08:00 GMT, by
Consumer spending in the US advanced less than expected in February 2015, indicating that economy may be losing momentum after several quarters of strong growth. Personal expenditures gained 0.1% las...
UK Mortgage Approvals Grow, Consumer Credit Cools Down
Mar 31 07:57 GMT, by
Mortgage approvals in Britain surged to their highest level in six months in February of this year, gaining value a third consecutive month in a row. The Bank of England's data is therefore suggestin...
Technical Analysis Reports
AUDUSD: More Weakness To Come
Mar 31 09:32 GMT, by
AUDUSD reversed sharply to the downside last week from 0.7936 high with recent accelerating price trough the lower side of an upward channel. As such, we assume that correction is already done in fou...
Today's Market Outlook
Mar 31 08:57 GMT, by
The Euro breaks below 1.08 near-term base, signaling an end of consolidative phase and resumption of pullback from 1.1050, 26 Mar high. Fresh acceleration lower took out daily 20SMA at 1.0789 and sup...
Weekly PP Pushed EUR/USD Below 1.08
Mar 31 07:53 GMT, by
A strong resistance area, created by weekly PP and monthly S2, managed to send the Euro down on Monday. The pair fell closer to the next support represented by the 2003 low/weekly S1 around 1.0760, a...
GBP/USD Erodes Demand At 1.48
Mar 31 07:52 GMT, by
The Cable failed at 1.49 and tumbled to a lower edge of its trading range. At the moment the currency pair is underpinned by the weekly S1 and monthly S2 at 1.4782/60. However, because of waning topi...
USD/JPY: Strong Rebound From 119.00
Mar 31 07:51 GMT, by
As expected, a dense demand zone around 119.00 prevented extension of the losses and turned the recent downward trend around. As a result, USD/JPY is now attacking the weekly R1, and the upward momen...
XAU/USD's Drop Stopped By 2013 Low
Mar 31 07:49 GMT, by
In line with expectations, XAU/USD failed to limit its downward correction within any range above the long-term downtrend line. Gold lost around $15 per ounce on Monday and fell back below the major ...
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Long Term Forecasts
Euro Area Outlook for 2015: Impact of Broad-Based QE
Jan 17 03:46 GMT, by
The expected ECB QE programme will support economic activity through a number of channels and hence...
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...
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