|Oct 22 23:55 GMT|
Fundamental Analysis Reports
The Bank of Canada's Tune Has Changed, But the Song Remains the Same
Oct 22 16:17 GMT, by
Importantly, the Bank of Canada has dropped its explicit reference to being "neutral" on the direction of future changes in the overnight rate. However, there seems to be something for both the hawks...
USD/CAD - Volatile on Retail Sales, BOC Statement
Oct 22 15:53 GMT, by
The Canadian dollar is showing some volatility in Wednesday's North American session, as USD/CAD trades at the 1.12 line. It's been a busy day on the release front. Canadian Retail Sales posted a dec...
Soft Consumer Inflation Backdrop Persists in September
Oct 22 14:40 GMT, by
Rebounding from its first monthly decline in 16 months, the headline CPI edged up 0.1 percent in September as increases in food and shelter helped offset a third straight decline in energy prices. Th...
AUD/USD - Steady as Australian CPI Remains Unchanged
Oct 22 14:24 GMT, by
The Australian dollar has posted slight gains on Wednesday, as AUD/USD is trading at the 0.88 line. On the release front, Australian CPI held steady at 0.5%. Trimmed Mean CPI slipped to o.4% in Septe...
Global Growth to Face Flash PMI Test
Oct 22 14:22 GMT, by
With investors growing increasingly jittery over China's economic performance of late, the October HSBC/Markit flash purchasing managers' index (PMI) due on Thursday is one traders will want to pay h...
EUR/USD: Falling Back
Oct 22 14:19 GMT, by
This weekend the majority of European nations will be performing the yearly depressing act of setting their clocks back one hour to shift away from daylight savings time, and they can then begin prep...
Technical Analysis Reports
USDCAD: Will BoC Bring a Break of the 1.13 Barrier?
Oct 22 14:16 GMT, by
The USDCAD has already kicked off a massive day for economic data with a bang. At 8:30 ET (12:30 GMT), traders were hit with major simultaneous data releases from both sides of the 49th parallel. In ...
Stocks: Resumption of New Bearish or Exiting Long-term Bullish Trend?
Oct 22 11:37 GMT, by
European stocks are trading a touch lower. Following such a sharp rally yesterday, a little bit of profit-taking should not come as a major surprise. But is it just profit-taking that we are witnes...
Technical Analysis for Major Currencies
Oct 22 09:49 GMT, by
The pair dropped yesterday after failing to breach 23.6% correction at 1.2855 levels. Meanwhile, the downside move is still limited above 1.2690 and 1.2700 accompanied by the continuous positivity on...
Technical Analysis for Crosses
Oct 22 09:49 GMT, by
The pair is still stable above 172.00 keeping the upside move valid intraday, waiting to visit 173.65 then 175.00 mainly. Linear Regression Indicators are positive and rbeaking 172.00 pushes the pair...
Today's Market Outlook
Oct 22 09:27 GMT, by
The Euro accelerates below 1.27 support and near-term range’s lower boundary, which was attacked on a pullback, following repeated rejection at 1.2840 range tops. Yesterday’s bearish Outside Day sign...
USDCHF Elliott Wave Analysis: Impulsive Uptrend
Oct 22 09:23 GMT, by
USDCHF has made a nice extended leg up from July lows that we see it as wave (3) that is part of a five wave rally. This rally should then continue after a corrective pause and it seems that new one ...
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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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