|Jul 31 11:28 GMT|
Fundamental Analysis Reports
Gold Flat Ahead Of Unemployment Claims
Jul 31 10:39 GMT, by
Gold prices are steady on Thursday, as the metal continues to trade close to the $1300 level. In the European session, the spot price stands at $1295.01 per ounce. In the US, today's highlight is Une...
Euro Drops As Euro-Area Inflation Falls To 5-Year Low, Unemployment Decelerates
Jul 31 10:23 GMT, by
The single currency declined further on Thursday, extending losses to a third straight session after data showed consumer price inflation in the Eurozone slowed unexpectedly in July to hit the lowest...
European Market Update: Euro Zone Flash CPI Hits Fresh 4-Year Low While Employment Improves
Jul 31 09:56 GMT, by
The USD maintained its firm tone as dealers noted that yesterday's FOMC statement saw the Fed's guidance language weakened after it acknowledged that downside inflation risks had diminished. The gree...
EUR Inflation Shifts Lower, USD Strong
Jul 31 09:50 GMT, by
The enthusiasm vis-à-vis the US recovery lifts the FX volatilities from the past 10-year lows, while the high yielding EM currencies accumulate losses. The Argentinian default certainly doesn't help ...
EUR/USD – Flat On Mixed Eurozone Data
Jul 31 09:46 GMT, by
The euro is unchanged on Thursday, as EUR/USD continues to trade just shy of the 1.34 level in the European session. It's been a July to forget for the struggling euro, which has coughed up about 300...
Euro Area Inflation Unexpectedly Drops To 0.4 Percent In July
Jul 31 09:36 GMT, by
Euro area inflation unexpectedly dropped in July to add to worries that low inflation may hamper recovery. Unemployment, on the other hand, retreated in June. CPI estimate for the year through July p...
Technical Analysis Reports
AUDUSD - Weakens, Eyes Further Downside
Jul 31 11:06 GMT, by
AUDUSD - With AUDUSD extending its price weakness during Thursday trading session,, more decline is likely. Support lies at the 0.9250 level. A cut through here will turn attention to the 0.9200 leve...
Forex Technical Analysis
Jul 31 11:03 GMT, by
Yesterday's uptrend reached a local high at 103.05 and current pullback is corrective, preceding an advance towards 104.10. Minor intraday support lies at 102.71, followed by the major one at 102.30.
Technical Outlook - AUDUSD, NZDUSD And AUDNZD
Jul 31 10:42 GMT, by
On Thursday, the pair added to its losses on Wednesday lead by weaker Australian economic data. In doing so the pair weakened below 0.9320-0.9300 immediate support, comprising of 100-day SMA and 23.6...
Dollar/Yen Rally Limited By Fed Tempering
Jul 31 09:47 GMT, by
On Wednesday Dollar/Yen increased significantly with 105 pips. The currency couple appreciated from 102.03 to 103.10 yesterday, matching the positive money flow sentiment at above +24%, closing the d...
AUDUSD Elliott Wave: Bearish Impulse Is Underway
Jul 31 09:18 GMT, by
AUDUSD is trading south as expected after only three wave rally from 0.9327 up to 0.9470. We labeled that move as wave (ii)/(b), so in either case we were looking for a drop to a new low of July. 0.9...
Today's Market Outlook
Jul 31 09:05 GMT, by
The Euro remains negative and posted new low at 1.3365 yesterday, level which marks 50% of 1.2754/1.3992 upleg. Subsequent bounce, which so far stays capped at 1.34 barrier, could be seen as consolid...
Analysis Report Search
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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