|May 29 12:09 GMT|
Fundamental Analysis Reports
ECB Preview: Summer Front-Loading And QE Implementation Flexibility
May 29 10:44 GMT, by
We do not expect any new policy measures to be announced on Wednesday and believe that the statement will be broadly unchanged. We expect the ECB to repeat that risks surrounding the economic outlook...
Brazil's Q1 GDP In Focus, NZD Under Pressure
May 29 10:22 GMT, by
Today, Brazil's Q1 GDP release will be in focus ahead of a busy week as the Copom will announce monetary decision next Wednesday. On the data front, May's Manufacturing PMI and Trade Balance are due ...
European Market Update: European May CPI Data Showing More Evidence That ECB QE Program Is Showing Results, Greece Situation Remains A Drag On Sentiment
May 29 10:07 GMT, by
The EUR/USD continued to crawl back from 1-month lows that were registered earlier in the week. The pair was trying to secure its third straight day of gains as the Greek bailout negotiations continu...
Greece Rumors Driving FX
May 29 09:05 GMT, by
Risk sentiment remains volatile on concerns over Greece debt repayments. Developments regarding a bailout for Greece will remain the primary driver of FX today. Asia equity markets were mixed with th...
Dollar Rally Slows, Waiting Better US Eco Data
May 29 07:45 GMT, by
Yesterday , there was no clear driver for USD trading. USD/JPY still set a new multi-year top, but the momentum of the overall USD rebound slowed. Today, the US eco data might be slightly USD support...
WTI Losses Continue As Commodity Linked Currencies Feel The Consequences
May 29 07:34 GMT, by
While the headline attention continues to focus on Greece, investors could have found some outstanding opportunities to price weakness into those currencies linked to commodity prices yesterday. The ...
Technical Analysis Reports
USDJPY - Sets Up To Correct Lower
May 29 10:35 GMT, by
USDJPY - Having capped its strength at the 124.45 level to close marginally higher on a rejection candle on Thursday, further weakness is expected. On the upside, resistance resides at the 124.50 lev...
USDJPY Could Fly Higher After Finding Support
May 29 09:20 GMT, by
USDJPY broke sharply to the upside in the past few days, clearly making an impulsive rise that is still incomplete, but as always pullbacks will occur. A new corrective set-back is here, a red wave 4...
EUR/USD Shows Minor Rebound From Monthly Low
May 29 08:42 GMT, by
The EUR/USD pair attempts to recover at least some part of losses that have occurred since May 19. On Thursday, the cross jumped above the 55-day SMA nearest resistance line and closed just below 1.0...
GBP/USD Still In Tight Range Between 1.52 And 1.54
May 29 08:32 GMT, by
On Thursday, the Cable edged down for the fourth day this week, although the fall was not as sharp as anticipated. GBP/USD managed to reach the weekly S2, which caused the pair to bounce back a bit a...
USD/JPY Struggles To Stay Above The 2007 High
May 29 08:31 GMT, by
USD/JPY extended its rally for another day, but at a much slower pace than before. However, the US Dollar did surge up to 124.47, almost reaching the weekly R3, but then was pushed back under the 200...
XAU/USD Trades With Moderate Bullish Gains
May 29 08:24 GMT, by
The precious metal has been trading flat for a second consecutive day on Thursday, while awaiting additional influencing factors. The bullion, however, made an attempt to slump below the weekly S2 at...
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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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