|Mar 07 19:14 GMT|
Fundamental Analysis Reports
Weekly Focus: ECB Raises Bar for More Easing
Mar 07 17:02 GMT, by
The ECB has raised the bar for further easing and imminent easing is no longer on the cards. The ECB's inflation forecast is still too optimistic and it is our view that low inflation will eventua...
Positive Job Gains, Better Income, Weak Total Hours
Mar 07 16:59 GMT, by
After several months of weak job numbers, the February gain of 175,000 jobs, despite the weather, is reassuring that the labor market continues to improve and that economic growth will pick up in the...
US February Employment Rises More than Expected
Mar 07 16:56 GMT, by
February 2014 payroll employment rose a stronger than expected 175,000 following upwardly revised gains in both January 2014 of 129,000 (previously 113,000) and December 2013 of 84,000 (75,000). Mark...
US Trade Deficit Increased to $39.1 Billion in January
Mar 07 16:54 GMT, by
The nominal US trade deficit unexpectedly widened in January 2014, by inching up to $39.1 billion from a revised $39.0 (was $38.7) billion shortfall in December 2013. Markets had expected a smaller $...
Canada's Labour Market Posted Mild Job Losses in February, Unemployment Rate Steady at 7.0%
Mar 07 16:53 GMT, by
Canadian employment decreased by 7,000 in February 2014, following the 29,400 increase in January 2014 and a 44,000 drop in December 2013. Expectations had been for a gain of 15,000. The combination ...
Canada's January Merchandise Trade Deficit Narrowed
Mar 07 16:51 GMT, by
The January 2014 merchandise trade deficit narrowed to $0.18 billion from an upwardly revised $0.92 billion shortfall in December 2013 that was previously reported as a $1.66 billion deficit. Market ...
Technical Analysis Reports
AUD/USD in Major Technical Breakthrough as We Await the NFP
Mar 07 13:07 GMT, by
The Aussie broke above a key resistance level on Thursday following the release of some cheerful trade and retail sales figures out of Australia. Overnight, the AUD/USD extended its gains as it found...
EURUSD Threatening 1.3892 2013 High
Mar 07 09:27 GMT, by
Today is a big day for the markets; the US NFP report will be released later at 13:30GMT. The expectations are 151K. Number above it will send the USD higher and EUR would reverse from resistance whi...
Technical Analysis for Major Currencies
Mar 07 09:18 GMT, by
The pair moved to the upside yesterday and stabilized within the medium-term ascending channel that dominated trading since bottom 1.2756. Stabilizing above 1.3810 is positive and might extend the up...
Technical Analysis for Crosses
Mar 07 09:17 GMT, by
The pair maintained stability above 172.00 after trading positively Thursday, and that continues to support general positivity today and trading within the main ascending channel shown on graph. The ...
EUR/USD Breaches 1.38
Mar 07 08:15 GMT, by
Although there were good reasons to believe that EUR/USD would not surge above 1.38, the currency pair approached the Dec 27 high and seems to be willing to remain on a bullish path for now. If this ...
GBP/USD Eyes 1.69
Mar 07 08:13 GMT, by
GBP/USD continues to move north. Right now the currency pair is supported by the weekly PP and the 20-day SMA at 1.6695/91, but does not face any significant resistances. Accordingly, the chance of f...
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Long Term Forecasts
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 ...
GBP/USD - 2013 In Review
Dec 26 02:30 GMT, by
The Bank of England revised its growth forecast for 2013 to 1.6%, up from 1.4% in a previous foreca...
EUR/USD - 2013 in Review
Dec 25 13:46 GMT, by
The ECB is expecting better news in 2014, with the Eurozone economy expected to post growth of 1%. ...
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