|Oct 09 10:30 GMT|
Fundamental Analysis Reports
European Shares Drift Higher On Fed Minutes
Oct 09 09:56 GMT, by
European shares soared on Friday, after Fed minutes for September meeting reflected the patience of policymaker regarding interest rate hike. Fed minutes for the September 16-17 meeting released on T...
Canadian Job Report In Focus, Fed Not Even 'Close' To Hike
Oct 09 09:50 GMT, by
Commodities prices are weighing on the Canadian economy. For the two first quarters, GDP shrank 0.8% q/q and 0.5% respectively. However, the Canadian economy expanded 0.3% in July. In our view this w...
Gold Climbs 1% On Dovish FOMC Minutes
Oct 09 09:44 GMT, by
Precious-Gold rose towards two-week high on Friday, set for a weekly gain, after dovish comments from FOMC minutes of September meeting released on Thursday. The yellow metal hit a high of $1154.57 a...
European Market Update: Risk-On Sentiment Holds Traction After Dovish Interpretation Of FED And BOE Minutes, UK Trade Deficit Widens In Aug
Oct 09 09:32 GMT, by
The USD remained a bit on the defensive against European currencies dovish Fed and BoE minutes due to inflation outlooks and sensitivity to international developments. Thus the Fed hinted that it was...
EUR/USD – Euro Slightly Higher After Dovish Fed Minutes
Oct 09 09:30 GMT, by
EUR/USD continues to post modest gains on Friday, and the pair trades above the 1.13 line in the European session. The Federal Reserve released its minutes on Thursday, which indicated that policymak...
FX Markets Stabilise Pre-FOMC Minutes
Oct 09 08:13 GMT, by
Japan's current account surplus narrowed less-than-expected in August from ¥1,808.6bn to ¥1,653.1bn (versus ¥1,226bn expected). Machinery orders (considered as proxy for capital expenditure) fell 5.7...
Technical Analysis Reports
Forex Technical Analysis
Oct 09 10:09 GMT, by
EUR/USD The intraday bias is positive, for a break through 1.1330 area, en route to 1.1390 and 1.1460. Initial intraday support lies at 1.1260 and crucial on the downside is 1.1170.
Today's Market Outlook
Oct 09 08:49 GMT, by
The Euro moves within the daily cloud, which was penetrated again yesterday, with daily close above the cloud base. Rallies were limited at 1.1325, double-Fibonacci barrier (38.2% of 1.1712/1.1086 an...
EUR/USD Set To Probe 1.13 Again
Oct 09 08:10 GMT, by
The common currency was actively fuelled by support zone at 1.1241/20 on Thursday. It managed to bounce off the monthly pivot point, but gains used to be contained by the 50% Fibonacci retracement of...
GBP/USD Takes Another Crack At Weekly R3
Oct 09 08:08 GMT, by
The Sterling appreciated against the US Dollar for the third consecutive day yesterday, while testing both the immediate support and the second closest resistance. The rally was not as strong as expe...
USD/JPY Poised To Begin Recovery
Oct 09 08:07 GMT, by
The USD/JPY remained relatively unchanged on Thursday, having lost only eight pips. The immediate support cluster kept the US Dollar afloat and is likely to cause a rebound from the Buck's three-day ...
Gold Targets 1,147 For Fourth Consecutive Day
Oct 09 08:05 GMT, by
From Tuesday till Thursday the precious metal was unable to penetrate the monthly R1 at 1,147. This resistance is strengthened by the 50% Fibonacci retracement of the May-July 2015 downtrend at 1,151...
Analysis Report Search
Long Term Forecasts
Euro Area Outlook for 2015: Impact of Broad-Based QE
Jan 17 03:46 GMT, by
The expected ECB QE programme will support economic activity through a number of channels and hence...
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...
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