|Jul 06 09:10 GMT|
Fundamental Analysis Reports
Euro Tumbles To One-Week Low After Greek Referendum, Yet Recovers Losses
Jul 06 09:01 GMT, by
The euro fell to a one-week low versus the U.S. dollar after Greeks rejected austerity measures demanded by creditors in a referendum on Sunday, yet it recovered most of the losses on expectations th...
Greek People Vote 'NO'
Jul 06 08:54 GMT, by
EUR/USD is down 1 figure, EUR/CHF reached 1.0360, stock markets trade into negative territory. There is no doubt Greek people voted “NO” at 61.3% in yesterday’s referendum and chose to back Tsipras’ ...
Pound Wedges Higher
Jul 06 08:29 GMT, by
The pound traded lower throughout the week thanks to a surge in the USD on the uncertainty in global markets. There were some mixed results from a UK economic point of view which didn't help. A posit...
Greece Votes 'Oxi', Entering Unchartered Territory
Jul 06 08:10 GMT, by
The overwhelming majority of Greek voters decisively rejected the aid package. Some 61.3% voted 'no' to bailout programme, against 38.7% who voted 'yes'. The rejection is likely to be the biggest fac...
British Services PMI Jumps To 58.5 In June, Up From 56.5 In May
Jul 06 07:49 GMT, by
Activity in the UK services sector rose more than expected last month, suggesting the UK economy picked up momentum going into the second half of the year. The Markit/CIPS services PMI climbed by 2 p...
Australia's Retail Sales Rise In May, Albeit At A Slower Pace Than Expected
Jul 06 07:42 GMT, by
Australia's retail sales rebounded in May after a soft performance in April, but remained weaker than economists had expected, according to the Australian Bureau of Statistics. Retail spending increa...
Technical Analysis Reports
Today's Market Outlook
Jul 06 08:44 GMT, by
The Euro gapped lower at the beginning of the week, on expected action on Greek’s ‘No’ vote on Sunday. The single currency remains under pressure after today’s 110-pips gap, however, last Monday’s lo...
Forex Technical Analysis
Jul 06 08:32 GMT, by
EUR/USD The recent failures at 1.1125 led to a renewal of the downtrend, currently aiming for a break through 1.0954, en route to 1.0820 area. Initial resistance lies at 1.1064.
EUR/USD Opens Lower After Greek Referendum
Jul 06 08:27 GMT, by
EUR/USD has been considerably sold off in the morning on Monday after a quiet trading session last Friday, as market participants are pricing in results of the Greek referendum. Despite that, the pai...
GBP/USD Anchored Around 1.5550
Jul 06 08:25 GMT, by
Despite better-than-expected UK fundamental data, the Cable still sustained losses at the end of last week. The strong support cluster around 1.56 was breached, as the pair extended its bearish two-w...
USD/JPY To Attempt To Reclaim 123.00
Jul 06 08:24 GMT, by
The US Dollar failed to withstand the pressure against the Yen, as pierced the 123.00 major level on Friday. However, the USD/JPY only reached a daily low of 122.60, rather than 122.40. On Monday, tr...
Safe-Haven Dollar To Send XAU/USD Down
Jul 06 08:23 GMT, by
The bullion gained value for the first time in four days last Friday, and the trading opened even higher around 1,174 Monday, pricing in the result of the Greek referendum. However, gains are likely ...
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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