|Nov 20 20:39 GMT|
Fundamental Analysis Reports
AUD/USD - Aussie Stabilizes After Sharp Losses
Nov 20 15:40 GMT, by
AUD/USD has steadied on Thursday, as the pair trades just above the 0.86 line. The Aussie slumped on Thursday, losing 100 points. It was a busy day in the US, with a host of key releases. CPI and Cor...
USD/JPY - Surging Dollar Pushes Above 118
Nov 20 13:23 GMT, by
The Japanese yen has stabilized on Thursday, after suffering sharp losses on Wednesday. In the European session, USD/JPY trade in the low-118 range. The yen has not been at such low levels since Augu...
Euro PMIs Declined Again in November
Nov 20 12:49 GMT, by
The euro flash PMIs continued lower in November, still showing a declining trend in euro-area activity. The composite PMI new orders declined to 49.9 and went below 50 for the first time since June 2...
Could Inflation Disrupt the USD's Party?
Nov 20 12:42 GMT, by
At 1330 GMT/ 0830 ET the latest US inflation data is scheduled to hit the wires. The market is expecting prices to fall by 0.1% in October, which could push the annual rate down to 1.6% from 1.7%. Th...
EUR Bull Blinded by Flash Numbers
Nov 20 12:38 GMT, by
Fed announcements usually end up having the largest market impact, and yesterday's FOMC October minutes were trying not to be "the" exception. Nevertheless they seem to have failed, ending up be "non...
Gold Steady Ahead of US Consumer Inflation, Jobless Claims
Nov 20 12:37 GMT, by
Gold has posted modest gains on Thursday, recovering losses sustained a day earlier. On the release front, it's a very busy day, with four key indicators - Core CPI, CPI, Unemployment Claims and the ...
Technical Analysis Reports
US CPI Clears Subdued Expectations as USDNOK Bull Flag Nears Support
Nov 20 14:02 GMT, by
With global central banks collectively shifting their focus to inflation, or the lack thereof, traders were awaiting today's US CPI release with bated breath. Expectations were very subdued heading i...
FTSE Down as Manufacturing PMIs Disappoint
Nov 20 12:52 GMT, by
The FTSE is tracking the major global indices lower. As we go to press, the UK benchmark is down almost 50 points or about 0.7% at 6550 and threatening to break further lower. Sentiment has taken a k...
Forex Technical Analysis
Nov 20 11:51 GMT, by
Yesterday's precise test at 1.2600 sets the end of the consolidation phase above 1.2357 and the outlook here is negative, for a break through 1.2440 crucial low, en route to 1.2240. Crucial on the up...
The Daily Wave Analysis
Nov 20 10:03 GMT, by
Yesterday price retraced back to the 50 Fibonacci retracement, which is usually the maximum pullback for a wave 4. The invalidation level of the wave 4 (blue) count is the bottom of wave 1 (blue)
Today's Market Outlook
Nov 20 09:58 GMT, by
The Euro remains steady in the near term and consolidates above 1.25 support, following yesterday’s attempt through bear-trendline off 1.2884 and previous high at 1.2576, which was capped by bull-cha...
USD Index Elliott Wave Analysis: Correction Within Impulse
Nov 20 09:55 GMT, by
USD index has turned back to bullish mode in mid-October, but now again moving sideways after hitting a new high last week. We have seen market pulling down into wave (iv) that can be already done at...
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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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