|Jan 30 02:35 GMT|
Fundamental Analysis Reports
GBP/USD – Pound Slides On Excellent US Jobless Claims
Jan 30 02:13 GMT, by
The pound has taken a tumble on Thursday, losing about 100 points to the US dollar. In the North American session, GBP/USD is trading in the mid-1.50 range. In the UK, Nationwide HPI posted a gain of...
USD/CAD – Canadian Dollar Slide Continues, Pair Trading Above 1.26
Jan 30 02:11 GMT, by
The Canadian dollar continues to lose ground on Thursday. In the North American session, USD/CAD is trading above the 1.26 line and the pair has jumped over 200 points since early Wednesday. On the r...
January Month-End Model Suggests Strong Dollar Rally, Pending GDP
Jan 30 01:54 GMT, by
Traders often refer the impact of 'month end flows' on different currency pairs during the last few days of the month. In essence, these money 'flows' are caused by global fund managers and investors...
Robust Job Market Assists Dollar Climb To Decade High
Jan 30 01:46 GMT, by
The Dollar is heading to its highest level in ten years as recent US jobless claims fell by 43,000 to a near-15-year low at 265,000 in the last week. The data is fairly lower than what economists had...
USD/JPY - Steady as Japanese Retail Sales Misses Expectations
Jan 29 14:50 GMT, by
The Japanese yen is almost unchanged on Thursday. Early in the North American session, USD/JPY is trading just shy of the 118 line. On the release front, Japanese Retail Sales posted a weak gain of 0...
US Initial Jobless Claims Dropped in the Week Ending January 24
Jan 29 14:49 GMT, by
US initial claims plunged by 43,000 to 265,000 in the week ending January 24, 2015 to build on a smaller 9,000 decline to a revised 308,000 (was 307,000) level for the previous week. This marked the ...
Technical Analysis Reports
Don't Overlook Gold/AUD
Jan 30 02:08 GMT, by
Technically the trend is clearly bullish and within a corrective phase. There is potential for a bullish pennant / flag to form prior to the weekend which would assume a bullish breakout. To trade th...
USDJPY - Faces Price Consolidation
Jan 30 02:01 GMT, by
USDJPY - With USDJPY still facing consolidation price action, a directional move is now on hold. On the downside, support comes in at the 117.00 level where a break will target the 116.50 level. Belo...
GOLD - Declines On Price Sell Off
Jan 30 01:59 GMT, by
GOLD - With GOLD selling off sharply during Thursday trading session, further downside pressure is expected in the days ahead. On the downside, support comes in at the 1,250.00 level where a break wi...
AUDNZD: Who's Weaker?
Jan 30 01:56 GMT, by
The commodity currencies of Australia and New Zealand have really been abused of late as their central banks have leaked that they could be cutting interest rates or backed away quickly from a hawkis...
Gold's $30 Drop: Overreaction Or Sign Of Things To Come?
Jan 30 01:52 GMT, by
Today saw gold turn sharply lower, partially in response to a rebounding European stock market. In other words, the safe haven asset has lost out in favour of the riskier stocks. What's more, the dol...
AUDUSD Crumbling Like the Roman Empire - More Losses Possible if .7700 Gives Way
Jan 29 14:17 GMT, by
My colleague Chris Tedder discussed the fundamental drivers for the big drop in AUDUSD during today's Asian session, but the pair is moving so fast that it's worth updating some of the key technical ...
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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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