|Sep 03 17:08 GMT|
Fundamental Analysis Reports
Dovish Draghi Drives Yields and Euro Lower
Sep 03 15:17 GMT, by
The ECBs decision making process this month when confronted with ongoing low inflation in the euro area was made even harder by the slowdown in emerging markets and financial market volatility that c...
US ISM Non-Manufacturing Index Eases in August from Near-Decade High in July
Sep 03 15:15 GMT, by
The ISM non-manufacturing index decreased to 59.0 in August 2015 after surging to a near-decade high of 60.3 in July. Market expectations had been for a slightly larger decline to 58.2. The decrea...
US Trade Deficit Narrowed in July
Sep 03 15:14 GMT, by
The US trade deficit narrowed to $41.9 billion in July 2015 from a revised $45.2 billion shortfall (previously reported as -$43.8 billion) in June. The July deficit, which was the smallest since Febr...
Canada's July Trade Balance Improves
Sep 03 15:12 GMT, by
The July 2015 nominal merchandise trade deficit unexpectedly shrank further to $0.6 billion after improving precipitously in June to $0.8 billion from $2.9 billion in May. The June deficit was revise...
ECB Press Conference Key, US Data Also Eyed
Sep 03 11:10 GMT, by
China has largely been blamed for causing so much volatility and negativity in financial markets in recent weeks so it should be no surprise that, as its markets close in observance of Victory Day, m...
Greek Elections: Uncertainty Increases, ECB On Hold
Sep 03 10:05 GMT, by
On September 20, Greek legislative elections will be held in Greece. Prime Minister Alexis Tsipras has announced his resignation on August 10. Initially, elections were not due until February 2019. S...
Technical Analysis Reports
EUR/JPY: Draghi'n the Euro Down
Sep 03 13:57 GMT, by
The release of this morning's European Central Bank (ECB) monetary policy statement was predictably uneventful, with the central bank leaving its main refinancing rate at 0.05%, its deposit rate at 0...
GBP/USD Extends Fall as UK Services Growth Disappoints
Sep 03 12:05 GMT, by
The pound has extended its falls, hitting its lowest level against the US dollar since early June, after growth in the UK services sector unexpectedly moved down a notch in August, according to the c...
Forex Technical Analysis
Sep 03 09:13 GMT, by
EUR/USD The recent slide from 1.1330 seems corrective in nature, thus preceding another leg upwards, to 1.1410 resistance area. Crucial on the downside is 1.1155 low.
USDCAD Showing Two Strong Confluence Points
Sep 03 08:55 GMT, by
As we could witness it, Canada is currently undergoing a recession as the economy is suffering due to low oil prices. Oil prices have been falling sharply also through the summer and fall of 2014. As...
EUR/USD Corrects Lower To 20-Day SMA
Sep 03 08:42 GMT, by
EUR/USD was pushed to the downside during the trading session on Wednesday as the pair erased all gains from the previous day. As expected, the Euro managed to reach Tuesday low at 1.1225 by mid-nigh...
GBP/USD Risks Falling Under 1.53
Sep 03 08:41 GMT, by
The Cable maintained trade in the tight range between the Bollinger band and 200-day SMA, remaining relatively unchanged over the day. However, the Bollinger band shifted more to the downside today, ...
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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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