|Aug 05 10:27 GMT|
Fundamental Analysis Reports
USD Demand Continues, Weak Swiss Data
Aug 05 10:05 GMT, by
Swiss inflation read was disappointing to anyone expected the growth outlook to be picking up. Headline CPI fell -1.3% from -1.0, against an expected decline of -1.0%. All the major groups saw sizabl...
European Market Update: PMI Services Data Mixed, Swiss July CPI Hits A New Cycle Low And To Keep SNB On Alert
Aug 05 09:54 GMT, by
USD maintained a firm tone after Tuesday commentary from Fed's Lockhart (moderate, FOMC voter) that it could be appropriate to raise rates in Sept. Fed funds futures now implying a 48% probability of...
UK Services Sector Growth Slows In July
Aug 05 09:49 GMT, by
U.K. PMI services retreated to 57.4 in July from 58.5 in June, lower than analysts’ forecasts of 58.0. Despite the slowdown last month, the sector is still experiencing an expansion as the reading is...
Euro Drops As Eurozone Business Growth Eases In July
Aug 05 09:48 GMT, by
The euro traded lower versus the U.S. dollar for a third straight session on Wednesday after report showing Eurozone private-sector growth eased last month. A euro area Composite Purchasing Managers’...
Commodity Currencies: Positioning For A Collapse
Aug 05 08:42 GMT, by
Crude Oil's bounce early this week, had short sellers scrambling from their positions but the reality is that the respite will be short lived. Global prices are forecast to continue their slide in a ...
New Zealand Heading For Dire Straights
Aug 05 08:40 GMT, by
Another fortnight, another drop in dairy prices. The reality for the Kiwi dollar is beginning to look bleak as billions are wiped off the export receipts column of the current account ledger. Can a r...
Technical Analysis Reports
Forex Technical Analysis
Aug 05 09:21 GMT, by
EUR/USD Yesterday's break through 1.0930 low confirms a negative bias, for a test of 1.0820 support zone. Initial intraday resistance lies at 1.0930, followed by the crucial high at 1.0985.
XAU/USD Unable To Recover
Aug 05 09:06 GMT, by
Gold ended trading flat on Wednesday, despite some attempts to rebound above the weekly pivot point at 1,092. Therefore, the price continues hovering around its lowest level in five years at 1,085. B...
USD/JPY To Remain Stuck Around 124.00
Aug 05 08:58 GMT, by
The US Dollar slightly overperformed, as it appreciated 34 pips against the Japanese Yen, rather than expected 25. The USD/JPY, however, risks falling back down, despite bullish technical indicators....
EUR/USD At Two-Week Low After Falling 60 Pips
Aug 05 08:28 GMT, by
EUR/USD was down around 60 pips on Tuesday, thus registering its steepest drop since July 29. As a result, the pair breached the recent low and plunged below 1.09. Currently the Euro is testing the w...
GBP/USD Seeks Support At Two-Week Low
Aug 05 08:26 GMT, by
The Cable was unable to retake the 1.56 major level on Tuesday, as it slumped under the trend-line, amid US official supporting Sept. rate hike. The bullish trend risks coming to an end if the GBP/US...
USDCHF Trades Impulsive Higher, Eyes At 0.9950
Aug 05 08:16 GMT, by
USDCHF made an unexpected deep intraday fall to around 0.9550 on Friday before price bounced back to the highs. We noted that this was likely flat for wave (ii) which is now proving correct because o...
Analysis Report Search
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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