|Dec 29 14:29 GMT|
Fundamental Analysis Reports
Gold Steady After Strong Gains
Dec 29 13:13 GMT, by
Gold is steady on Monday, after posting strong gains of 1.6% on Friday. In Monday's European session, the spot price stands at $1191.38 per ounce. There are no US releases on Monday, but we'll get a ...
EUR Not Bothered By Greek Outcome
Dec 29 12:18 GMT, by
It's a difficult week to get excited about in Capital Markets. Most of the necessary positional business that had to be done will have been concluded well ahead of the New-Year turn due to the mass...
EUR/USD - Little Change as Greece Headed to Elections
Dec 29 12:16 GMT, by
It's the final trading week of 2014 and predictably, the currency markets are in slow gear. EUR/USD is trading just below the 1.22 line on Monday, unchanged from last week and close to 2-year lows. T...
Greece Fails to Select a President With Snap Elections to be Called in Early 2015
Dec 29 11:59 GMT, by
The USD remained in tight ranges but the focus remained on the 3rd and final round of the Greece Parliament selection process on PM Samaras candidate for President - Stavros Dimas. The country would ...
Presidential Vote in Greece Keeps EUR Range-Bound
Dec 29 10:34 GMT, by
Forex markets are stable with USD weaker, as traders await the result of the presidential vote in Greece. Asia's regional equity indices were broadly higher reflecting the sessional optimism perhaps ...
Asian Mid-Session Update: China Financials Surge after PBoC Injects More Liquidity with Loan-to-Deposit Rule Revision
Dec 29 06:58 GMT, by
China financials are trading sharply higher after a PBoC report over the weekend confirmed the govt would be changing the rules on loan-to-deposit ratio calculations effective 2015 to inject further ...
Technical Analysis Reports
Gold Consolidates above 2013 Low
Dec 29 10:42 GMT, by
XAU/USD cross jumped considerably on Friday, as it was able to pierce through a major resistance line, represented by the 2013 low, 23.6% Fibonacci retracement and weekly pivot point around $1,190. M...
USD/JPY Intends to Challenge 121 Once Again
Dec 29 10:41 GMT, by
Although the US Dollar came under a strong selling pressure after hitting the resistance at 121, the currency has not yet fallen beneath 120. Accordingly, there is a high chance USD/JPY will soon re-...
GBP/USD Approaches 1.5650
Dec 29 10:40 GMT, by
Having established a solid support at 1.55 last week, the Cable is currently moving towards 1.5650. There the currency pair will meet the down-trend line that is strengthened by the weekly R1 and 20-...
EUR/USD Trades Around 1.22
Dec 29 10:37 GMT, by
On December 26, the EUR/USD currency pair developed in a very calm environment during the whole trading session. A resistance at 1.2228, represented by the monthly S2 is still keeping pair's bulls un...
The Daily Wave Analysis
Dec 29 08:15 GMT, by
4 hour EURUSD: The EURUSD's downtrend has reached the 127.2% Fibonacci retracement level of the wave X (blue), which could be a bouncing spot for the wave Y (blue). 60 min EURUSD: Price ...
Foreign Exchange Market Commentary
Dec 29 05:16 GMT, by
THE EURO closed lower on Friday as it extends this year's decline. The lowrange close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI ...
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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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