|Oct 01 14:14 GMT|
Fundamental Analysis Reports
USD/JPY - Yen Stable as Tanken Indices Mixed
Oct 01 13:59 GMT, by
The Japanese yen is flirting with the 110 line on Wednesday, as the Japanese currency remains under pressure. USD/JPY is currently at its highest level since August 2008, as the dollar is showing no ...
A Dollar Whiplash from Private Sector Jobs?
Oct 01 11:26 GMT, by
A new month and a new quarter should not be capable of changing things up too much. Both forex volume and volatility are not expected to ease off anytime soon as a hint of rate divergence brings with...
Gold Remains Weak, Pressing On Support At $1200
Oct 01 11:15 GMT, by
Gold prices are showing little change on Wednesday, as the metal remains under pressure from the strong US dollar. In the European session, the spot price stands at $1208.93 per ounce. There are two ...
ECB Preview: Will The ECB Herald Another Leg Lower For The EUR?
Oct 01 11:00 GMT, by
This Thursday we get the monthly ECB meeting. After surprising us with those rate cuts and a program of asset-backed security (ABS) purchases (basically QE-lite) last month, we doubt the ECB will pul...
USD Strengthens Against JPY, EUR, ADP In Focus
Oct 01 10:46 GMT, by
The FX markets price in more USD strength before the US employment data. The September ADP is due today (12:15 GMT), the US unemployment rate and the NFPs are scheduled on Friday. The US 10-year yiel...
USD/JPY Breaks 110.00, Antipodeans Extend Weakness
Oct 01 10:35 GMT, by
USD/JPY advances to fresh 6-year high of 110.09 amid the 3Q Tankan readings showed 8.6% expansion in all industry capex, the large manufacturing index unexpectedly improved. The weakness in non-manuf...
Technical Analysis Reports
Technical Outlook: Silver
Oct 01 11:51 GMT, by
Silver prices have been declining since the early days of July 2014 and have lost nearly 21% since then by forming the descending trend channel on Daily chart. The white metal broke important supp...
Forex Technical Analysis
Oct 01 09:59 GMT, by
Current rebound above 1.2568 low is corrective in nature, thus preceding a slide towards the major target at 1.2440. Initial intraday resistance is seen at 1.2636 and crucial on the upside is 1.2715.
Technical Analysis for Major Currencies
Oct 01 09:18 GMT, by
EURUSD pair touched 113% correction at 1.2580 yesterday before rebounding slightly to the upside. But the rebound wasn't enough to change our negative expectations, whereas stability below the previo...
Today's Market Outlook
Oct 01 08:51 GMT, by
The Euro resumed its larger downtrend which was interrupted by narrow consolidation and eventually broke and close below near-term target at 1.2660, Nov 2012 low. Fresh weakness also probed below psy...
USDCAD Makes Higher Highs
Oct 01 08:44 GMT, by
USDCAD is making higher highs and higher lows from 1.0885 where we see a completed corrective wave (ii), so ideally pair is now moving up within wave (iii) that can reach levels around 1.1250-1.1300 ...
EUR/USD Violates 1.2660
Oct 01 07:48 GMT, by
The support at 1.2660 did not withstand the selling pressure yesterday, thus exposing the 2012 low at 1.2040, namely the main long-term target. However, in the short run we may expect some bullish ac...
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Long Term Forecasts
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...
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...
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