|May 05 00:12 GMT|
Fundamental Analysis Reports
EURUSD Gains Retreating with Greece Weighing on Sentiment
May 04 14:19 GMT, by
The USD is continuing to slowly rebuild some momentum, with the reserve currency trading higher against the majority of its major trading partners to begin the week. It has to be said that the recent...
Event Risk Looking To Support The Dollar This Week
May 04 11:56 GMT, by
Holiday thinned markets (Japan's Golden week holiday Monday-Wednesday and today's U.K May Day celebrations) are managing to keep forex action relatively tight ahead of the open stateside this morning...
UK Election Under Focus, Swiss PMI
May 04 09:59 GMT, by
Latest survey provided by YouGov indicates that Conservatives lead Labour by 1 point at 34% versus 33%; Labour were leading Tories in the last poll from Friday (…). A hung parliament is therefore the...
European Market Update: Major European Manufacturing PMIs Come In Mixed
May 04 09:56 GMT, by
EUR/USD moved into the lower end of recent range in thin trading with UK dealers out for a bank holiday as Euro Zone manufacturing PM slowed in April. The range 1.1070 to 1.1300 area continued to hol...
RBA Eyed, China's Manufacturing PMI Revised Down
May 04 07:50 GMT, by
The last 2 weeks were not easy for dollar bulls with the dollar index down 3.6% at 94.39 on April 30th, the lowest since February 26th. Finally, the greenback got some respite last Friday and even en...
GBP Finds Fibonacci Support
May 04 07:49 GMT, by
The market shrugged off the UK GDP figures which were a big miss early on in the week. Q1 2015 GDP came in at 0.3% q/q, down from 0.6% the previous quarter. US dollar selling ensured the pound was st...
Technical Analysis Reports
USDJPY: "Golden" Breakout Could Target 7.5-Year High
May 04 13:11 GMT, by
Last week, we identified USDJPY as a currency pair that could be ripe for a breakout, noting that, most traders have lost interest in the lackluster trade of USDJPY, but ironically, that's generally...
IMM Positioning: Bullish USD Positions Back At September 2014 Levels
May 04 10:43 GMT, by
IMM positioning data released on Friday showed that the aggregate speculative positioning in the USD saw another week of long covering. Speculators have now unwound their exposure to the ‘greenback’ ...
Today's Market Outlook
May 04 09:34 GMT, by
The Euro closed in red on Friday, after posting marginally higher high at 1.1288, where rally stalled on approach to descending daily 100SMA. Subsequent pullback is resuming lower, after losing initi...
Forex Technical Analysis
May 04 09:27 GMT, by
The recent reversal at 1.5500 resistance area shows, that the whole uptrend since 1.4560 is already over and the bias is negative, for a tight test of 1.5070 support zone. Initial resistance lies at ...
EUR/USD Hovers Below 23.6% Fibo
May 04 08:23 GMT, by
On a short-term chart, EUR/USD is trading in a rather wide range between two major technical levels at 1.1257 (23.6% Fibo) and 1.11 (weekly PP). Strengthened by 100-day SMA and Bollinger band from ab...
GBP/USD Sets Eyes On 1.50
May 04 08:21 GMT, by
The Sterling failed to meet expectations, as it suffered heavy losses on Friday, amid weak fundamentals. The initial support at 1.53 was pierced, and the Cable even fell deeper down under 1.52. Ultim...
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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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