|Jul 23 09:05 GMT|
Fundamental Analysis Reports
Sterling Slides as Manufacturing, Services PMIs Indicate Contraction
Jul 22 14:19 GMT, by
The British pound has posted sharp losses on Friday and dipped below the 1.32 level. In the North American session, GBP/USD is trading slightly below the 1.32 level. The pair has weakened following s...
Canadian Inflation Smooth on the Surface, Hiding Crosscurrents Underneath
Jul 22 13:42 GMT, by
Canadian inflation held steady in June at a 1.5% y/y pace. Ditto for the Bank of Canada's core inflation measure, which held at 2.1% (y/y). Not surprisingly given hot housing markets in parts of C...
Canada: Sales Gains Ground in May
Jul 22 13:41 GMT, by
Canadian retail sales advanced 0.2% in May, with a slight downward revision to the previous month. This month's release came in above the consensus view for a flat print. In volume terms, retail sale...
Pound Slides on Weak PMI Data
Jul 22 11:13 GMT, by
It's been a mixed start to trading on Friday, with PMI data from euro area offering some cause for optimism while the numbers coming from the U.K. provided a much more pessimistic outlook for the man...
USD/JPY - Yen Dips On Soft Japanese Manufacturing Report
Jul 22 11:06 GMT, by
The Japanese yen is showing slight losses on Thursday, as USD/JPY has punched past the 106 line. Currently, USD/JPY is trading at the 106 line. On the economic front, it's a data-light session as we ...
European Market Update: Initial Brexit Impact Indicators Mainly Defy Slowdown
Jul 22 10:11 GMT, by
FX markets were little moved overall despite better-than-expected PMI data from Europe. EUR/USD holding steady above 1.10 level after ECB Draghi re-affirmed the wait and see stance on Thursday. GBP d...
Technical Analysis Reports
USDJPY Pared A Part Of Thursday's Losses, Falling Daily Cloud Maintains Pressure
Jul 22 11:05 GMT, by
The pair bounced off yesterday pullback’s low at 105.40, but consolidation phase remains capped under the mid-point of 107.47/105.40 pullback, with near-term technicals in mixed mode, suggesting limi...
Cable Comes Under Pressure As Data Signal Further Brexit Impact
Jul 22 10:29 GMT, by
Cable fell back to the floor of near-term 1.3153/1.3273 range, being hit by weak UK data. Fresh weakness emerged after another failure in attempt to break above near-term congestion and attack initia...
USDJPY In A Temporary Pullback, Possible Support Around 104/105
Jul 22 09:42 GMT, by
USDJPY is trading sharply higher for the last two weeks, so it appears that pair finally found a bottom. On the 4h chart we are looking at bullish leg up from 100.00 area that is looking extended now...
EUR/USD Slightly Surges On Thursday
Jul 22 09:23 GMT, by
The Euro was volatile between the levels of 1.1060 and 1.0980 during Thursday's session against the US Dollar. Most of the volatility was cause by the ECB rate decision and the afterwards press confe...
GBP/USD Attempts To Remain Above 1.32
Jul 22 09:22 GMT, by
The GBP/USD currency pair remained relatively unchanged yesterday, having inched only 24 pips higher, amid mixed UK fundamental data results. However, the Cable opened on top a relatively strong supp...
USD/JPY On The Edge Of Sustaining More Losses
Jul 22 09:21 GMT, by
The Japanese Yen overperformed on Thursday, as the USD/JPY currency pair dropped to the 105.80 level, rather than finding support at 106.00. Nevertheless, the anticipated decline took place, leaving ...
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Long Term Forecasts
WTI Crude Oil A Year Ahead - Trends And Expectations 2016
Dec 24 11:45 GMT, by
The second half of 2014 saw a sharp drop in the price of WTI Crude Oil, which had traded at $105 a ...
DAX Year Ahead – Trends And Expectations 2016
Dec 24 11:11 GMT, by
It has been another testing year for the German economy but once again it has shown the kind of str...
British Pound Year Ahead - Brexit To Dominate 2016
Dec 22 12:49 GMT, by
This has been something of a turnaround year for the UK in which unemployment has fallen back to pr...
Gold for Bear Market?
Oct 13 13:23 GMT, by
A "bear market" is frequently defined as a decline of at least 20% in the S&P 500 index. Troubl...
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...
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