|Mar 03 20:18 GMT|
Fundamental Analysis Reports
Canadian GDP Rose 2.4% at an Annualized Rate in the Fourth Quarter
Mar 03 15:00 GMT, by
Canadian gross domestic product (GDP) rose at a 2.4% annualized rate in the fourth quarter of 2014. That result was above market expectations for a 2.0% reading and was accompanied by upward revision...
USD/CAD - RBA Decision has the Loonie Bear Concerned
Mar 03 12:00 GMT, by
Capital Market are finally on the move, albeit somewhat slow. Record low bond yields, record high global equities indices and strained forex ranges are beginning to provide more trading opportunities...
USD Refuses to Soften
Mar 03 11:53 GMT, by
Many are asking why the USD is continuing to rise against its trading partners despite strong evidence being seen yesterday that economic momentum is slowing down, easing pressure on the Federal Rese...
European Market Update: European Data Continues To Improve
Mar 03 10:39 GMT, by
European continued to see some better news on the economic front but it failed to helped the EUR/USD stay above 1.12 level. The key support remains the Jan low of 1.1098. The pair drifted to test 1.1...
Aussie Gains Post-RBA As Lira, Rand And Real remain under pressure
Mar 03 10:23 GMT, by
The RBA unexpectedly refrained from lowering its cash rate target to 3.0%, while citing that further policy easing may be appropriate in months ahead. The RBA decision is seen as strategically clever...
AUD Gains Amid Surprise RBA Inaction
Mar 03 08:18 GMT, by
Unexpectedly, the RBA kept its cash rate target unchanged at 2.25% citing that policy easing may still be appropriate in the future and further AUD depreciation should help balancing the growth (seen...
Technical Analysis Reports
FTSE Bulls Lacking Conviction But Remain in Control
Mar 03 13:18 GMT, by
European stocks started the day modestly higher, before turning flat by midday. Equities have surged higher in recent weeks on hopes central banks' record low interest rates - combined with the use o...
Forex Technical Analysis
Mar 03 11:35 GMT, by
The bias is still bearish, for a tight test of 1.5300 support zone. Minor intraday resistance lies at 1.5400, followed by the key area around 1.5470.
Today's Market Outlook
Mar 03 10:06 GMT, by
The Euro trades in near-term consolidative phase above fresh low at 1.1158, confirmed by repeated Doji. The upside remains capped at 1.1243, also Fibonacci 38.2% of 1.1378/1.1158 downleg, as barrier ...
EUR/USD Gets Support From Lower Bollinger Band
Mar 03 09:18 GMT, by
EUR/USD stays broadly stable for a third day in a row. On Monday, it registered completely no daily change in any direction and stayed just below the Bollinger band around 1.1180. On Tuesday morning,...
GBP/USD Sliding Down
Mar 03 09:16 GMT, by
Indeed, the GBP/USD pair declined over Monday, but not as much as expected. Still, the Sterling found support at 1.5347, where the 20-day SMA stands, rather than closing the day near the cluster arou...
USD/JPY Extended Gains
Mar 03 09:15 GMT, by
The Greenback appreciated versus the Japanese Yen yesterday. The pair surged for a third day after a number of US data releases on Monday. Moreover, the pair outperformed as it breached weekly R1 lev...
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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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