|Aug 21 10:07 GMT|
Fundamental Analysis Reports
Dollar Strengthens After FOMC Minutes
Aug 21 09:44 GMT, by
The euro (EUR) crashed yesterday against the US dollar (USD) at 1.3245, the lowest point since September. Today the European Manufacturing and Services PMI will be announced and are expected to be at...
Eurozone Growth Stalls As Manufacturing Loses Momentum
Aug 21 09:22 GMT, by
The euro zone economy expanded in August but at very 'subdued and fragile' pace, Markit said in its flash Eurozone Purchasing Managers' Index report for August on Wednesday. This is no surprise news ...
European Shares Rises, Investors Weigh Fed Stimulus Hopes
Aug 21 09:05 GMT, by
European stocks traded sharply higher on Thursday, after fluctuating in early trades, as bets the Federal Reserve will continue to support the economy outweighed a slowdown in manufacturing growth in...
China: Manufacturing PMIs Appear To Have Peaked, Possible Stimulus Limits Downside Risk
Aug 21 08:46 GMT, by
The flash estimate for China's Markit/HSBC manufacturing PMI in August declined to 50.3 (consensus: 51.6, DBM: 51.9) from a final reading of 51.7 in July. This is the lowest level since May.
Japan Exports Rebound, Raising Hopes For Economic Growth
Aug 21 08:33 GMT, by
Japan exports rebounded in July following two consecutive declines in a tentative sign that overseas demand started to strengthen, which could fuel hopes that exports could offset a drop in consumer ...
Canada's Wholesale Sale Rise In June
Aug 21 08:32 GMT, by
Canada wholesale sales soared for a third consecutive in June, advancing 0.6% to $53 billion from May and volume of sales rose 0.7%, with increases in most sectors offsetting drops in autos and perso...
Technical Analysis Reports
Dollar/Yen Extends Gains, Closing To 104
Aug 21 10:00 GMT, by
On Wednesday Dollar/Yen continued increasing significantly with 95 pips. The currency couple appreciated from 102.89 to 103.85 yesterday, matching the positive money flow sentiment at over +22%, clos...
Forex Technical Analysis
Aug 21 09:49 GMT, by
Current rebound above 1.3239 signals a reversal of the slide from 1.3411, but I believe it is only a corrective one, preceding another dip towards 1.3090. Initial intraday resistance is seen at 1.330...
Today's Market Outlook
Aug 21 08:41 GMT, by
The Euro continues to trend lower, with fresh acceleration below 1.33 handle, testing levels below initial 1.3247, Fibonacci 38.2% retracement target. Further bears are expected to test the next targ...
GBPUSD Elliott Wave Analysis: Impulsive Bearish
Aug 21 08:15 GMT, by
GBPUSD moved even lower in this week, now beneath 1.6600 that can represent final stages of wave (v) in 3 that may seek for a support around 1.6500/1.6550. We still believe that rather sooner than la...
Cable Slips On Fed Raising Rate Expectations
Aug 21 07:44 GMT, by
On Wednesday Pound/Dollar decreased with 100 pips. The Cable depreciated from 1.6690 to 1.6589 yesterday, in line with the negative money flow sentiment at under -19%, closing the day at 1.6593. Toda...
EUR/USD Heads Towards 1.31
Aug 21 07:41 GMT, by
Despite toughness of the demand area around 1.33 and ‘buy' signals on the monthly chart, the bears continued to push the price lower. The currency pair has already closed beneath the 2013 Q4 low and ...
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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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