|Mar 07 05:25 GMT|
Fundamental Analysis Reports
China's Money Market Rate Falls To A 20-Month Low
Mar 07 03:16 GMT, by
China's benchmark money market rate dropped to a 20-month low as People's Bank of China drained the least cash from the financial market since January. The central bank decided to sell 50 billion yua...
NFP FRIDAY: Your Visual Guide
Mar 07 03:14 GMT, by
Following the ECB rate decision yesterday the markets focus has now shifted to US unemployment data. With many expecting a disappointing release due to soft data being blamed on adverse weather condi...
GBP/USD - Firm As BOE Holds The Course
Mar 07 02:15 GMT, by
The British pound has posted slight gains on Thursday, as the pair trades in the mid-1.67 range. In economic news, Halifax HPI posted its sharpest gain in over four years. As expected, the Bank of En...
AUD/USD - Gains As Retail Sales Sparkles
Mar 07 02:13 GMT, by
The Australian dollar is up close to a cent in Thursday trade, as the pair has climbed to the mid-0.90 range. The Aussie received a boost from some solid domestic data, as Retail Sales and Trade Bala...
Governor Stevens: There Is No Need To Further Loosen Very Accommodative Policy
Mar 07 01:58 GMT, by
Glenn Stevens, the Governor of the Reserve Bank of Australia, told a parliamentary panel that he doesn't see a need to loosen very accommodative policy at the moment, adding that he can't determine h...
China Rundown: The Renminbi's Change Of Fortune
Mar 07 01:56 GMT, by
Last month China was brought to the forefront of investor sentiment by softening economic data and the movements of the yuan and China's money markets. The world's second largest economy is vulnerabl...
Technical Analysis Reports
NFP FRIDAY: Key Technical Levels
Mar 07 04:58 GMT, by
Yen weakness has seen the USDJPY at 5-week highs which is impressive given the weakness of USD these past few weeks. 102.80 is a pivotal S/R level which should hold as support leading up to tonight's...
Daily Technical Analysis
Mar 07 04:53 GMT, by
The EURUSD had a bullish momentum yesterday topped at 1.3872. The bias is bullish in nearest term testing 1.3900 – 1.4000 area especially if price able to stay consistently above 1.3850 and the ascen...
Foreign Exchange Market Commentary
Mar 07 04:49 GMT, by
THE EURO closed higher on Thursday. The highrange close sets the stage for a steady opening when Friday's night session begins trading. Stochastics and the RSI are neutral to bearish hinting that a s...
Market Morning Briefing
Mar 07 03:29 GMT, by
Dollar Index (79.66) is trading below the support zone of 79.80-70 and the door to 79.10-78.60 or even 78 has opened now. Every corrective rally till 80.30 may face selling pressure. The long term tr...
EUR/USD – Surges To 2014 High Above 1.38
Mar 07 02:23 GMT, by
In the last 12 hours or so the Euro has surged up higher through the long term resistance level at 1.38 to reach a new high for 2014. After recently falling sharply through the key 1.37 level and rea...
AUD/USD – Moves To Three Month High Above 0.91
Mar 07 02:21 GMT, by
Throughout the last few days the Australian dollar has enjoyed a healthy surge higher from down near 0.89 to hit a three month high just above 0.91 in recent hours. For the best part of the last mont...
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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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