|Aug 01 11:50 GMT|
Fundamental Analysis Reports
GBP/USD - Soft UK PMI Drags Down Pound
Aug 01 11:36 GMT, by
GBP/USD has posted strong losses on Friday, as the pair trades in the low-1.68 range in the North American session. The pound has lost about 150 points this week as it trades at six-week lows against...
AUD/USD – Aussie Under Pressure As Inflation Weakens
Aug 01 11:14 GMT, by
AUD/USD continues to lose ground on Friday, as the pair trades in the high 0.93-range in the European session. The struggling Australian dollar has surrendered over 100 points this week and is tradin...
European Market Update: Already Anxious Investors Await US Payroll Data
Aug 01 10:10 GMT, by
Bounces have remained muted for the Euro as deflationary forces appear to be strongly intact despite the Jun ECB measures. Dealers noting that the EUR/USD pair remained very much in bear-trend mode (...
Euro Little Changed After Factory Activity Data, US Jobs Data In Focus
Aug 01 10:08 GMT, by
The euro last traded at $1.33942, down 0.04 percent against the dollar after data showing the pace of business activity in the euro-area sank in July as growing tensions in Ukraine weighed on sentime...
Gold Slips To Six-Week Lows As Markets Eye Nonfarm Payrolls
Aug 01 09:49 GMT, by
Gold prices are stable on Friday, but remain under pressure. The precious metal posted losses a day earlier and dropped below the 1280 line, its lowest level since June 19. In the European session, t...
EUR/USD - Calm Ahead Of Key US Job Data
Aug 01 09:12 GMT, by
The euro is flat on Friday, as EUR/USD continues to trade shy of the 1.34 level in the European session. In economic news, Spanish and Italian Manufacturing PMIs softened in June, disappointing the m...
Technical Analysis Reports
Dow Future Tumbles ahead of NFP as Market Prepares for Life after QE
Aug 01 11:38 GMT, by
Stocks are plunging for a second day and it could potentially get really ugly once the nonfarm payrolls report is released. In normal circumstances, a stronger jobs report would be positive for stock...
GBPJPY - Pulls Back On Correction
Aug 01 10:16 GMT, by
GBPJPY – With a pullback underway, the cross faces further downside pressure. Resistance lies at the 174.00 level where a break will aim at the 175.50 level. A cut through here will aim at the 176.00...
Forex Technical Analysis
Aug 01 10:13 GMT, by
Still in the consolidation pattern below 103.05 and there is a risk of an intraday dip to 102.50 before renewal of the uptrend towards 104.10. Crucial support on the downside lies at 102.30.
Technical Analysis for Crosses
Aug 01 09:50 GMT, by
The pair remained stable above the resistance of the previously breached resistance of the descending channel, and SMA 50 and 100 are still supporting the pair from the downside keeping our bullish i...
Technical Analysis for Major Currencies
Aug 01 08:24 GMT, by
The pair stabilized around 1.3375 at 50% correction that will be the intraday interval for today showing on graph. While waiting for the Jobs Report today, we notice that Linear Regression Indicators...
EUR/USD Eyes 1.33
Aug 01 07:00 GMT, by
EUR/USD continues to grind lower, and it does not seem we are going to observe a pronounced bullish correction before the pair reaches the 2013 Q4 low at 1.33. Then there will be a high chance of a p...
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Long Term Forecasts
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...
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 ...
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