|Jul 24 10:40 GMT|
Fundamental Analysis Reports
European Market Update: UK Jun Retail Sales Disappoints
Jul 24 10:26 GMT, by
The Major European PMI data helped the EUR currency move off recent lows. Markets were looking for modest corrections in today's data. The EUR/USD moved off 8-month lows as it held above its 200-week...
Asian Equities Mixed, China's Factories Bolster Recovery Hopes
Jul 24 10:18 GMT, by
Asian stock turned mixed on Thursday, with the regional benchmark index poised to extend a six-year high, after Chinese manufacturing gauge rose to its strongest reading in 18 months. A manufacturing...
UK Retail Sales Rise Less Than Forecasts In June As Clothing Plunge
Jul 24 08:55 GMT, by
U.K. retail sales rose less than forecasts in June on a drop in clothing sales after stores postponed discounting due to the hot weather. The reading including auto fuel showed 0.1 percent advance af...
Kiwi Is Under Pressure
Jul 24 08:35 GMT, by
The euro (EUR) remains range bound near its 8-month low against the US dollar (USD) at around 1.3458. The pair remains under pressure, ahead of the US Unemployment claims due at 12:30 GMT and better ...
Euro Area Manufacturing, Services Widen Expansion In July
Jul 24 08:34 GMT, by
Euro area manufacturing and services widened expansion in July to raise hopes recovery in the euro area is gathering momentum once again. PMI composite of manufacturing and services came in at 54.0 t...
Is Europe Ready For Russian Sanctions?
Jul 24 08:02 GMT, by
The Russian economy is on the brink of recession even before the U.S. announced fresh sanctions. After 15 years of solid growth mostly driven by higher commodity prices Russia's economy is now facing...
Technical Analysis Reports
Dollar/Yen Supported By Short Term Yields
Jul 24 10:29 GMT, by
On Wednesday Dollar/Yen traded within small 25 pip range. The currency couple appreciated from 101.30 to 101.57 yesterday, matching the positive money flow sentiment at nearly +7%, closing the day at...
Forex Technical Analysis
Jul 24 10:24 GMT, by
Current rebound at 1.3437 signals, that the slide from 1.3550 is over and the pair has entered a consolidation mode, preceding next sell-off towards 1.3280. Key resistance on the upside is the alread...
Technical Analysis for Crosses
Jul 24 10:17 GMT, by
The pair rebounded to the upside after testing 172.50 yesterday, while the pair is still limited between confirmation levels represented in the support 172.50 and resistance 174.25 waiting to breach ...
Technical Analysis for Major Currencies
Jul 24 10:17 GMT, by
Despite the pair's weakness, the downside move is still ongoing and is currently moving towards the next technical target 1.3375 represented in 50% correction. The bearish possibility is valid suppor...
Today's Market Outlook
Jul 24 08:31 GMT, by
The Euro establishes below 1.35 handle and continues to move lower after closing below pivotal support and brief consolidation, which occurred before fresh push lower. Overall bearish structure keeps...
USDCAD May Hit 1.0800 Level In The Next Couple Of Days
Jul 24 08:29 GMT, by
USDCAD moved sharply up from 1.0628 two weeks back which can be wave (iii) of a new bullish impulsive cycle. The reason for bullish view is also current slow price action around 1.0730 that has chara...
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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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