|Nov 01 00:59 GMT|
Fundamental Analysis Reports
Canadian August GDP Unexpectedly Drops 0.1%
Oct 31 14:36 GMT, by
Growth in August was expected to be held back by indications of weakening manufacturing activity. Such was confirmed in today's report with this component of GDP declining by 1.2%. This fully reverse...
US Personal Spending Edged Down 0.2% in September
Oct 31 14:35 GMT, by
PCE edged downward by 0.2% in September 2014, thereby disappointing market expectations for a 0.1% increase following unrevised readings of 0.5% and flat in August and July, respectively. The decline...
USD/JPY - Yen Plunges as BoJ Announces Stimulus Surprise
Oct 31 12:58 GMT, by
USD/JPY has climbed sharply on Friday, as the pair trades in the mid-111 range in the European session. The pair jumped after a surprise announcement by the BoJ to increase stimulus by raising its mo...
BoJ's Brings 'Trick or Treat' to Work
Oct 31 11:58 GMT, by
The forex space has been waiting a long time for a plethora of monetary and policy reasons to once again ignite currency moves. For too long, CBanks no-nonsense, low rate approach had been curtailing...
Gold Prices Sink on Strong US Numbers
Oct 31 11:57 GMT, by
Gold prices continue to lose ground on Friday, as the spot price trades at $1174.86 per ounce in the European session. Gold has slipped to its lowest level since 2014, and has tumbled 4.4% since Tues...
Japan: BoJ Expands QE Programme In Surprise Easing Move
Oct 31 11:11 GMT, by
In a big surprise move, the Bank of Japan (BoJ) expanded its QE programme quite aggressively in connection with today's monetary meeting. It expanded the target for the annual expansion in the moneta...
Technical Analysis Reports
Nikkei Surges as BoJ Unexpectedly Expands QE
Oct 31 13:00 GMT, by
One central bank ends QE, another increases it. This is not a trick but a treat for the markets. The global equity markets have surged higher after the Bank of Japan surprised the markets overnight b...
The Daily Wave Analysis
Oct 31 10:39 GMT, by
The confirmation of the EURUSD starting its 5th wave (orange) is when price breaks below the bottom (green line).One of the most likely alternative wave counts (usually there are multiple options) co...
Forex Technical Analysis
Oct 31 10:33 GMT, by
The pattern above 1.2540 is corrective in nature, thus preceding a break through 1.2500 low, en route to 1.2380. Initial intraday resistance lies at 1.2600, followed by the 1.2632 high.
Today's Market Outlook
Oct 31 09:54 GMT, by
The Euro remains under pressure, with fresh weakness off 1.2630, yesterday’s recovery peak, hitting fresh 3 ½ week low, on a probe below yesterday’s 1.2545 low. Yesterday’s close below 1.2660, Nov 20...
Technical Analysis for Major Currencies
Oct 31 09:40 GMT, by
The pair dropped again after touching around the resistance 1.2625 and is trading again below 1.2580. Trading below the referred to level 1.2580 extends the downside move today, while breaking 1.2485...
Technical Analysis for Crosses
Oct 31 09:40 GMT, by
The pair rallied to the upside after confirming the Inverted Head and Shoulders Pattern showing above, and is attempting to breach the second target at 176.35 easing the way to extend the bullish bia...
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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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