|Sep 02 09:12 GMT|
Fundamental Analysis Reports
Dollar Near Key Resistance Against The Euro And Yen
Sep 02 08:58 GMT, by
The dollar is in good shape this morning. Investors are apparently positioning for good US eco data today and later this week. The dollar is nearing key technical levels against the euro (EUR/USD 1.3...
The RBA, Japan And The USD
Sep 02 08:54 GMT, by
The biggest event today was a policy meeting at the Reserve Bank of Australia, with the board electing to leave the official cash rate at a record low 2.5% for the 12th straight meeting. The bank rei...
RBA Pushed Lower The Overvalued Aussie Dollar
Sep 02 08:52 GMT, by
The euro (EUR) reached a new at 1.3113 against the US dollar (USD). The single currency remains under pressure and formed its new resistance at 1.3145, while is now trading at around 1.3120.
Daily FX Analysis
Sep 02 08:51 GMT, by
There was a small downward revision to the euro-zone PMI manufacturing index at 50.7 from 50.8 which was the lowest reading for 13 months. There was also a fresh retreat in the Italian index to below...
European Markets Opens Higher Amid Increasing QE Hopes
Sep 02 08:14 GMT, by
European shares edged higher on Tuesday morning, bouncing within a recent tight range as investors await the European Central Bank's policy decision later this week amid speculation that slower growt...
More Negative Data Ahead Of ECB Meeting
Sep 02 07:58 GMT, by
A slew of discouraging data on manufacturing activity in European countries came out yesterday, fuelling concerns over fragile economic health in the region. Manufacturing activity in Germany expande...
Technical Analysis Reports
USDCAD Elliott Wave Analysis: Bullish Reversal
Sep 02 08:25 GMT, by
USDCAD has finally turned bullish this summer after a decisive break out of a downward channel in July. A break indicates a completed corrective decline from the high, especially if we also consider ...
Cable Expected To Resume Downtrend Towards 1.65
Sep 02 07:31 GMT, by
On Monday Pound/Dollar increased with 65 pips. The Cable appreciated from 1.6585 to 1.6651 yesterday, in line with the positive money flow sentiment at nearly +11%, closing the day at 1.6604. Today t...
EUR/USD Stands Still At 1.31
Sep 02 07:29 GMT, by
Although EUR/USD has finally reached a major support, the bulls largely remain inactive. As a result, the pair is trading flat. And even if we do see an upward correction, the bias will still be to t...
GBP/USD Returns To May Low
Sep 02 07:28 GMT, by
For now the Cable stays on a bullish path and may gain another 70-80 pips before turning around. Despite the long-term technical indicators mostly giving ‘buy' signals, the current upward momentum is...
USD/JPY Aims For 2014 High
Sep 02 07:26 GMT, by
Despite a high risk of a pull-back to the July high at 103, USD/JPY preserved a strong bullish momentum. However, the currency pair is getting close to a significant supply area above the level of 10...
USD/CHF Charges At 0.9250
Sep 02 07:24 GMT, by
USD/CHF keeps on grinding higher, being that there are no tough resistances nearby. The bullish tendency is expected to persist until the rate touches the 2013 Nov 7 high at 0.9250. However, there th...
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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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