|Nov 21 02:06 GMT|
Fundamental Analysis Reports
GBP/USD – Little Change After Key US, UK Numbers
Nov 21 01:46 GMT, by
GBP/USD has posted small gains on Thursday, as the pair trades in the high-1.56 range in the North American session. On the release front, it’s been a busy day, with a host of key releases out of the...
USD/CAD – Canadian Dollar Improves On Sharp Wholesale Sales
Nov 21 01:43 GMT, by
The Canadian dollar has posted modest gains on Thursday, as USD/CAD trades at the 1.13 line. On the release front, Canadian Wholesale Sales jumped 1.8% in September. Over in the US, there have been p...
European Data Painting A Dark Horizon
Nov 21 01:17 GMT, by
The Eurozone PMIs are still disappointing for November and hit the Euro to 1.25 against the Dollar. The Composite PMI fell to a 16-month low of 51.4, lower than the expected 52.3. The data implies th...
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...
Technical Analysis Reports
AUD/USD – Now Meeting Resistance At 0.8650
Nov 21 01:54 GMT, by
In the last couple of days the Australian dollar has dropped sharply back through the support level at 0.8650 and is now threatening to remain below this level. It has rallied higher in the last 12 h...
Australia 200 – Falls To One Month Low Below 5300
Nov 21 01:50 GMT, by
Over the last week or so the Australia 200 index has returned some of its recent gains falling from above 5550 down to a one month low below 5300. It has found some support around 5340 which has prop...
The Daily Forecaster: USDJPY
Nov 21 01:38 GMT, by
After two days of exceptionally direct gains we should have found an intermediate high at the to of the lower 118.73-96 projection range. The first reversal has been seen and should now see a correct...
USDJPY - Loses Upside Momentum
Nov 21 01:32 GMT, by
USDJPY - With USDJPY struggling to hold on to its gains, corrective pullback threats could be building up. On the upside, resistance resides at the 118.97 level followed by the 119.50 level where a b...
CADJPY Blasts Out Of The Atmosphere, Canadian CPI On Tap
Nov 21 01:28 GMT, by
One theme we've been consistently highlighting over the last few weeks is policymakers' (and thus traders') increasing focus on inflation reports. With price pressures in many developed markets rapid...
EURUSD: A Tale Of Two Charts
Nov 21 01:27 GMT, by
This cross is mostly trading sideways this afternoon even though the US had a trio of positive data releases including a surge in the Philly Fed, stronger than expected existing home sales and an upt...
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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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