|Dec 19 09:19 GMT|
Fundamental Analysis Reports
Renminbi Weakens To Levels Not Seen Since June
Dec 19 09:03 GMT, by
The Renminbi weakened overnight against the US Dollar to 6.2295, a level not seen in the past six months, with ongoing concerns that China’s economy is continuing its downturn. The weakness in the Re...
New Zealand's Economy Grows More Than Expected In September Quarter
Dec 19 08:58 GMT, by
New Zealand's economy expanded at a faster than expected pace in the third quarter as low interest rates and record immigration boosted consumption, while primary-industry production rose to a 15-yea...
SNB Introduces Negative Deposit Rate To Stave Off Inflows
Dec 19 08:51 GMT, by
The Swiss National Bank slashed deposit rate, sending it to the negative territory, to limit inflows from investors seeking a safe haven place to park their cash. Policy makers in the Alpine nation i...
British Retail Sales Surge To 10-Year High On Black Friday Discounts
Dec 19 08:49 GMT, by
Britain's retail sales surged above estimates on month in November, while year-on-year sales rose at the fastest pace in 10 years as US-style Black Friday bolstered sales of electrical appliances and...
Jobless Claims Decline, Services PMI Falls
Dec 19 08:48 GMT, by
The number of Americans seeking first-time unemployment benefits declined last week and remained near the lowest level in 14 years, the latest sign of strengthening labour market. Jobless claims fell...
Business Morale Among German Executives Improves In December
Dec 19 08:46 GMT, by
Business morale among German top executives improved in December, reinforcing the view that Europe's number one economy is on course to pick up in the final quarter of the year after narrowly avoidin...
Technical Analysis Reports
USDCHF Elliott Wave Analysis: Uptrend Continuation
Dec 19 09:05 GMT, by
USDCHF is already at the highs, now moving up in wave (5) as new count suggests a completed fourth wave at 0.9552. Current upward reaction is very strong so looks like that bullish momentum could lif...
Daily FX Report
Dec 19 07:36 GMT, by
Fed Chair Janet Yellen said policy makers are likely to hold rates near zero at least through the first quarter even as the U.S. economy strengthens. The clarification of policy plans boosted equitie...
Foreign Exchange Market Commentary
Dec 19 04:22 GMT, by
THE EURO closed lower on Thursday. The lowrange close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are neutral to bearish signallin...
Daily Technical Analysis
Dec 19 04:09 GMT, by
The EURUSD continued its bearish momentum yesterday bottomed at 1.2264. The bias remains bearish in nearest term testing 1.2250 – 1.2200 area. Immediate resistance is seen around 1.2320. A clear brea...
Market Morning Briefing
Dec 19 03:35 GMT, by
SNB's negative official bank rates are the first such move by major central bank. SNB's Euro-peg has been supporting Euro by bidding it. With the bids, gone Euro plummeted. This move also highlights ...
AUD/USD – Runs Into Resistance At 0.82 Again
Dec 19 03:13 GMT, by
In the last 24 hours the Australian dollar has rallied strongly back up only to run into strong resistance at the 0.82 level, which is presently offering strong supply. The day before saw it fall eve...
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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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