|Jul 24 02:08 GMT|
Fundamental Analysis Reports
RBNZ Raises Rates, Signals For A Pause In Its Tightening Cycle
Jul 24 02:02 GMT, by
The Reserve Bank of New Zealand (RBNZ) raised the official cash rate to 3.5% from 3.25% as expected. We were also expecting the bank to fire a warning shot at the kiwi and signal that it plans to pau...
AUDNZD: Can The RBNZ Put The Brakes On The Rally?
Jul 24 01:58 GMT, by
Much like the USDJPY, which we discussed at length earlier today, the AUDNZD has been rangebound for most of 2014. In its case, the antipodean pairing has been finding consistent support in the 1.05-...
Time For USDJPY Traders To Wake Up?
Jul 24 01:56 GMT, by
Out of all the major currency pairs, the USDJPY has undoubtedly been one of the dullest thus far this year. The pair has been trapped within a tight range from roughly 101.00 to 104.00 since mid-Janu...
RBNZ Hikes Official Cash Rate To 3.5%, Says New Zealand Dollar Exchange Rate Unjustified
Jul 24 01:54 GMT, by
The Reserve Bank of New Zealand increased its official cash rate by a quarter point for the fourth straight time to 3.5% as expected, but has also signaled a pause to rate hikes in order to assess ho...
The Aussie Remains Strong While Stocks In The US Make A Fresh All-Time High
Jul 24 01:48 GMT, by
Markets are a weird beast sometimes and there is no better example this morning than the fact that the Aussie dollar has fallen after the RBNZ jacked up rates again – taking the OCR to 3.5% and RBNZ ...
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...
Technical Analysis Reports
Daily Forex Update: GBP/USD
Jul 24 02:07 GMT, by
GBP/USD continues to fall after the recent reversal from the upper resistance trendline of the daily Up Channel chart pattern. GBP/USD is expected to break this up channel and then to fall to the tar...
EURAUD Has 1-Year Lows In Sight
Jul 24 02:00 GMT, by
Yesterday, my colleague Kathleen Brooks discussed the bizarre breakdown in EURUSD. Despite broad-based USD weakness and a lack of negative news out of Europe, the world's most widely-traded currency ...
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.
Analysis Report Search
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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