|Sep 02 08:26 GMT|
Fundamental Analysis Reports
AUD/USD Hit By Weak GDP Data, Asian Equities Lower
Sep 02 07:48 GMT, by
Canada's June GDP surprised to the upside yesterday as it came in at 0.5%m/m versus 0.2% median forecast and -0.2% previous reading while the economy contracted by 0.5% saar during the second quarter...
Dollar Running Into Resistance
Sep 02 07:17 GMT, by
Yesterday, the dollar lost some ground against the yen and the euro as global equities sold off. However, the damage was limited given the losses on global equity markets. Investors apparently didn't...
Canada's Economy Slides Into Recession In Q2
Sep 02 07:07 GMT, by
The worst expectations were confirmed as the Canadian economy slid into recession in the first half of the year for the first time since the Great Recession. Canada's economic output contracted 0.5% ...
Euro Zone Unemployment Rate At 3-Year Low, Italy Grows 0.3% In Q2
Sep 02 07:06 GMT, by
The jobless rate in the 19-nation currency bloc declined more than expected in July, reaching the lowest level in more than three years. The Euro zone unemployment stood at 10.9% in the reported mont...
Growth In US Manufacturing Sector Decelerates In August, Construction Spending At 7-Year High
Sep 02 07:04 GMT, by
Activity in the US manufacturing sector slowed in August to the weakest level in more than two years, while construction spending surged to the highest level in more than seven years. According to th...
Growth In UK Manufacturing Sector Slows In August, Net Lending Increases Most Since 2008
Sep 02 07:02 GMT, by
Growth in British manufacturing sector slowed in August as export orders dropped for a fifth straight month. UK manufacturing PMI dropped to 51.5 last month, compared with 51.9 in July. Markit Econom...
Technical Analysis Reports
Today's Market Outlook
Sep 02 08:02 GMT, by
The Euro consolidates under fresh recovery highs at 1.1318/31, posted yesterday. Consolidation is entrenched within 100-pips range and expected to precede fresh attempts higher. Yesterday's long bull...
EUR/USD Was Stopped By 23.6% Fibo
Sep 02 07:57 GMT, by
EUR/USD advanced for a third working day in a row on Tuesday, but the cross failed to overcome the nearest resistance at 1.1295 (23.6% Fibo) and close above the 1.13 round level. According to daily t...
GBP/USD Stuck Around 1.53
Sep 02 07:56 GMT, by
The Sterling fell to the lowest in in two months on Tuesday, as weak UK PMI data put pressure along with the plunging equity markets around the world. As a result, the support cluster around 1.5320 w...
USD/JPY Attempts To Regain Its Bullish Momentum
Sep 02 07:55 GMT, by
The US Dollar suffered more losses on Tuesday, amid weaker-than-expected fundamental data from both the US and China. The USD/JPY breached the immediate support cluster and ultimately fell under the ...
XAU/USD Failed To Overcome Weekly PP
Sep 02 07:54 GMT, by
Gold attempted to advance higher on Tuesday, but any gains were capped by the weekly pivot point at 1,140. In case bulls and unable to push the price above this resistance of medium difficulty, then ...
Foreign Exchange Market Commentary
Sep 02 07:46 GMT, by
THE EURO was higher due to short covering overnight as it consolidates some of this month's decline. Stochastics and the RSI are neutral to bearish signalling that sideways to lower prices are possib...
Analysis Report Search
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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