|Mar 12 03:55 GMT|
Fundamental Analysis Reports
GBP/USD - Pressure On Pound As Carney Says No Rate Hike For Now
Mar 12 02:39 GMT, by
The pound has edged lower in Tuesday trading, after sharp losses to start the week. GBP/USD is trading in the mid-1.66 range in the North American session. In economic news, BOE Governor Mark Carney ...
Asian Stocks Fell On Yen's Strength
Mar 12 02:22 GMT, by
Asian stocks fell alongside with the regional benchmark index near its lowest in week led by Japanese shares, where Japanese yen strength drove decline. Moreover, The MSCI Asia Pacific Index dropped ...
Australia's Consumer Confidence Recovers
Mar 12 02:21 GMT, by
Australian economy adds recovery signs to its consumer confidence after the previous more-than-estimated growth pace in the nation's economy during the fourth quarter of last year. Moreover, Australi...
North American Wrap-Up: Antipodean Swoon
Mar 12 01:59 GMT, by
For the greater part of North American trade today, there wasn't much to write home about. Stocks were grinding lower on the day, but not so much to worry anyone, major currency pairs like the EUR/US...
USD/RUB: Crimea River
Mar 12 01:58 GMT, by
From a fundamental perspective, the simmering geopolitical tensions between Russia and Ukraine, along with general risk aversion among EM currencies, continue to push the ruble lower. Speaking techni...
Copper Tanking And Aussie Dollar Lower Suggest Rerating Of Global Growth
Mar 12 01:52 GMT, by
What is driving this is clearly sourced in the catalysing event that was the weak export data from China over the weekend but equally as an article from my US colleagues at Business Insider showed ye...
Technical Analysis Reports
Market Morning Briefing
Mar 12 03:25 GMT, by
The Euro (1.3860) is trading in the major resistance band of 1.3850-85 and if it manages to break above this, it can rise further to 1.3950-1.4050. Above 1.4050-1.41, the long term trend will turn fi...
EUR/USD - Eases Away Slightly From Resistance Level At 1.39
Mar 12 02:46 GMT, by
In the last couple of days the Euro has eased back from the resistance level at 1.39 after spending a few days surging higher up through the long term resistance level at 1.38 and through 1.39 to rea...
AUD/USD - Drops Sharply Through Key Level At 0.90
Mar 12 02:44 GMT, by
The last few days have seen the Australian dollar fall heavily away from the resistance level at 0.91 back down through the key level at 0.90 to a one week low. Towards the end of last week the Austr...
GBP/USD – Rests On Support Level At 1.66
Mar 12 02:42 GMT, by
The last couple of days has seen the GBP/USD slump back towards the support level at 1.66 where it is presently resting. Over the last week it has been edging higher back towards the short term resis...
SILVER: Forming Base Around $20.50
Mar 12 02:36 GMT, by
The decline from the $22.20 highs appears to be corrective, so as long as we remain above $20.50-60 zone then bullish targets remain $22.20 and $23.00. Attempting to pick the bottom of a correction c...
USDCHF - Set To Trigger Correction
Mar 12 02:06 GMT, by
USDCHF - Although USDCHF may be vulnerable to the downside, it faces a corrective threat. Support comes in at the 0.8700 level, its psycho level. Below here will set the stage for further weakness to...
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Long Term Forecasts
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...
USD/JPY - 2013 In Review
Dec 26 02:31 GMT, by
The Bank of Japan continued its radical monetary program in 2013, and the yen responded with sharp ...
GBP/USD - 2013 In Review
Dec 26 02:30 GMT, by
The Bank of England revised its growth forecast for 2013 to 1.6%, up from 1.4% in a previous foreca...
EUR/USD - 2013 in Review
Dec 25 13:46 GMT, by
The ECB is expecting better news in 2014, with the Eurozone economy expected to post growth of 1%. ...
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