|Jul 23 11:38 GMT|
Fundamental Analysis Reports
EUR/USD: Sagging Euro Drops To 8 Month Low
Jul 23 11:24 GMT, by
EUR/USD is under pressure on Wednesday, as the pair trades in the mid-1.34 range in the European session. The euro has slipped to its lowest level since November, and has slipped over 200 points in J...
European Stocks Extend Climb As Earnings Overshadow Ukraine Caution
Jul 23 11:16 GMT, by
European stocks indices advanced on Wednesday tracking gains in Wall Street and Asia, while solid corporate earnings news by Dutch paints and chemicals firm AkzoNobel, Daimler AG and the Finnish tech...
European Market Update: BOE July Minutes Did Not Cast Any Dissenting Votes On Rates
Jul 23 10:09 GMT, by
Dealers noted that the gradual widening in interest rate differentials between US/Europe gave the greenback an advantage. The premium offered by two-year U.S. Treasuries over German debt has widened ...
BoE Unanimous, EUR Soft, CAD Focus On Retail Sales
Jul 23 10:05 GMT, by
The economic data/events shift traders' focus away from geopolitical tensions (at least in the short-run). In London, BoE's unanimity for no policy action weighs on the GBP-complex. Across the Channe...
Gold Price Consolidates
Jul 23 09:18 GMT, by
The price of gold is going through a short term consolidation as the recent events on a global stage abate and gold looks for direction. A breakout of the pennant shape is the likely outcome and trad...
Risks Of A Rate Increase On Recovery Are Ebbing, BOE Minutes Says
Jul 23 09:14 GMT, by
Bank of England minutes for July 9-10 policy meeting showed that policymakers voted unanimously to hold both interest rate and amount of asset purchases as recovery strengthens. However, some members...
Technical Analysis Reports
Forex Technical Analysis
Jul 23 10:19 GMT, by
The intraday bias is slightly bearish, but I favor a reversal for a break through 101.43 minor resistance, en route to 101.85 area. Crucial on the downside is 101.19.
Dollar/Yen Turns Around, Remaining In Narrow Scope
Jul 23 10:01 GMT, by
On Tuesday Dollar/Yen traded within 30 pip range. The currency couple depreciated from 101.62 to 101.44 yesterday, not matching the positive money flow sentiment at above +8%, closing the day at 101....
Technical Analysis for Major Currencies
Jul 23 09:48 GMT, by
The pair dropped and achieved the first daily closing since February 2014 below 1.3520. A break below the referred to level according to Fibonacci rules is negative, as it favors extending the downsi...
Technical Analysis for Crosses
Jul 23 09:47 GMT, by
The pair is trading sideways and within a tight range, where the MA 50 & 100 offer strong resistance restricting the pair from moving higher. We will observe the pair at 172.50 support and 174.25...
Today's Market Outlook
Jul 23 08:47 GMT, by
The Euro has eventually broken below pivotal 1.3500/1.3475 support zone, where also main bull-trendline off 1.2042 lies and commenced fresh leg lower, new phase of corrective pullback from 1.3992, 08...
Cable Firm Above 1.705 Ahead Of BoE Minutes
Jul 23 07:23 GMT, by
On Tuesday Pound/Dollar decreased with 40 pips. The Cable depreciated from 1.7084 to 1.7041 yesterday, in line with the negative money flow sentiment at around -10%, closing the day at 1.7062. Today ...
Analysis Report Search
Long Term Forecasts
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...
USD/JPY - 2013 In Review
Dec 26 02:31 GMT, by
The Bank of Japan continued its radical monetary program in 2013, and the yen responded with sharp ...
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