|Aug 28 09:26 GMT|
Fundamental Analysis Reports
Gold Rises, Yet Set For Its Biggest Weekly Decline In A Month
Aug 28 08:42 GMT, by
Precious-Gold rose on Friday amid speculations the Fed would not raise interest rates next month despite the release of upbeat U.S. second-quarter growth data. The yellow metal hit a high of $1132.91...
USD Broadly Lower Ahead Of Inflation Report And Jackson Hole Symposium
Aug 28 08:14 GMT, by
Regional equity markets are on the rise in Asia-Pacific as strong growth number from the US and a less volatile environment heightened traders' interest for riskier assets. Mainland Chinese shares ar...
Dollar Extends Recovery
Aug 28 08:00 GMT, by
Yesterday, the dollar still profited from an ongoing risk-on sentiment and good US eco data. The data flow today might still be USD supportive and slightly euro negative. The global context will of c...
USD Bulls Reinvigorated On Data Dependency
Aug 28 07:50 GMT, by
The USD showed resilience deep into yesterday’s session as its appreciation was felt across the corners of the FX markets. The polarity change experienced at the start of the trading week rebalanced ...
French Business Climate Improves, Spain's Economy Grows 1% In Q2
Aug 28 07:32 GMT, by
Business morale in France rose to the highest level in four years amid low oil prices and a weaker Euro. Business confidence index climbed to 100 in August, the highest reading since 2011, according ...
US Economy Grows 3.7% In Q2, Jobless Claims Drop
Aug 28 07:26 GMT, by
The US economy grew more than previously estimated in the second quarter, supported by robust consumer and business spending. The world's number one economy expanded at an annual rate of 3.7% in the ...
Technical Analysis Reports
EUR/USD Loses Steam, Drops Below 1.13
Aug 28 09:17 GMT, by
Support at 1.1295/62 failed to produce any bullish momentum for long traders on Thursday. As a result, the pair slumped below both of these technical levels to trade around 1.1240 by Friday morning, ...
GBP/USD On The Edge Of Reaching Two-Month Low
Aug 28 09:14 GMT, by
The Cable dropped to the lowest in the last six weeks yesterday, with the immediate support cluster barely holding the losses. The Greenback weighed on the Sterling, amid much better-than-expected GD...
USD/JPY Keeps Trying To Rise Above 121.00
Aug 28 09:13 GMT, by
The USD/JPY currency pair behaved in accordance with the forecast, as it surged and stabilised at the 200-day SMA at 121.03. However, the tide might turn today, with the resistance cluster around 121...
XAU/USD Stuck In The Vicinity Of 1,125
Aug 28 09:12 GMT, by
Gold failed to consolidate below the 1,125 support mark reinforced by the weekly S1 on Aug 27. Therefore, bulls may count on a recovery in the near-term; however, a successful testing of resistance c...
Today's Market Outlook
Aug 28 08:07 GMT, by
The Euro consolidates above fresh low at 1.1201, posted yesterday, on extension of pullback from 1.1712, 24 Aug peak. The third consecutive daily close in red, formed reversal pattern that suggests f...
GBPUSD Trades Lower In 5 Wave Structure
Aug 28 08:05 GMT, by
We had a strong fall on this pair during yesterday trading confirming our possible impulse 5 wave development. Pair made complete 5 wave structure and we are looking here for a ABC pullback in the wa...
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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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