|Aug 05 08:26 GMT|
Fundamental Analysis Reports
USD Stronger On Lockharts Comments
Aug 05 08:19 GMT, by
Choppy trading continues in the FX markets as liquidity conditions remain weak. USD price action remains broadly supportive following Fed Lockharts hawkish comments overnight. Atlanta Fed President D...
Woes For Emerging Market Currencies Continue
Aug 05 08:02 GMT, by
A slightly more encouraging overnight China PMI and some stabilization in the commodity markets should provide inspiration for Indices to trade higher on Wednesday. There will be some relief and ease...
Activity In China's Services Sector Rises At Fastest Pace In 11 Month In July
Aug 05 07:49 GMT, by
Business activity in the Chinese services sector rose at the fastest pace in 11 months in July amid stronger new business, a positive sign at a time when factories of the world's second biggest econo...
New Zealand Unemployment Unexpectedly Rises To 5.9%
Aug 05 07:48 GMT, by
New Zealand's unemployment rate climbed as the number of new jobs created failed to meet a growing working population driven by record migration. The jobless rate rose to a seasonally-adjusted 5.9% i...
Aussie Rebounds From Six-Year Low As RBA Comfortable With Its Level
Aug 05 07:47 GMT, by
The Australian Dollar rebounded from the lowest level in six years after the Reserve Bank of Australia kept interest rates unchanged and was more comfortable with the level of the Aussie, whose 20% d...
UK Construction PMI Unexpectedly Falls To 57.1 In July Amid Weak Housebuilding
Aug 05 07:46 GMT, by
Growth in the UK construction industry unexpectedly slowed in July, hurt by sluggish housebuilding and civil engineering. The Markit/CIPS UK construction PMI declined to 57.1 after reaching 58.1 in J...
Technical Analysis Reports
USDCHF Trades Impulsive Higher, Eyes At 0.9950
Aug 05 08:16 GMT, by
USDCHF made an unexpected deep intraday fall to around 0.9550 on Friday before price bounced back to the highs. We noted that this was likely flat for wave (ii) which is now proving correct because o...
Today's Market Outlook
Aug 05 08:09 GMT, by
The Euro closed yesterday below former low of 30 July at 1.0891, leaving a long red candle that confirms further extension of the downleg from double upside rejection at 1.1121/28. Firm bearish tone ...
Foreign Exchange Market Commentary
Aug 05 06:57 GMT, by
THE EURO closed lower on Tuesday. The lowrange close sets the stage for a steady to lower opening when Wednesday's night session begins trading. Stochastics and the RSI have turned neutral to bearish...
USDJPY Revving Up For A Breakout
Aug 05 06:39 GMT, by
For this pattern to stand any chance of success we would require a direct break and, preferably, sooner than later. If this turns out to be a pattern that recycles back within itself and loses the bu...
AUDCAD: Battle Of Employment Data As Price Moves Closer To Parity
Aug 05 06:37 GMT, by
The Australian dollar been on a high following yesterday's policy meeting at the RBA and some better than expected retail sales numbers. Combined with some widespread weakness in the CAD, the strong ...
Daily FX Report
Aug 05 06:09 GMT, by
The dollar rose to a four-month high before the Aug. 7 employment report that may provide the Federal Reserve with enough evidence to raise interest rates for the first time in almost a decade. The g...
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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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