|Jun 02 15:20 GMT|
Fundamental Analysis Reports
Euro-area Core Inflation Jumped - Headline to Follow in Q4
Jun 02 13:01 GMT, by
Euro-area HICP inflation increased to 0.3% y/y in May from 0.0% y/y in April. The biggest surprise was an increase in core inflation to 0.9% y/y in May from 0.6% y/y in April (consensus 0.7% y/y). ...
Covert Euro Mini-Summit Supports EUR
Jun 02 11:13 GMT, by
One day down and four to go, but investors have yet to witness any lasting significant releases. Yesterday's U.S ISM manufacturing PMI - whose upbeat May components tone contrasts with the mixed mess...
Risk Aversion Seen Ahead of US Open
Jun 02 11:11 GMT, by
We're seeing some risk aversion in the markets ahead of the US open on Tuesday, with the larger than normal number of risk events this week weighing on sentiment. Ongoing Greek talks remain one ob...
GBP/JPY: Pound Gets Its Mojo Back
Jun 02 10:43 GMT, by
The construction PMI improved to 55.9 in May from 54.2 previously, easily beating the expected reading of 55.1. On top of this, the latest lending data showed a few positive surprises too. The number...
BCB Eyed, Greece Walking A Fine Line
Jun 02 09:59 GMT, by
USD/BRL is testing the 3.20 strong resistance for quite some time now and is lacking the strength to move definitely above. Recent data showed that recession is not over yet as HSBC manufacturing PMI...
European Market Update: Euro Zone CPI Turns Positive For 1st Time Since November, European Bond Yields Rise
Jun 02 09:51 GMT, by
Optimism on Greece building following a meeting on Monday between EU officials. The Berlin talks were focused on a technical paper prepared by the commission which all sides are to use in an attempt ...
Technical Analysis Reports
AUDUSD - Turns Higher On Strength
Jun 02 09:34 GMT, by
AUDUSD - With the pair halting its weakness and strengthening, more gain is envisaged. On the downside, support resides at the 0.7650 level where a breach will aim at the 0.7600 level. Below that lev...
USD Index Pauses For Correction
Jun 02 08:40 GMT, by
USD Index has been very bullish for the past two weeks, but bulls slowed down in the last few days, so we suspect that market is forming a new but larger corrective retracement. We adjusted the wave ...
Forex Technical Analysis
Jun 02 07:59 GMT, by
Yesterday's rise peaked precisely at 125.00 sentiment level and current pullback will challenge 124.40 support zone. The overall uptrend remains bullish, with a crucial low at 123.80.
EUR/USD Lacks Confidence To Gain Value
Jun 02 07:39 GMT, by
Yesterday, EUR/USD slipped below the 55-day SMA/weekly PP and is currently fluctuating around the 1.0940 level. It seems that bulls are not convinced in the pair's ability to rally, even though a clo...
GBP/USD Encounters A Large Obstacle
Jun 02 07:38 GMT, by
Yesterday the Sterling suffered a rather heavy loss against the US Dollar. Nonetheless, the support cluster around 1.5190 was able to prevent the GBP/USD pair from falling deeper. Even though this cl...
USD/JPY Attempts To Stabilize Above 125
Jun 02 07:37 GMT, by
The US Dollar appreciated against the Yen for another day, but was unable to reach the resistance at 125.00. Despite closing trade under the nearest resistance level, the USD/JPY still experienced a ...
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...
|ActionForex.com © 2015 All rights reserved.|