|Sep 18 09:38 GMT|
Fundamental Analysis Reports
Daily FX Analysis
Sep 18 08:58 GMT, by
As expected, the Federal Reserve reduced the amount of bond purchases by a further US$10bn to US$15bn and will end the programme at October’s meeting. As far as the statement was concerned, the refer...
UK Retail Sales Rise In August, Pound Soars
Sep 18 08:55 GMT, by
U.K. retail sales rose in line with forecasts in August to continue the parade of optimistic data. The reading including auto fuel showed 0.4 percent advance after recording 0.0 percent in July. On t...
USD Gains As Fed Hints At Steeper Normalization Path
Sep 18 07:57 GMT, by
The Fed did not disappoint at its September meeting. While renewing its zero rate pledge, the FOMC hinted at a steeper rate normalization path. The US 10-year government yields advanced top 2.6270%, ...
New Zealand's Current Account Drops Into Red Zone, Economy Picks Up In Q2
Sep 18 07:49 GMT, by
Current account balance of New Zealand swung into the red territory in the second quarter of this year, being that exports of dairy products and other commodities declined. The deficit reached $1.1 b...
Eurozone's August Inflation Revised Higher, But Still Below ECB 2% Target
Sep 18 07:48 GMT, by
Inflation level in the Euro area was revised to the upside by the Eurostat. The final reading gave a 0.4% price increase in August of the current year, as it was changed from the five-year lowest lev...
U.S. Inflation Slips Unexpectedly In August, Fed To Keep Low Rates For 'Considerable Time'
Sep 18 07:46 GMT, by
Consumer price index in the United States declined surprisingly to 1.7% on the annual basis in August, while month-on-month prices were down 0.2%. Excluding food and energy, monthly inflation was equ...
Technical Analysis Reports
Dollar/Yen Surges To Almost 109 After FOMC
Sep 18 09:28 GMT, by
On Wednesday Dollar/Yen increased with almost 150 pips. The currency couple appreciated from 107.12 to 108.60 yesterday, matching the positive money flow sentiment at over +22%, closing the day at 10...
Forex Technical Analysis
Sep 18 09:10 GMT, by
The recent break through 1.2906 support signals, that the corrective pattern below 1.2995 is complete and the bias here is negative, for a slide towards 1.2750. Initial resistance lies at 1.2906 and ...
Today's Market Outlook
Sep 18 09:07 GMT, by
The Euro accelerated lower post Fed and erased gains of corrective 1.2858.1.2993 rally, with lower top left at 1.2993. This confirms 1.30 zone as strong barrier, as break below previous low at 1.2858...
Cable Little Shaken By Fed, Focus On Referendum
Sep 18 07:56 GMT, by
On Wednesday Pound/Dollar decreased with 115 pips. The Cable depreciated from 1.6359 to 1.6243 yesterday, in line with the negative money flow sentiment at below -15%, closing the day at 1.6269. Toda...
EUR/USD Headed Towards 2013 Low
Sep 18 07:29 GMT, by
The currency pair lived up to the expectations by breaking out of the recently formed rising wedge to the downside. As the support at 1.29 is now out of the way, EUR/USD is free to descend lower, to ...
GBP/USD Challenges 23.6% Fibo
Sep 18 07:28 GMT, by
Despite the U.S. Dollar appreciating across the market, the currency was unable to outperform the British Pound, which in turn is currently attacking the resistance area between 1.63 and 1.635. Consi...
Analysis Report Search
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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