|Jul 24 17:05 GMT|
Fundamental Analysis Reports
USD/CAD - Rangebound Trade Continues
Jul 24 15:24 GMT, by
The Canadian dollar has been listless this week, and the trend continued on Thursday, as the pair trades in the mid-1.07 range in the North American session. On the release front, Looking at today's ...
US New Home Sales Decline in June from a Downwardly Revised May Reading
Jul 24 15:23 GMT, by
Sales of new single-family homes in the US declined by 8.1% in June 2014 to an annualized pace of 406,000 units. This was well below market expectations for a 475,000 reading as new home sales in May...
US Initial Jobless Claims Plummeted in the Week Ending July 19
Jul 24 15:21 GMT, by
US initial claims fell by 19,000 to 284,000 in the week ending July 19, 2014 following a revised 303,000 reading (was 302,000) in the previous week. The latest reading was well below market expectati...
AUD/USD - Stable as US Key Releases a Mix
Jul 24 14:45 GMT, by
AUD/USD has posted slight losses on Thursday, as the pair trades in the low-0.94 range early in the North American session. Looking at today's releases, US Unemployment Claims sparkled, dropping to t...
USD/JPY - Dollar Firm As Unemployment Claims Sparkles
Jul 24 14:11 GMT, by
USD/JPY has posted modest gains, as the pair continues to move in an upward direction this week. Late in the European session, the pair is trading at the 101.70 line. On the release front, Japanese T...
Gold Under Pressure, Dips Under $1300
Jul 24 13:09 GMT, by
Gold has dipped under the key level of $1300, as the spot price stands at $1298.67 per ounce late the European session. The metal has now slipped about 2% in little over a week. In the US, Unemployme...
Technical Analysis Reports
What Can USDCHF Tell Us About the EURUSD Breakdown?
Jul 24 14:16 GMT, by
The market has been enamored with this week's price action in EURUSD, which unexpectedly peeked down to a new 2014 low under the key 1.3475-1.3500 support zone on Tuesday. However, as we roll into to...
US Indices - Technical Update
Jul 24 12:08 GMT, by
Continuing with its strong momentum the index recovered from day's low on Wednesday and on Thursday the index future is quoting above 2014 closing high of 17114. On daily chart, however, the index se...
FTSE Boosted by Strong PMIs, Looks Set to Test 6865/80 for Umpteenth Time
Jul 24 12:06 GMT, by
Following a sluggish start, the FTSE has turned higher along with the other European markets. Sentiment has been boosted, above all, by the surprisingly good economic data from China and Europe and a...
EURJPY - Triggers Recovery, Eyes More Strength
Jul 24 10:44 GMT, by
EURJPY - With a temporary bottom formed and recovery higher triggered, further strength is now envisaged. On the upside, resistance resides at the 137.50 level where a break if seen will threaten fur...
Dollar/Yen Supported By Short Term Yields
Jul 24 10:29 GMT, by
On Wednesday Dollar/Yen traded within small 25 pip range. The currency couple appreciated from 101.30 to 101.57 yesterday, matching the positive money flow sentiment at nearly +7%, closing the day at...
Forex Technical Analysis
Jul 24 10:24 GMT, by
Current rebound at 1.3437 signals, that the slide from 1.3550 is over and the pair has entered a consolidation mode, preceding next sell-off towards 1.3280. Key resistance on the upside is the alread...
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Long Term Forecasts
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...
USD/JPY - 2013 In Review
Dec 26 02:31 GMT, by
The Bank of Japan continued its radical monetary program in 2013, and the yen responded with sharp ...
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