|Nov 28 05:34 GMT|
Fundamental Analysis Reports
GBP/USD – Pound Slightly Lower In Subdued Trade
Nov 28 03:21 GMT, by
GBP/USD has posted slight losses on Thursday, as the pair trades in the low-1.57 range in the North American session. It’s a very quiet day on the release front, as there are no UK releases. US marke...
USD/CAD – Strong Gains Despite Solid Canadian Data
Nov 28 03:19 GMT, by
USD/CAD has posted gains on Thursday, as the pair is trading at the 1.13 line in the North American session. In Canada, Current Account beat expectations, as the deficit fell to C$ 8.4 billion. US ma...
More Soft Japanese Economic Data Sinks The Yen
Nov 28 03:05 GMT, by
USDJPY jumped through 118.00 on the back of soft Japanese economic indicators and falling oil prices that support the case for even more monetary easing from the Bank of Japan in the second half of 2...
EURUSD: Prepping For CPI
Nov 28 03:03 GMT, by
The bond market seems to be pricing in the prospect of QE from the European Central Bank in the coming months after a weaker than expected reading of German CPI. Spanish and Italian yields have falle...
US Dollar Bounced On Turkey Day While Oil Plummeted
Nov 28 02:51 GMT, by
The trading was relatively light in the American session as US market celebrated Thanksgiving. However, we still saw some movements as Dollar strengthened on the first day this week while commodities...
USD/JPY - Calm Ahead of Japanese Inflation Data
Nov 27 14:13 GMT, by
USD/JPY is stable on Thursday, as the pair trades in the mid-117 range. On the release front, US markets are closed for the Thanksgiving holiday, so traders can expect light trading during the North ...
Technical Analysis Reports
Foreign Exchange Market Commentary
Nov 28 04:12 GMT, by
THE EURO closed lower on Thursday. The lowrange close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI have turned neutral to bullish h...
Market Morning Briefing
Nov 28 03:45 GMT, by
We are changing the stance on Aussie-Dollar (0.8507) and now consider that this is probably not in range as expected few days back. The lower commodity prices, with Crude oil leading lower, will adve...
Daily Technical Analysis
Nov 28 03:26 GMT, by
The EURUSD failed to continue its bullish correction yesterday and hit 1.2448 earlier today. Once again, the upper line of the bearish channel proven to be a strong/valid resistance which keeps the b...
The Daily Forecaster: AUDUSD
Nov 28 03:13 GMT, by
Price took the alternative route of a direct move down to the 0.8458-73 area. From there it rallied to 0.8614 which appears to have completed the correction and therefore we should be in a decline th...
EURJPY - Corrective Pullback Risk Remains Intact
Nov 28 03:08 GMT, by
EURJPY - Despite its two days of price hesitation, our bias on the cross remains lower on correction. On the downside, support comes in at the 146.00 level where a break will aim at the 145.00 level....
Crude Oil Drops As OPEC Decides Against Cutting Production Quota
Nov 28 03:01 GMT, by
So, as we had expected the OPEC decided against trimming it is production quota of 30 million barrels of oil per day and prices have unsurprisingly extended their falls as a result. The Brent contrac...
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Long Term Forecasts
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...
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...
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