 |
|
|
| |
| May 17 00:11 GMT |
 SponsorsForex Expos |
|
Fundamental Analysis ReportsHighlights of the Minutes from the April 24/25 FOMC meeting May 16 19:55 GMT, by The Minutes of the April 24/25 FOMC meeting indicated that Committee members viewed that the economy "continued to expand moderately" in the period since the last meeting in March. While some members... FOMC Minutes a Non-Event Against USD Strength: USD Index Approaches 2012 High May 16 19:29 GMT, by The FOMC Minutes was released. As far as stimulus goes: “Several members indicated that additional monetary policy accommodation could be necessary if the economic recovery lost momentum or the do... US Industrial Production Posts Larger-than-Expected Gain in April May 16 15:30 GMT, by US industrial production jumped 1.1% in April, beating market expectations going into the report for a 0.6% increase. The previously reported flat readings for both February and March were revised to... US Housing Starts Rose in April; First Quarter Revised Up May 16 15:28 GMT, by Privately owned housing starts in the US rose 2.6% in April to an annualized pace of 717,000 units, from a revised 699,000 units in March (previously reported as 654K,000) Market expectations going i... Canadian Manufacturing Sales Jump 1.9% in March May 16 15:27 GMT, by Canadian manufacturing sales rose 1.9% in March, rebounding from 0.2% and 2.3% drops in February and January, respectively. Much of the gain in March was concentrated in transportation and petroleum ... Housing Starts Break 700K for the Third Time Since 2008
All Daily Fundamental Reports >>
May 16 14:31 GMT, by Housing starts appear to have reached a new plateau above 700K in the first few months of 2012. While we do not expect a major resurgence in housing construction over the next several months, this su... |
Technical Analysis ReportsUSD/JPY Breaks Above Channel Resistance; Trades at May High May 16 14:14 GMT, by USD/JPY indeed bottomed out in the short-term and broke above a declining channel resistance. The 1H chart shows the bottoming formation. There is resistance in the 80.50-80.60 area. This is the May ... USD/CAD Breaks Key Resistance Opening Up the 1.30 Handle May 16 13:46 GMT, by The USD/CAD finally breaks above the 1.0050-1.0060 resistance, suggesting a bullish trend developing after a period of sideways trading below 1.0050. Looking at the 1H chart we see that the previous ... EUR/USD - Reward to Risk Assessment for Buying Near the 1.2625 Support May 16 12:36 GMT, by The EUR/USD is trading at a 4-month low and continues to be weighed by the uncertainty in the Greek parliament, which is headed for a re-election on June 17. One ray of light does shine from the dipl... FX Thoughts for the Day May 16 12:34 GMT, by Cable extended its downmove further breaking below its 55-Week-MA (1.5940) to a low of 1.5889 and is now bouncing back from its low. The strong uptrend since Jan-12 has been broken now and a failure ... GBP/USD Trades Below the 2012 Trendline After BoE Inflation Report May 16 11:59 GMT, by The GBP/USD was already breaking a key support area ahead of the BoE inflation report and Mervyn King's press conference. The 1.5990-1.60 area was a rising trendline that goes back to January 2012. A... USD/JPY Recovery Extends To 80.45
All Daily Technical Reports >>
May 16 09:52 GMT, by On Tuesday Dollar/Yen increased with almost 55 pips. The currency couple appreciated from 79.80 to 80.34 yesterday, matching the positive money flow sentiment at nearly +6%, closing the day at 80.16.... |
Analysis Report SearchLong Term ForecastsCross Asset Strategy: The Return of the Great Moderation? Not Yet, But... Mar 16 15:50 GMT, by Yesterday, S&P500 closed above 1400 for the first time since June 2008. Hence, the US stock mar... Strong Canadian Dollar Ahead, But Mind the Potholes Feb 24 16:10 GMT, by The Canadian dollar's steady climb since the end of the last recession has put to bed any notion of... Chinese Dragon To Unshackle Renminbi? Jan 18 15:32 GMT, by With the Year of the Dragon around the corner, will the renminbi be unshackled? Will there be a sur... FX Forecast Update January 2012: Euro Pain - Stocky Gain Jan 17 15:16 GMT, by EUR/USD: Eurozone money market rates are expected to fall further and as a result we have opted to ... U.S. Dollar & Currencies: Review and Outlook
All Long Term Forecasts >>
Jan 05 17:22 GMT, by In 2012, policy makers around the world may be driven by the realization that the theme of 2011 was... |
|
ActionForex.com © 2012 All rights reserved. |