|Mar 10 08:59 GMT|
Fundamental Analysis Reports
Yen Gains As Chinese Exports Fell Unexpectedly
Mar 10 08:18 GMT, by
The euro (EUR) reached its four month high at 1.3915 against the US dollar (USD) on Friday. Better than expected NFP figures on Friday did not help the US dollar to advance against the euro and found...
Chinese Exports Plunge 18.1%, AUD Heavy
Mar 10 08:16 GMT, by
Asia made a weak start to the week. The Chinese exports fell by 18.1% in February, the trade balance turned negative (to USD -22.99 from USD 31.86B) for the first time since 2012. The Hang Seng and S...
Daily FX Analysis
Mar 10 08:15 GMT, by
The headline US payrolls data was stronger than expected with an increase of 175,000 for February from an upwardly-revised 129,000 for January while the unemployment rate ticked up to 6.7% from 6.6%....
Euro Jumps Higher On ECB Decision To Do Nothing
Mar 10 08:04 GMT, by
The dollar was in the defensive in the run-up to the payrolls, but succeeded a cautious rebound as another negative surprise was avoided. Even so, the picture of the (trade-weighted) dollar remains f...
China: Exports Slowing Albeit Far From As Dramatic As Headline Numbers Suggest
Mar 10 07:59 GMT, by
China's exports plunged 18.1% y/y in February (consensus: +7.5% y/y) after rising 10.6% y/y in January while imports were more resilient and increased 10.1% y/y in February after rising 10.0% y/y in ...
US: Labour Market More Resilient Than Expected Despite Negative Impact From Weather
Mar 10 07:52 GMT, by
The labour market report for February was mixed but not as weak as feared. Nonfarm payrolls increased 175k in February (consensus: 149k, DBM: 145k) after rising 129k in January. Net revision for the ...
Technical Analysis Reports
EUR/USD Faces Monthly R1
Mar 10 08:45 GMT, by
Last week's accomplishment, namely a breach of 1.38, opens for EUR/USD a path towards 1.43, the 2010 highs. However, judging by the technical indicators on all relevant time-frames, the currency pair...
GBP/USD Hesitant To Rally
Mar 10 08:44 GMT, by
Although there were not supposed to be any significant resistances nearby, the Sterling was unable to continue advancement. Nevertheless, the near-term outlook is considered to be positive, as the do...
USD/JPY Stops At 23.6% Fibo
Mar 10 08:41 GMT, by
Following an explicitly bullish week USD/JPY was bound to enter a consolidation phase. The currency pair was halted only at 103.38/34 (23.6% Fibo) after covering more than two figures. It may now spe...
USD/CHF Heads Towards 0.87
Mar 10 08:39 GMT, by
USD/CHF's short-run outlook remains bearish. The exchange rate is expected to fall down to 0.87, where it will meet the down-trend support line and the monthly S1. There the greenback will have a goo...
NZD/USD Technicals - RBNZ Rate Hike Expectation Increases Future Downside Risk
Mar 10 08:28 GMT, by
Kiwi Dollar traded slightly lower today, in line with other risk-correlated assets that were depressed on the get go today following weaker Chinese economic numbers over the weekend compounded by Jap...
GBP/USD - Resistance Level At 1.68 Looms Large
Mar 10 07:44 GMT, by
The last few days of last week saw the GBP/USD continue to edge higher back towards the short term resistance level at 1.6750. Just above that level is the resistance level at 1.68 which continues to...
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Long Term Forecasts
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...
USD/JPY - 2013 In Review
Dec 26 02:31 GMT, by
The Bank of Japan continued its radical monetary program in 2013, and the yen responded with sharp ...
GBP/USD - 2013 In Review
Dec 26 02:30 GMT, by
The Bank of England revised its growth forecast for 2013 to 1.6%, up from 1.4% in a previous foreca...
EUR/USD - 2013 in Review
Dec 25 13:46 GMT, by
The ECB is expecting better news in 2014, with the Eurozone economy expected to post growth of 1%. ...
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