|Apr 27 10:29 GMT|
Fundamental Analysis Reports
Dollar In The Defensive Despite Rising Tensions On Greece
Apr 27 08:45 GMT, by
On Friday, the dollar lost ground as core bond yields declined. Poor US durable orders were also no help. At the same time, the euro had its ‘issues' too as there was an open rift between Greece and ...
Greece: Clock Is Ticking, Chinese Shares On The Rise
Apr 27 08:39 GMT, by
As expected the meeting of eurozone finance ministers in Riga last Friday has not resulted in an agreement that could potentially unlock the situation in Greece. Yanis Varoufakis, Greece's finance mi...
FOMC To Downplay Q1 Data Weakness
Apr 27 07:19 GMT, by
The April FOMC meeting concludes on Wednesday 29 April and the FOMC statement is released at 20:00 CET. There will be no press conference or updated projections. The tone of the speeches since the Ma...
Business Confidence In Germany Improves, As Ifo Business Climate Index At 10-Month High
Apr 27 07:07 GMT, by
German business morale improved further in the current month, as business confidence surged to the highest level in 10 months, a sign the Euro zone's number one economy is set to pick up steam on the...
US Durable Goods Soar 4% In March Amid Robust Demand For Commercial Aircraft
Apr 27 07:05 GMT, by
US durable goods, a bellwether of business spending, soared considerably more than expected in March. Orders for durable manufacturing goods surged 4% in March, the biggest increase since July 2014, ...
SNB Prepares To Intervene Currency Market, As Franc Is Overvalued
Apr 27 07:03 GMT, by
The Swiss National Bank stands ready to intervene in currency market, the central bank's President Thomas Jordan said. Swiss policy makers have pledged repeatedly to intervene in the FX market in rec...
Technical Analysis Reports
Today's Market Outlook
Apr 27 09:12 GMT, by
The Euro consolidates around 1.0850, daily cloud base and mid-point of last Friday's action that peaked at 1.0898 and subsequent pullback being contained at 1.08 zone. Near-term studies maintain posi...
Forex Technical Analysis
Apr 27 09:01 GMT, by
USD/JPY Current rebound after 118.70 should be considered corrective, preceding another leg downwards, to 118.52, en route to 117.60.
EUR/USD Erodes Monthly PP
Apr 27 08:23 GMT, by
Towards the end of last week, EUR/USD erased important resistance at 1.0811, represented by the monthly pivot point. It allows the pair to build up a prolonged upside correction in the short-term, wi...
GBP/USD Attempts To Surpass 1.52
Apr 27 08:21 GMT, by
The Cable exceeded expectations, as it edged up a lot higher at the end of last week. The initial resistance was easily pierced, as well as the next cluster at 1.5156. Ultimately, the GBP/USD pair st...
USD/JPY Aims To Climb Over 119
Apr 27 08:20 GMT, by
On Friday, the US Dollar slumped more than anticipated. The two closest supports could not stop the USD/JPY pair from declining. As a result, the Greenback crossed the 119 level and closed trade at 1...
XAU/USD Tests 2013 Low For First Time Since March
Apr 27 08:19 GMT, by
Being strongly influenced by downward-sloping 55 and 20-day SMAs, the yellow metal slumped significantly during last trading session of the previous week. Weakness of Gold allowed bears to push the b...
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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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