|Apr 16 21:52 GMT|
Fundamental Analysis Reports
Bank of Canada Holds Overnight Rate at 1.00%; Core Inflation to Remain Contained
Apr 16 16:17 GMT, by
The Bank of Canada met expectations today by holding the policy rate at 1.0% and maintaining a neutral policy bias. The statement highlighted the Bank's expectation that the core inflation will remai...
Nothing Untoward From The BoC
Apr 16 15:59 GMT, by
The Bank of Canada did what was expected of them - absolutely nothing. Today they held firm, and maintained their overnight rate at +1%, their corresponding bank rate at +1.25% and the deposit rate a...
The Bank of Canada Tweaks Forecast, But Rate Hikes are No Closer
Apr 16 15:58 GMT, by
As was universally expected, the Bank of Canada held firm on its overnight rate, keeping it at 1.00%. More importantly, the Bank also left the balance of risks to the outlook unchanged from its Febru...
Time for the Bank of England to Take Notice of UK Economic Strength?
Apr 16 13:27 GMT, by
The UK labour market has shown its mettle yet again, after cooling off a little in recent months, the UK is once again creating jobs at a rapid clip. Comparing the three months to February with the p...
EUR: Deflation Still A Non-Issue?
Apr 16 12:23 GMT, by
It's business as usual until the markets tell us otherwise. Ukraine remains in the background and has so far been unable to derail any euro economic objectives, but cracks are beginning to appear and...
European Shares Rise Ahead Of US Housing And Industrial Data
Apr 16 11:14 GMT, by
European shares rose on Wednesday midday trading, rebounding from three-week low, ahead of the release of important U.S. data which is likely to give further clues about the health of the world’s big...
Technical Analysis Reports
GBPUSD - On The Offensive, Closes In On The 1.6819/22 Levels
Apr 16 11:48 GMT, by
GBPUSD - With GBP recovering higher and threatening the 1.3819/22 levels, further strength is envisaged. The pair needs to decisively break and hold above here to trigger further bullish offensive to...
GOLD And USDCAD Intraday: Elliott Wave Analysis
Apr 16 09:58 GMT, by
USDCAD moved to a new swing high yesterday but bullish price was not there for long. Price moved slightly down in the last two sessions, also through the support line from 1.0855 so we think that mar...
Forex Technical Analysis
Apr 16 09:47 GMT, by
The recent low at 1.3788 was practically a test of the key support around 1.3780 and the outlook is already bullish, for a rise towards 1.3904, en route to 1.3960. Initial minor resistance lies at 1....
Dollar/Yen Up On Japan Pensions Fund Action
Apr 16 09:42 GMT, by
On Tuesday Dollar/Yen traded within 50 pip range. The currency couple depreciated from 102.00 to 101.49 yesterday, matching the negative money flow sentiment at under -11%, closing the day at 101.89....
Today's Market Outlook
Apr 16 09:38 GMT, by
The Euro trades in a corrective mode off fresh low at 1.3789, where strong support, 50% retracement of 1.3671/1.3904 / broken bear-trendline off 1.3965 peak, contained reversal off 1.3965 for now. Co...
Technical Analysis for Major Currencies
Apr 16 09:31 GMT, by
The European trading session started today with stability above the minor support 1.3800 after approaching yesterday the key support level represented in 38.2% correction, as stabilizing above the re...
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Long Term Forecasts
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...
USD/JPY - 2013 In Review
Dec 26 02:31 GMT, by
The Bank of Japan continued its radical monetary program in 2013, and the yen responded with sharp ...
GBP/USD - 2013 In Review
Dec 26 02:30 GMT, by
The Bank of England revised its growth forecast for 2013 to 1.6%, up from 1.4% in a previous foreca...
EUR/USD - 2013 in Review
Dec 25 13:46 GMT, by
The ECB is expecting better news in 2014, with the Eurozone economy expected to post growth of 1%. ...
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