|Nov 28 11:58 GMT|
Fundamental Analysis Reports
USD/CAD – Greenback Rally Continues As 1.14 In Sight
Nov 28 11:17 GMT, by
USD/CAD has posted gains on Friday, as the pair continues to move higher. The Canadian dollar has slumped over Thanksgiving, losing about 150 points since Thursday. USD/CAD is trading just under the ...
OPEC Decision Hits NOK, CAD And RUB
Nov 28 11:04 GMT, by
OPEC refrained from taking action in November 27th meeting. The 12-country group kept the daily production ceiling unchanged at 30 million barrels, despite calls from some members to adjust productio...
European Market Update: Europe Facing An Uphill Battle To Hit Its Inflation Target
Nov 28 10:37 GMT, by
Disinflation remained a key them in both Asia and European session. Dealers note that decline in oil prices, following OPEC would make it even more difficult for central banks in Europe and Japan to ...
Gold Stable In Post-Holiday Trade
Nov 28 10:12 GMT, by
Ahead of the Thanksgiving holiday, the US released a batch of data on Wednesday and the numbers were anything but impressive. Unemployment Claims jumped to 313 thousand, its highest level since mid-S...
EUR/USD – Little Movement As German Retail Sales Climbs
Nov 28 09:58 GMT, by
EUR/USD is showing little movement on Friday, as the pair trades in the mid-1.24 range. On the release front, German Retail Sales posted a strong gain of 1.9%, beating the estimate. French Consumer S...
Dollar Profits From Oil Price Decline
Nov 28 09:08 GMT, by
Low EMU inflation data and a sharp decline of the oil price were the key factors for trading yesterday. The dollar profited across the board even as the gains were moderate. Today, the same factors w...
Technical Analysis Reports
Today's Market Outlook
Nov 28 10:22 GMT, by
The Euro lost traction after failing to sustain gains above pivotal 1.25 barrier, as subsequent two-legged reversal off fresh 1.2530 high, fully retraced the upleg from 1.2440 higher low 26 Nov. Yest...
EUR/USD Consolidates Above Weekly PP
Nov 28 09:52 GMT, by
The EUR/USD went down to the levels seen on Tuesday of this week, as the weekly R1 at 1.2532 was able to push the shared currency to the downside. At the moment the cross is hovering just above the w...
GBP/USD Drops Below 1.5750
Nov 28 09:50 GMT, by
It seems that a resistance area, represented by monthly S1 and weekly R2 around 1.5810 was strong enough to push the Cable to the south on Thursday. The cross fell below the weekly R1 at 1.5725, but ...
USD/JPY Returns Above 2007 Oct High
Nov 28 09:49 GMT, by
After a short-term recovery of the Japanese yen, this currency fell again, as the USD/JPY currency pair returned back to hover above the 2007 Oct high around 118. This year's high is located just bel...
Demand At 0.96 Pushes USD/CHF To Trade Higher
Nov 28 09:47 GMT, by
USD/CHF bounced from the major level at 0.96 and inched higher on Thursday, but it is still capped by a resistance at 0.9645, represented by weekly pivot point. Nevertheless, we expect the cross to o...
Technical Analysis for Major Currencies
Nov 28 08:58 GMT, by
The pair dropped and failed to stabilize above 1.2500. Breaching again the referred to level and stabilizing above it is required to confirm the downside move targeting 1.2585 and 1.2620. while break...
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Long Term Forecasts
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...
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...
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