|Jul 03 06:11 GMT|
Fundamental Analysis Reports
European Open Briefing
Jul 03 05:47 GMT, by
Overnight, the Australian Dollar declined from 0.7640 to a low of 0.7566 after disappointing Australian retail sales data, followed by a weaker than expected Chinese Services PMI print. The pair has ...
Asian Market Update: AUD Falls On Lower Than Expected Retail Sales, Shanghai Plummets Again
Jul 03 05:45 GMT, by
Shanghai Composite continued its string of particularly large Friday losses, falling by as much as 7% in the morning session before settling off by about 3% going into the break. Policymakers are sho...
AUD/USD: Australian Retail Sales Missed Market Forecasts
Jul 03 05:43 GMT, by
The pair is expected to find support at 0.7555, and a fall through could take it to the next support level of 0.7528. The pair is expected to find its first resistance at 0.7635, and a rise through c...
EUR/USD: Euro Trading Marginally Higher Ahead Of The Euro-Zone's Services PMI Data
Jul 03 05:41 GMT, by
The pair is expected to find support at 1.1054, and a fall through could take it to the next support level of 1.1014. The pair is expected to find its first resistance at 1.1128, and a rise through c...
GBP/USD: Pound Trading A Tad Higher Ahead Of UK's Services PMI Data
Jul 03 05:39 GMT, by
The pair is expected to find support at 1.5571, and a fall through could take it to the next support level of 1.553. The pair is expected to find its first resistance at 1.5647, and a rise through co...
USD/JPY: Japan's Services Sector Remained In Positive Territory For The Third Consecutive Month
Jul 03 05:38 GMT, by
The pair is expected to find support at 122.67, and a fall through could take it to the next support level of 122.27. The pair is expected to find its first resistance at 123.60, and a rise through c...
Technical Analysis Reports
Daily FX Report
Jul 03 06:05 GMT, by
U.S. markets will be closed on Friday in observance of Independence Day. On Wall Street on Thursday, major stock indexes logged losses, after employment data was not as robust as many had expected. E...
Foreign Exchange Market Commentary
Jul 03 03:48 GMT, by
THE EURO closed slightly higher on Thursday. The midrange close sets the stage for a steady opening when Friday's night session begins trading. Stochastics and the RSI are turning neutral to bearish ...
Daily Technical Analysis
Jul 03 03:39 GMT, by
The EURUSD was indecisive yesterday. The bias is neutral in nearest term. Potential daily range to be closely watched is seen between 1.1150 – 1.1030. A clear break above 1.1150 could trigger further...
U.S Banks Will Be Closed In Observance Of Independence Day
Jul 03 03:37 GMT, by
Overall, the EUR/USD saw very little movement yesterday. The mid-level number 1.1050 held going into the NFP report which came in lower than expected at 223k jobs. This saw a conservative wave of bid...
Market Morning Briefing
Jul 03 03:37 GMT, by
The only two notable movements have been in Dollar-Yen and Aussue. Dollar-Yen (123.03) rose past 123.50 to a high near 123.72, but was unable to sustain the rise and fell back. It may trade quiet bet...
AUD/USD – Continues To Rely Upon Support Level At 0.76
Jul 03 02:31 GMT, by
In the last 24 hours the AUD/USD has again tested the key support level at 0.76 and enjoyed some solid support. In the last few days the Australia dollar is starting to feel some selling pressure fro...
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Long Term Forecasts
Euro Area Outlook for 2015: Impact of Broad-Based QE
Jan 17 03:46 GMT, by
The expected ECB QE programme will support economic activity through a number of channels and hence...
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...
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