|May 28 07:54 GMT|
Fundamental Analysis Reports
Bearish Momentum In The Pound/Dollar Continues
May 28 07:37 GMT, by
The recent close below 1.55 was a critical blow for the Pound/Dollar bulls, and the bears have continued to exploit each opportunity to increase selling pressure with the pair still looking technical...
Chinese Shares Tumble, Greek Hopes
May 28 07:34 GMT, by
Chinese equities tumble after margin lending tighten at brokerages. The Shanghai Composite retreated -3.78% while Hong Kong’s Hang Seng lost -2.10%. In Shanghai, the main gauge is up more than 50% si...
EUR/USD Decline Halted After 'Positive' Rumours On Greece
May 28 07:30 GMT, by
Yesterday, USD strength initially prevailed with the dollar gaining ground against the euro and the yen. However, positive headlines from Greek officials changed fortunes for the euro, even as not al...
Japan's Retail Sales Soar 5% From 2014, But Rises Less Than Expected From March
May 28 06:45 GMT, by
Japan's retail sales rose less than expected in April compared with the previous year, suggesting a weak start to the second quarter for an economy that is struggling with a devastating effect of las...
Bleak Capex Data May Prompt RBA To Step Up Stimulus Again
May 28 06:44 GMT, by
Dismal capex data raised concerns that Australia's transition from a mining-led economy offers nothing but hard landing, spurring bets the Reserve Bank of Australia may cut its official interest rate...
Bank Of Canada Keeps Rate Unchanged At 0.75%
May 28 06:39 GMT, by
The Bank of Canada maintained its target for the overnight rate at 0.75% for a third consecutive meeting, underscoring that growth and inflation are in line with expectations. Most economists now exp...
Technical Analysis Reports
USDCHF Could Move Higher After Finding Support Near 0.9400
May 28 07:39 GMT, by
USDCHF broke higher, above the former swing high so we adjusted the wave count as current rally can be wave wave three of three headed towards 0.9600 but ideally up to 0.9800. If we are correct then ...
Today's Market Outlook
May 28 06:25 GMT, by
Euro extended losses further yesterday and posted fresh low at 1.0818, but dips were short-lived. Subsequent bounce returned to magnetic 1.09 zone, but daily action remained capped by 55SMA at 1.0928...
BRENT Accelerating To The Downside
May 28 06:12 GMT, by
The strength of the US has continued to weigh down on commodities, seeing Brent accelerate the downside with no immediate signs of a bottom pattern forming yet. Sitting below the Daily Pivot and form...
Daily FX Report
May 28 06:04 GMT, by
The dollar hovered at eight-year highs against the yen early on Thursday, having stopped short of breaking above its 2007 peak as it consolidated recent gains against the euro and other peers. The US...
Foreign Exchange Market Commentary
May 28 03:53 GMT, by
THE EURO closed slightly higher on Wednesday as it consolidates some of the decline off May's high. The midrange close sets the stage for a steady to higher opening when Thursday's night session begi...
Daily Technical Analysis
May 28 03:44 GMT, by
The EURUSD was indecisive yesterday. Price attempted to push lower slipped below 1.0850 but closed higher at 1.0901. The bias is neutral in nearest term but overall I remain bearish with nearest targ...
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...
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