|Nov 28 15:38 GMT|
Fundamental Analysis Reports
We Expect Euro Inflation to Decline to 0.1% in December
Nov 28 13:08 GMT, by
Euro inflation declined back to 0.3% y/y in November after it was 0.4% y/y in October. The latest decline in oil prices implies, we currently expect inflation to decline to 0.1% y/y in December. Henc...
USDRUB: Will the Russian Authorities Intervene?
Nov 28 12:59 GMT, by
The Ruble has been the worst performing currency in the expanded majors' space this week, falling more than 5% versus the USD and the EUR. If you thought things were bad for the RUB on the back of th...
Week in FX Europe - No Thanksgiving for OPEC
Nov 28 12:53 GMT, by
Energy prices continue to make records. Today, OPEC (the Organization of the Petroleum Exporting Countries) is back calling the shots, and putting the squeeze on global crude producers, commodity cur...
USD/JPY - Steady as Japanese Inflation, Retail Sales Numbers Meet Expectations
Nov 28 12:03 GMT, by
USD/JPY is stable on Friday, as the pair trades in the low-118 range. Japan released a host of data on Thursday, as consumer spending and inflation releases met expectations. On Friday, Housing Start...
USD/CAD – Greenback Rally Continues As 1.14 In Sight
Nov 28 11:17 GMT, by
USD/CAD has posted gains on Friday, as the pair continues to move higher. The Canadian dollar has slumped over Thanksgiving, losing about 150 points since Thursday. USD/CAD is trading just under the ...
OPEC Decision Hits NOK, CAD And RUB
Nov 28 11:04 GMT, by
OPEC refrained from taking action in November 27th meeting. The 12-country group kept the daily production ceiling unchanged at 30 million barrels, despite calls from some members to adjust productio...
Technical Analysis Reports
Gold Lower as Swiss Referendum Looms; Key Level Being Tested
Nov 28 12:54 GMT, by
As reflected in the falling price of gold over the past three sessions, traders are clearly not feeling confident that Switzerland will vote 'Yes' on Sunday's referendum on the Swiss National Bank's ...
Today's Market Outlook
Nov 28 10:22 GMT, by
The Euro lost traction after failing to sustain gains above pivotal 1.25 barrier, as subsequent two-legged reversal off fresh 1.2530 high, fully retraced the upleg from 1.2440 higher low 26 Nov. Yest...
EUR/USD Consolidates Above Weekly PP
Nov 28 09:52 GMT, by
The EUR/USD went down to the levels seen on Tuesday of this week, as the weekly R1 at 1.2532 was able to push the shared currency to the downside. At the moment the cross is hovering just above the w...
GBP/USD Drops Below 1.5750
Nov 28 09:50 GMT, by
It seems that a resistance area, represented by monthly S1 and weekly R2 around 1.5810 was strong enough to push the Cable to the south on Thursday. The cross fell below the weekly R1 at 1.5725, but ...
USD/JPY Returns Above 2007 Oct High
Nov 28 09:49 GMT, by
After a short-term recovery of the Japanese yen, this currency fell again, as the USD/JPY currency pair returned back to hover above the 2007 Oct high around 118. This year's high is located just bel...
Demand At 0.96 Pushes USD/CHF To Trade Higher
Nov 28 09:47 GMT, by
USD/CHF bounced from the major level at 0.96 and inched higher on Thursday, but it is still capped by a resistance at 0.9645, represented by weekly pivot point. Nevertheless, we expect the cross to o...
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Long Term Forecasts
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...
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...
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