|May 06 09:31 GMT|
Fundamental Analysis Reports
USD Decline Slows Despite Uninspiring US ISM
May 06 07:41 GMT, by
On Friday, the dollar was in the defensive for most of the day, but fortunes changed later in the session as US bond yields rose. Hawkish Fed talk might have played a role. Was Friday's price action ...
A Rock And A Hard Place Snags The RBNZ
May 06 07:40 GMT, by
It's been a tough old day for the Reserve Bank of New Zealand (RBNZ) with some disappointing data out of New Zealand over the last 24 hours. A rate cut might seem the logical answer to combat a slowi...
Silver Looking For A Break Out
May 06 07:34 GMT, by
The past few days have seen silver consolidating sideways as it looks for some direction in the midst of a bevy of mixed US economic data. Despite attempting to push higher, silver has met some stron...
NZD Dragged Down By Poor Jobs Data, EURUSD Erases Previous Losses
May 06 07:27 GMT, by
NZD/USD got hammered last night after the release of softer-than-expected labour data. In the first quarter, unemployment rate increased to 5.8% verse 5.5% expected (prior read revised up by 0.1% to ...
European Open – Greece, PMIs And US Jobs In Focus
May 06 06:43 GMT, by
European futures are pointing to a slightly stronger open on Wednesday, ahead of the first of three extremely important days for financial markets. Today there are two big focuses, economic data and ...
New Zealand Unemployment Remains At 5.8%, As Participation Rate At All-Time High
May 06 06:36 GMT, by
New Zealand's unemployment rate remained unchanged in the first quarter as the participation rate in the jobs market reached its highest level on record. The number of people in the workforce rose to...
Technical Analysis Reports
EUR/USD Resumes Growing
May 06 08:03 GMT, by
After two consecutive days of losses, EUR/USD renewed its bullish trend on Tuesday, while growth continues taking place in the early morning on Wednesday. Still, considerable resistance is created by...
GBP/USD Regains Bullish Momentum
May 06 08:01 GMT, by
Sterling found more support at the 100-day SMA, as it prevented the GBP/USD pair from falling yesterday. The nearest resistance, namely the monthly PP, was easily pierced, as the Cable negated Monday...
USD/JPY: Further Weakness Expected
May 06 07:59 GMT, by
USD/JPY experienced substantial volatility on Tuesday. The Buck stretched out towards 120.50 and 119.70, failing to reach the worst-case scenario low of 119.64. 55-day SMA provided sufficient support...
XAU/USD To Test Resistance At 1,194
May 06 07:58 GMT, by
Gold traded on the upside during the trading session on Tuesday. Positive momentum was provided by the weekly PP at 1,187, even though the precious metal faced a dense cluster of resistances ahead of...
Daily FX Report
May 06 05:27 GMT, by
Oil prices hit their highest for the year on Tuesday, aided by a disruption in Libyan crude exports, higher selling prices for Saudi oil and a weaker dollar that tends to inflate commodity prices. Si...
EURJPY - Reverses Higher, Eyes The Further 135.27 Level
May 06 05:00 GMT, by
EURJPY- Having taken back its intra day losses to close higher on Tuesday, risk of further move higher is now envisaged. Resistance lies at the 135.00 level. Further out, resistance resides at the 13...
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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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