|Aug 28 09:04 GMT|
Fundamental Analysis Reports
Daily FX Analysis
Aug 28 08:41 GMT, by
Underlying ECB policy expectations remained a very important focus ahead of next week’s council meeting with further speculation over possible additional measures following Bank President Draghi’s mo...
Euro Rebounded From Its 11 Month Low
Aug 28 08:40 GMT, by
The euro (EUR) climbed from its 11 month low at 1.3152 all the way up to 1.3216 against the US dollar (USD). The single currency rebounded on speculation the European Central Bank (ECB) may not add m...
USD Weaker On Lower Yields
Aug 28 08:39 GMT, by
FX markets were subdued in the Asian session as USD lost some ground on further profit taking. Regional equity indices were in the red as the Nikkei fell -0.48%, the Hang Seng dropped -0.28% and Shan...
German Consumer Sentiment Hit By Ukraine-Russia Tensions
Aug 28 08:05 GMT, by
Consumer sentiment in the largest economy of the Euro zone plunged in September of this year, as Germans became more concerned about possible negative impact from Russia's sanctions. The respective i...
U.S. Economy To Grow 1.5% In 2014
Aug 28 08:03 GMT, by
The Congressional Budget Office expects the U.S. economy to grow by just 1.5% in the whole 2014, impaired by a weak performance during the first three months of the year. The new economic forecast wa...
Britain's Companies Signed Letter Against Scotland's Independence
Aug 28 08:02 GMT, by
More than 130 businesses spoke out against Scotland's independence, marking the biggest intervention by the U.K. business community into the referendum debate thus far. Business leaders have signed a...
Technical Analysis Reports
Cable Steadies As Descending Fades
Aug 28 08:17 GMT, by
On Wednesday Pound/Dollar increased with 70 pips. The Cable depreciated from 1.6535 to 1.6606 yesterday, in line with the positive money flow sentiment at over +7%, closing the day at 1.6574. Today t...
EUR/USD Undergoes Bullish Correction
Aug 28 07:31 GMT, by
Despite a plethora of 'sell' signals on the daily and weekly charts, the Euro is currently recovering, as the support at 1.3150, represented by the monthly S2, proved to be quite strong. Given the ab...
GBP/USD Returns To 1.66
Aug 28 07:27 GMT, by
The Cable refuses to leave the vicinity of the weekly PP, which has already been confirmed as a resistance level. And if the bulls continue to push the Pound away from 1.6550, they will encounter the...
USD/JPY To Look For Support At 103.50
Aug 28 07:26 GMT, by
For the time being this week is bearish for the U.S. Dollar, as it has already given up 50 pips. However, the outlook remains bullish, being that none of the main supports have been breached yet. The...
USD/CHF To Stay Above 0.91
Aug 28 07:24 GMT, by
Although most of the near-term indicators poaint North and the price has recently closed above the 2013 Q1 high, USD/CHF is currently retreating. But this bearish activity should only be temporary, a...
The Daily Forecaster: EURJPY
Aug 28 06:12 GMT, by
The break below 136.95 has implied losses. Currently we are seeing a move down to 136.89-93 and then 136.70-74. This should provoke a correction holding below 137.00-11 from where another leg lower t...
Analysis Report Search
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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