|Jul 24 00:16 GMT|
Fundamental Analysis Reports
Canadian May Retail Sales Continue to Rise
Jul 23 13:47 GMT, by
Nominal retail sales in May 2014 rose by 0.7%, which was slightly stronger than the 0.6% expected. The increase followed an upwardly revised 1.3% increase in April that was initially estimated to hav...
AUD/USD - Aussie Gains Continue on Solid CPI
Jul 23 13:44 GMT, by
AUD/USD has posted gains on Wednesday, as the pair has pushed above the mid-0.94 range. On the release front, Australian CPI and Trimmed Mean CPI matched expectations in Q2. In the US, today's sole e...
Bank of England to Markets: "Hold Your Horses"
Jul 23 12:42 GMT, by
The minutes from the BOE meetings have become the most important way for the market to gauge the Bank's sentiment and make predictions about its next move. After feeling pretty confident in recent we...
RBNZ Bulls Not Affected By Dairy Prices
Jul 23 11:53 GMT, by
Capital Markets require rate divergence for sustainable volatility, which in turn drives greater investor interest, more volatility and so on. The market just wants price movement. To date, Central B...
USD/JPY - Little Movement Ahead of Key Japanese, US Data
Jul 23 11:52 GMT, by
USD/JPY continues to have an uneventful week, as the pair continues to trade in the mid-101 range late in the European session. On the release front, it's a quiet day, with just two events on the sch...
EUR/USD: Sagging Euro Drops To 8 Month Low
Jul 23 11:24 GMT, by
EUR/USD is under pressure on Wednesday, as the pair trades in the mid-1.34 range in the European session. The euro has slipped to its lowest level since November, and has slipped over 200 points in J...
Technical Analysis Reports
EURGBP: 2012 Low in Sight?
Jul 23 12:06 GMT, by
The pound fell back this morning after the Bank of England's last policy meeting minutes revealed the MPC was a lot less hawkish than some had anticipated. For example, there were warnings that the o...
Technical Outlook - Important EUR and GBP Pairs
Jul 23 12:00 GMT, by
On Tuesday, the pair reversed from a short-term descending trend-channel resistance and dropped to a fresh 2014 lows. Subsequently on Wednesday, the pair continued with its weakening trend to test th...
Technical Outlook: Important NZD Pairs
Jul 23 11:56 GMT, by
Yesterday, the NZDUSD again plunged to the multiple support zone of 0.8655 - 0.8645; however, the pair reversed from the support range during the early hours of today. The Descending trend line on th...
Forex Technical Analysis
Jul 23 10:19 GMT, by
The intraday bias is slightly bearish, but I favor a reversal for a break through 101.43 minor resistance, en route to 101.85 area. Crucial on the downside is 101.19.
Dollar/Yen Turns Around, Remaining In Narrow Scope
Jul 23 10:01 GMT, by
On Tuesday Dollar/Yen traded within 30 pip range. The currency couple depreciated from 101.62 to 101.44 yesterday, not matching the positive money flow sentiment at above +8%, closing the day at 101....
Technical Analysis for Major Currencies
Jul 23 09:48 GMT, by
The pair dropped and achieved the first daily closing since February 2014 below 1.3520. A break below the referred to level according to Fibonacci rules is negative, as it favors extending the downsi...
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Long Term Forecasts
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...
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 ...
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