|Jul 30 15:08 GMT|
Fundamental Analysis Reports
US GDP Jumps by a Stronger than Expected 4.0%
Jul 30 13:46 GMT, by
The advance estimate of US second-quarter 2014 GDP growth was 4.0%, thereby marking a larger than expected rebound (market expectations had been for a 3.0% increase) and following a revised 2.1% decl...
Stellar US GDP Drives Dollar - What Will it Mean for Fed Policy?
Jul 30 13:37 GMT, by
For weeks now, both USD bulls and bears have had today marked on their calendars as one of the most important days for US economic data of the entire summer. While we're only in the eye of the econom...
USD/JPY - Dollar Hits Six-Week Highs on Weak Japanese Data
Jul 30 13:18 GMT, by
USD/JPY continues to post gains on Wednesday, as the pair has climbed to the low-102 range. The yen has been struggling, and has surrendered about 100 points in just over a week. On the release front...
Gold Flat at $1300 Ahead of Key US Data, Fed Statement
Jul 30 12:06 GMT, by
Gold is listless on Wednesday, as the metal hugs the $1300 line late in the European session. On the release front, it's a busy day, with three key events out of the US - Advance GDP, ADP Nonfarm Pay...
FX In Choppy Trade Before FOMC Outcome, Dollar Outperforms
Jul 30 11:10 GMT, by
Volatility is still the main theme across the financial markets on Wednesday, where traders are giving much of their focus to the Federal Reserve`s upcoming policy decision to offer FX direction. The...
Gold And Oil Fluctuate In Europe Ahead Of Fed Statement, EIA Report
Jul 30 10:47 GMT, by
Gold and oil edged slightly higher in midday European trades, yet prepared for a potentially volatile session with a string of closely watched events on the horizon out of the United States. Gold and...
Technical Analysis Reports
Technical Overview - GBPUSD, USDJPY and GBPJPY
Jul 30 13:43 GMT, by
On Tuesday, the pair decisive dropped below 50-day SMA support, confirming the continuation of short-term down-trend as depicted by a descending channel formation on 4-hourly chart. The pair is curre...
Technical Outlook: USDCAD, USDCHF, EURCAD and EURCHF
Jul 30 12:14 GMT, by
Having closed above its 200-day SMA and 61.8% Fibonacci Retracement Level of its up move, connecting December 2013 lows to March 2014 highs, the USDCAD is trading near six week high. Also, the MACD i...
The Quiet Before the Storm? S&P Future Slightly Higher ahead of Key US Data
Jul 30 12:09 GMT, by
US index futures are slightly higher following the retreat on Wall Street yesterday, but they could move more sharply depending on the outcome of US data ahead of the opening bell. In Europe, it has ...
USDCAD - Extends Its Bullish Offensive
Jul 30 10:02 GMT, by
USDCAD - With USDCAD rallying strongly on Tuesday, further bullishness is now envisaged. On the upside, resistance is seen at the 1.0900 level followed by the 1.0950 level. Further out, resistance co...
Dollar/Yen Climbs Over 102 Before Fed Rates
Jul 30 09:29 GMT, by
On Tuesday Dollar/Yen increased with 35 pips. The currency couple appreciated from 101.80 to 102.16 yesterday, matching the positive money flow sentiment at around +9%, closing the day at 102.10. Thi...
EURUSD Elliott Wave Analysis: Impulse Downtrend
Jul 30 09:22 GMT, by
EURUSD keeps trading lower, now at 1.3400 level where pair could find some support and rallied into a correction. The reason is five waves of decline from 1.3640 which makes an extended structure of ...
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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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