|Mar 06 12:34 GMT|
Fundamental Analysis Reports
EURUSD: Next Turning on Commute to Parity
Mar 06 11:42 GMT, by
After breaking below 1.10 to set a new eleven year low at 1.0987 on Thursday evening, the euro is officially flirting with entering the next leg lower on its path to potential parity against the USD....
European Market Update: Markets Prepared For Chaotic US Data Release As Washington Has Delayed Open Due To Weather-Related Issues
Mar 06 10:32 GMT, by
FX price action was relatively subdued ahead of the US Feb payroll report but the USD remained firm. The EUR/USD continued to hit fresh 11-year lows in the aftermath of ECB's post rate decision press...
EUR Sell-Off Intensifies Post-Draghi, GBP Slides
Mar 06 10:26 GMT, by
The BoE and the ECB maintained the status quo at their March meeting. In the UK, it has been six full years that the BoE stays at 0.5% record low interest rate and has no reason to rush to normalizat...
Greenback Extend Gains Before US Jobs
Mar 06 08:42 GMT, by
Today's key event is the US jobs data. Amid good ADP read on Wednesday, the consensus for the NFP is a strong 235K (vs. 257K last month) with lower unemployment rate (5.6% vs. 5.7% last) and higher w...
ECB Press Conference Doesn't Halt Euro Decline
Mar 06 07:46 GMT, by
The euro spiked briefly higher during the ECB press conference as Draghi sounded optimistic on the EMU economy. However, we the start of QE looming, selling interest raptured very soon. EUR/USD teste...
ECB Ready To Launch QE On March 9, Revises Its Growth And Inflation Outlook
Mar 06 07:38 GMT, by
The European Central Bank will start its quantitative easing programme as soon as next Monday, March 9, Mario Draghi, central bank Governor announced on Thursday. The central bank also decided to lea...
Technical Analysis Reports
Gold: USD Conceals Metal's Strength
Mar 06 12:09 GMT, by
Ahead of the US monthly jobs report, gold is hovering just above the $1190 handle and threatening to break further lower. The precious metal is now down for a fifth consecutive session and is thus se...
Today's Market Outlook
Mar 06 09:30 GMT, by
The Euro probed below 1.10 support for the first time since Sep 2003, after ECB revealed details of bond-buying programme. Strong bearish tone persists on all timeframes and sees scope for further de...
GOLD: Bearish Continuation Pattern Is Pointing To 1170/75
Mar 06 09:13 GMT, by
Gold will stay bearish it seems, for a break beneath 1190 as recent sideways price action looks corrective because of slow and even overlapping waves. As such, we assume that this is wave (iv), proba...
EUR/USD Plunges Below 1.10 For First Time Since 2003
Mar 06 08:55 GMT, by
As estimated, downward pressure on the EUR/USD currency pair remained strong yesterday, caused by the ECB monetary policy meeting in Cyprus. The bears have even managed to send the pair below 1.10 fo...
GBP/USD Slumps For The Fourth Day
Mar 06 08:53 GMT, by
On Thursday, the GBP/USD pair did not surprise with its behaviour, as it slumped again for the fourth consecutive day. The Sterling tested the weekly S2 support at 1.5219 but failed to breach it. Ult...
USD/JPY: Correction To Take Place
Mar 06 08:51 GMT, by
USD/JPY rebounded yesterday, overshooting expectations and erasing the two-day losses. The US Dollar managed to pierce through the weekly R1, tested the upper Bollinger band, and finally settled at 1...
Analysis Report Search
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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