|Feb 11 10:38 GMT|
Fundamental Analysis Reports
Gold Climbs To 9-Month High On Yellen's Cautious Remarks
Feb 11 09:54 GMT, by
Gold extended its rise for a 10th straight session on Thursday, trading near its highest level in nine months, after Fed Chair Janet Yellen's cautious comments on Wednesday The precious metal climbed...
Banks, Miners Push European Shares Deep Into Red Territories
Feb 11 09:49 GMT, by
European shares dropped on Thursday, pulled down by banks and miners, after the release of downbeat earnings and as oil resumed its drop. Euro STOXX 600 index plunged 3.63 percent to 304.00 points, s...
Hong Kong Shares Plunge 4% At Open, JPY Strengthen
Feb 11 09:43 GMT, by
In the wake of Janet Yellen's testimony before the House Financial Services Committee in Washington; FX traders continued selling the US dollar during the Asian session as the Fed Chairwoman released...
Yellen's Caution Sends Jitters Across The Board
Feb 11 09:10 GMT, by
A sense of unease enveloped the financial markets during trading on Wednesday following Janet Yellen’s cautious tone in her testimony regarding future US rate rises amid the global turmoil. Although ...
Dollar Fails To Profit From Yellen Comments
Feb 11 09:06 GMT, by
Yesterday, the dollar gained temporary ground against the euro as sentiment on risk improved and as Yellen kept the door open for further rate hikes. However, the gains couldn’t be sustained. USD/JPY...
UK Industrial Production Unexpectedly Declines, As Manufacturing Drags Down GDP
Feb 11 08:48 GMT, by
Britain's industrial production dropped more than expected in the fourth quarter as the manufacturing sector continued to drag down the UK's economy. Total production output declined 0.5% in the Dece...
Technical Analysis Reports
Forex Technical Analysis
Feb 11 10:37 GMT, by
EUR/USD The bias here is bullish again after yesterday's dip to 1.1160, for a rise towards 1.1494 resistance mark. Initial intraday support lies at 1.1270.
Gold Prices Surpassed Important Resistance-Line
Feb 11 10:29 GMT, by
With the global economic woes propelling the Gold prices rally, the yellow metal managed to surpass nearly two-year old descending trend-line resistance, indicating further up-run by the bullion towa...
EUR/USD Unchanged After Volatile Session
Feb 11 08:58 GMT, by
EUR/USD was turbulent on Wednesday, with intraday dips prolonging down to the 1.1160 mark. However, by daily close the bulls reclaimed leadership and sent the pair back to 1.1290, meaning they were u...
GBP/USD To Keep Edging Higher
Feb 11 08:57 GMT, by
Even though the GBP/USD currency pair appreciated on Wednesday, it was unable to retain its position near intraday highs. Today the closest short-term resistance is represented by the Bollinger band,...
USD/JPY Falls On Fed Rate Hike Delay Speculation
Feb 11 08:56 GMT, by
The US Dollar sustained a rather heavy loss against the Japanese Yen yesterday, finding support only closer to the third target level. The Yen keeps strengthening and is expected to outperform the Bu...
Gold Aims At Violating Weekly R2 At 1,213
Feb 11 08:55 GMT, by
Gold prices soared again on Wednesday, underlying heavy demand for haven assets in time of global economic uncertainty and dovishness of Fed Chair Janet Yellen. Yellow metal could consolidate above 1...
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Long Term Forecasts
WTI Crude Oil A Year Ahead - Trends And Expectations 2016
Dec 24 11:45 GMT, by
The second half of 2014 saw a sharp drop in the price of WTI Crude Oil, which had traded at $105 a ...
DAX Year Ahead – Trends And Expectations 2016
Dec 24 11:11 GMT, by
It has been another testing year for the German economy but once again it has shown the kind of str...
British Pound Year Ahead - Brexit To Dominate 2016
Dec 22 12:49 GMT, by
This has been something of a turnaround year for the UK in which unemployment has fallen back to pr...
Gold for Bear Market?
Oct 13 13:23 GMT, by
A "bear market" is frequently defined as a decline of at least 20% in the S&P 500 index. Troubl...
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...
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