|Sep 23 12:21 GMT|
Fundamental Analysis Reports
Gold Gains on Weak US Housing Data
Sep 23 11:56 GMT, by
Gold has been under strong pressure lately but the metal rebounded nicely on Tuesday. In the European session, the spot price stands at $1233.06 per ounce. There are no major US releases today, but t...
ECB's Headache Now a Migraine After PMI's
Sep 23 11:31 GMT, by
Risk trading strategies found some temporary relief overnight, at least before the Euro session opened from the world's second largest economy - China. It has reversed some of yesterday's market nega...
US Airstrikes Soften Greenback Momentum
Sep 23 11:30 GMT, by
The major news story dominating the headlines as we head into Tuesday's afternoon session involves the US and reported to be Arab allies launching its first air strikes in Syria overnight. As a r...
European Market Update: Weak PMI Data And Geopolitical Concerns Weigh On Risk Assets
Sep 23 10:48 GMT, by
Market Focal Points/Key Themes: European equity markets open lower following negative leads from the US and weak German manufacturing PMI, Profit warnings (Tate & Lyle, Philips, Raiffeisen), US t...
USD Weakness In Reaction To Air Strikes In Syria
Sep 23 10:46 GMT, by
The EURUSD has appreciated today, although I do not think this was encouraged by impressive economic data from the European Union. Instead, the appreciation in the EURUSD is far more likely to be in ...
Euro PMI Still Soft – German Manufacturing Weakens Further
Sep 23 10:41 GMT, by
Euro flash PMI weakened further in September: the composite new orders index slipped to the lowest level since August 2013. It fell to 51.2 in September from 52.4 in August. The weakness was in parti...
Technical Analysis Reports
Important Major Currency Pairs Technical Update
Sep 23 11:59 GMT, by
The pair seems to have found support near 1.2820-1.2800 area, representing 61.8% Fib. retracement level of July 2012 to May 2014 strong rally, and is now headed to test an important resistance near 1...
Gold Jumps on Safe Haven Demand and as Dollar, Stocks Fall
Sep 23 11:39 GMT, by
Risk is off the menu today with stocks plunging and the safe haven yen and gold rising. It is not clear what exactly has caused this latest rise in risk aversion. After all, the conflicts in the Midd...
Forex Technical Analysis
Sep 23 10:31 GMT, by
The intraday bias is positive after yesterday's low at 1.2815, but expect 1.2896 resistance to cap the upside, for a new slide towards 1.2750. Crucial on the upside remains 1.2995 high.
AUDJPY Fell To A New Swing Low
Sep 23 09:49 GMT, by
AUDJPY just fell to a new swing low, but pair may find support for the short-term around 96.00 as decline from 97.90 can be counted in five waves. We know that after every five waves correction follo...
Dollar/Yen Eases Off Six Year Top
Sep 23 09:47 GMT, by
On Monday Dollar/Yen decreased with almost 55 pips. The currency couple depreciated from 109.24 to 108.66 yesterday, not matching the positive money flow sentiment at above +11%, closing the day at 1...
Technical Analysis for Major Currencies
Sep 23 09:13 GMT, by
The pair is still trading below 88.6% correction as showing on graph above. Stability below the mentioned level at 1.2890 keeps the possibility of the downside move. But we notice now that the pair i...
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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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