|May 23 03:56 GMT|
Fundamental Analysis Reports
Forex Exchange Morning Report
May 23 03:25 GMT, by
The US dollar index was volatile but ended up at a three-year high. EUR initially rose from 1.2900 to 1.2998 but plunged to 1.2834 after Bernanke's remark. USD/JPY rose from 102.60 to 103.74 - a five...
Bernanke: To Taper, Or Not To Taper, That Is The Question
May 23 03:19 GMT, by
Fed Chairman Ben Bernanke's testimony on the economy to the US Congress, has so far been the epitome of neutral. In typical Bernanke style he has oozed caution, unwilling to side with the doves or th...
Chinese Manufacturing PMI Slows In May
May 23 03:17 GMT, by
Chinese manufacturing sector show slower pace during the month of May amid the recent global instability, which added to signs that the world’s second largest economy faces many challenges an obstacl...
Bernanke Speaks, US Dollar Rallies, Stocks And Bonds Sell Off
May 23 03:15 GMT, by
There was little inconvenient truth in Ben Bernanke's speech and then questions last night that has sent US 10 years yields 11 basis points higher to 2.03% , the S&P and Dow down 0.85% and 0.52% ...
Federal Reserve Minutes Show Debate Over Tapering Purchases Continues
May 23 03:03 GMT, by
The minutes of the Federal Open Market Committee (FOMC) meeting on March 19-20th showed little change in the economic outlook of participants, but an ongoing debate about how long and to what extent ...
FOMC: QE Tapering is Drawing Closer
May 23 02:57 GMT, by
The latest comments from key members of the FOMC, combined with a hawkish twist in this evening's FOMC minutes, suggest that a scaling-down of asset purchases is moving closer. We have so far stuck t...
Technical Analysis Reports
USD/CAD Surges To A New 2013 High, 2012 High In Sight
May 23 03:40 GMT, by
The USD is rallying across the board after Bernanke testified to the Joint Economic Committee. Although he said premature tightening could stifle economic activity, he did not talk about any expansio...
GBP/JPY Breaking Down Short-Term Range Support
May 23 03:37 GMT, by
Ability to push above 156 would mean today's breakdown is a false break and suggests bullish continuation to threaten the 156.76 resistance especially since the prevailing trend is bullish. We might ...
The Daily Wave Analysis
May 23 03:32 GMT, by
Presumably, the Impulse or the Diagonal Triangle (v) of [c] is forming . If this assumption is correct, in the course of the formation development we can expect further upward price movement.
Daily Forex Update: CAD/JPY
May 23 03:31 GMT, by
The pair is expected to fall further toward the target level 96.27 in the following 7 trading days. The stop-level for this bearish forecast is set by Autochartist at 100.975 (point B, which is the t...
EUR/GBP Breaks Out Of Consolidation, More Upside Expected
May 23 03:23 GMT, by
The Bank of England minutes from the May meeting released this morning was largely as expected and showed that Governor King was once again outvoted. The soon-departing Governor voted in favor of a £...
GBPUSD Tests April Lows Ahead Of Key 1.5000 Level
May 23 03:21 GMT, by
Technically, GBPUSD was rebuffed once again into the key 55-day sma around 1.5250/55 earlier in the week. The sharp reversal witnessed thereafter saw Sterling take out the April 23rd low near 1.5195,...
Analysis Report Search
Long Term Forecasts
Is the U.K. Economy (Finally) Turning the Corner?
Apr 29 15:48 GMT, by
Recently released data show that real GDP in the United Kingdom grew 0.3 percent (1.2 percent at an...
Easy Money: Japan's Policy Gamble
Apr 13 04:00 GMT, by
This report focuses on Japan and considers the domestic implications of the bold fiscal and monetar...
A Bird's Eye View of the Global Economy
Mar 19 16:25 GMT, by
The global economy grew by an estimated 2.9% in 2012. The euro zone double dip recession, a softer ...
FX Top Trades 2013: How to Position for the Coming Year
Dec 05 14:55 GMT, by
For the fourth time, we present our year-end FX Top Trades for the coming year. In the years 2010-2...
Implications for UK & Canada from the Appointment of Mark Carney as BoE Governor
Nov 27 11:51 GMT, by
Chancellor Osborne announced today that Mark Carney, currently the Governor of the Bank of Canada, ...
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