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Fundamental Analysis Reports
Greece Won't Pay... Now What?
Jun 30 12:39 GMT, by
Greece has reached D-day, they literally will default (or fall into arrears, in IMF parlance) if they don't pay up some EUR 1.6 bn by midnight Athens time tonight. There have been various rumours all...
Greece's Tsipras and Month End Demand to Keep Traders Guessing
Jun 30 11:49 GMT, by
For the remainder of this week, market moves are to be dominated by contagion and risk aversion, but most likely not to the same extent of the recent past. The EUR's impressive rally after the fact y...
Euro Drops As Investors Damp Data, Focus On Greece
Jun 30 10:51 GMT, by
The euro dropped against the U.S. dollar on Monday as investors ignored data and continued to focus on the latest developments from Greece. Euro area consumer prices for a second month in a row in Ju...
Swiss KOF Indicator Falls, Iranian Nuclear Deal Eyed
Jun 30 09:48 GMT, by
After a slight uptick in May, KOF leading indicator dropped to 89.66 in June, its lowest level since December 2011. The highly resilient Swiss economy is clearly feeling the consequences of a strong ...
European Market Update: Greece Poised To Miss IMF Loan Payment, Greece PM Tsipras Said To Consider Last Minute Initiative For An Agreement
Jun 30 09:42 GMT, by
Risk aversion theme diminished but not abated at this time. Month end and quarter end liquidity conditions were described as 'horrid' by participants. Dealer chatter that one poll showing "No" vote s...
Euro: A Bullish Reversal, European Equities Lower
Jun 30 08:41 GMT, by
After a sell-off that dragged EUR/USD down to 1.0955, the euro rallied in late European and Asian session and almost returned to its pre-weekend levels. The pressures on European peripheral bonds hav...
Technical Analysis Reports
AUDJPY: Traders YE(ar)N for a Safe Haven
Jun 30 13:35 GMT, by
Greece's debt drama stretched further into its third act today, with optimists still holding out hope that a last-second bailout deal could be cobbled together. Greek Finance Minister Yanis Varoufaki...
Crude Stages Short-Covering Rally as Iran Deadline Passes
Jun 30 11:53 GMT, by
Today was supposed to be the deadline for Iran and the P5+1 to reach a final agreement that would have limited Tehran's nuclear programme in return for lifting its sanctions. However, it doesn't appe...
Forex Technical Analysis
Jun 30 08:45 GMT, by
EUR/USD Yesterday's rebound above 1.0954 broke through 1.1135 resistance, confirming a reversal of the whole slide since 1.1435. The intraday bias is neutral within the consolidation range between 1....
EUR/USD Bounced Back Towards 1.12
Jun 30 08:35 GMT, by
A considerable drop in the beginning of trading on Monday managed to provide the common currency with a significant bullish momentum afterwards, and EUR/USD faced no issues when returning back above ...
GBP/USD Sets New Target Of 1.58
Jun 30 08:34 GMT, by
On Monday, the Sterling appreciated against the US Dollar, but not as much as anticipated. The immediate resistance failed to stop the rally, but the given pair also did not reach the weekly PP at 1....
USD/JPY Remains Stuck Within The Borders Of 122 And 123 Levels
Jun 30 08:29 GMT, by
Despite reaching the 123 major level, the USD/JPY remained relatively unchanged on Monday. The pair advanced only eight pips, with risks of falling deeper down. Nevertheless, the Bollinger band and t...
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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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