|May 27 21:40 GMT|
Fundamental Analysis Reports
Bank of Canada Holds Overnight Rate Steady at 0.75%
May 27 15:41 GMT, by
The Bank of Canada left the overnight rate unchanged at 0.75% as was generally expected. The decision was largely the result of both recent inflation and growth numbers generally remaining in line wi...
Could the Fed's Promise of "Gradual" Tightening Mean 0.125% Rate Hikes?
May 27 13:54 GMT, by
Regardless of their preferred asset class, the single most important question on traders' minds is "When will the Federal Reserve start raising interest rates?" Investors and analysts (yours truly in...
Yen Entering Unchartered Waters
May 27 12:33 GMT, by
With one session down into an already shortened trading week, the mighty dollar is consolidating some of the strong gains it has acquired since last Friday. Yen outright trades are close to eight-yea...
US Open – Markets Rebound In Light Data Session
May 27 11:12 GMT, by
U.S. futures are pointing marginally higher on Wednesday, paring some of the losses made on Tuesday in response to Yellen's unwavering hawkish stance and growing Greek concerns. With little new to fo...
BoC To Leave Rates Unchanged, BoJ Minutes
May 27 10:57 GMT, by
The Bank of Canada (BoC) will release its rate decision today. We expect the Bank to leave its target rate unchanged at 0.75%, in line with median forecast. The recent downturn in the Canadian econom...
European Market Update: ECB Keeps Its ELA Funding For Greece Banking Sector Unchanged For 1st Time In Over 3 Months
May 27 09:36 GMT, by
The USD/JPY hovered just off its recent 8-year high at 123.32 ahead of a G7 meeting in Germany. Various Japanese politicians and central bankers reiterated standard G7 rhetoric that it was best if FX...
Technical Analysis Reports
AUDJPY: Time to Rally?
May 27 15:59 GMT, by
It has been a quiet morning in regards to North American markets as the economic calendar was mostly blasé thanks to no US news being released and only the Bank of Canada's non-action with whi...
GBP/JPY: Take Two
May 27 12:36 GMT, by
The GBP/JPY last week peaked above the December high of 189.70, and for a time traded at its highest level since September 2008. But the pound sold off and subsequently the GBP/JPY fell back all the ...
GBPUSD - Sees Weakness, Eyes Key Support
May 27 11:18 GMT, by
GBPUSD - With the pair weakening further on Tuesday, further bearishness is envisaged possibly towards the 1.5290 level. On the downside, immediate support lies at the 1.5300 level where a break if s...
Daily FX Report
May 27 09:18 GMT, by
The dollar was on a bullish footing, hoisted higher as U.S. debt yields rose on the strong economic indicators. The USD received a further boost as the euro slid not only on persisting Greek woes but...
GBPUSD Can Fall Further Towards 1.5100-1.5000
May 27 08:16 GMT, by
Cable broke lower on Friday so we see wave 2/B as completed recovery at 1.5690 because of a strong decline through 1.5584 level. Notice that wave C already reached our minimum expected zone near 1.53...
EUR/USD Nears Weekly S1 At 1.0856
May 27 07:25 GMT, by
On Tuesday, the single European currency remained under significant bearish pressure, as US fundamentals pushed EUR/USD below 1.09. The pair dropped to one-month lows and was stopped by the weekly S1...
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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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