|May 22 08:27 GMT|
Fundamental Analysis Reports
Dollar Rebound Running Into Resistance As US Data Fail To Convince
May 22 08:23 GMT, by
Yesterday, EUR/USD showed some technically inspired intraday swings. At the end of the day, the dollar traded slightly lower against the euro and the yen. This morning, the USD is still in the defens...
Power For The Pound Bulls
May 22 08:13 GMT, by
The Pound bulls went on a rampage yesterday, with the GBP punishing the majority of its trading partners following UK retail sales being announced much higher than expected. Aside from inflation risk...
Dollar Lower Amid Poor US Data, Yellen, CPI
May 22 08:11 GMT, by
The month of April was a disappointment. Despite encouraging housing data on Tuesday, all other indicators point toward a delay in economic recovery as the Philadelphia Fed survey (6.7 versus 8 expec...
China's Manufacturing Activity Continues To Decline In May
May 22 07:52 GMT, by
China's manufacturing activity declined for the third consecutive months in May as demand remained weak, fuelling expectations for more stimulus to support the growth in the world's second biggest ec...
BoJ Unbeat On Economy, Keeps Stimulus On Hold
May 22 07:02 GMT, by
The Bank of Japan refrained from adding more monetary stimulus and expressed more upbeat view on the world's third largest economy, as a rebound in consumption boosted services sector's sentiment to ...
UK Retail Sales Rebound Strongly In April
May 22 06:59 GMT, by
UK retail sales unexpectedly jumped in Aprils as warm weather boosted clothing demand the most in four years. The volume of sales including auto fuel soared 1.2% from March, the Office for National S...
Technical Analysis Reports
AUDUSD Could Make Corrective Pause Before Continues Much Lower
May 22 08:16 GMT, by
AUDUSD reached new highs last week at 0.8160 where could be the end of a corrective rally from March lows if we consider recent turn down through the lower side of a trading channel, deeply back into...
EUR/USD Fails To Return Back Above 100-Day SMA
May 22 08:06 GMT, by
Despite EUR/USD's attempts to return back above the 100-day SMA at 1.1147, the key attention remains on the downside and the closest support level at 1.1013 (weekly S2). This demand is accompanied by...
GBP/USD Attempts To Negate Weekly Losses
May 22 08:05 GMT, by
The Sterling appreciated against the US Dollar for the second day yesterday. The British currency almost managed to erase Tuesday's losses, with the session high even stretching out to 1.57. However,...
USD/JPY Falls Beneath 121
May 22 08:02 GMT, by
On Thursday, the US Dollar suffered losses, amid worse-than-expected fundamentals. However, the Bollinger band at 121.04 managed to stop the USD/JPY pair from falling too deep. Further weakness is ex...
XAU/USD Is Unchanged Below Weekly PP
May 22 08:01 GMT, by
Yesterday, the bullion registered no substantial price movements. The key resistance zone remains in place around 1,210. This cluster of supply levels is represented by 100 and 200-day SMAs, weekly P...
Today's Market Outlook
May 22 06:57 GMT, by
Near-term bears pause above fresh low at 1.1060, with consolidation being a main theme. Neutral hourly tone and price action moving between daily Kijun-sen and 20SMA, suggest prolonged consolidative ...
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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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