|May 21 12:47 GMT|
Fundamental Analysis Reports
Sterling: Bruised but Not Battered after Inflation
May 21 11:58 GMT, by
The pound has come under pressure after the weaker than expected inflation reading for April earlier this morning. Headline CPI fell to 2.4% (expectations were for a decline to 2.6%, from 2.8% in Mar...
Is The Dollar To Be Given A Bull Run Break Before Ben?
May 21 11:56 GMT, by
The market yesterday was a write-off in terms of price action, as a few sovereign nations managed to squeeze in a national holiday in parts of Europe and in Canada. This week's US fundamental highlig...
Pound Falls As Inflation Slows, Dollar Resumes Rise Ahead Of FOMC Minutes
May 21 11:38 GMT, by
The royal pound fell to a six-week low against the dollar on Tuesday after data showed U.K. inflation slowed more than economists forecast in April, before of the Bank of England releases minutes of ...
Sterling Weaker On April CPI, Euro On Hold
May 21 10:50 GMT, by
The FX markets remain on hold ahead of FOMC Chair Bernanke's testimony due tomorrow. Over the past two weeks, the speculations on Fed's tapering of bond purchases have been the key topic across all m...
European Market Update
May 21 10:17 GMT, by
The USD/JPY was steady after the Japanese Econ Min Amari backed off from his comments expressing satisfaction with the current value of the JPY. The pair was edging closer towards the 103 handle. A B...
Inflation Risk For GBPUSD
May 21 09:19 GMT, by
UK inflation data for April is the economic highlight during the European session today. GBP traders shoudl watch this data as it could have important implications for the pound.
Technical Analysis Reports
GBP/USD Trading Lower in a Falling Wedge
May 21 12:01 GMT, by
Resistance: The GBP/USD rallied to about 1.5275 during the 5/20 session. There was a local resistance pivot and was coincident with a projected falling trendline. The USD gained overnight during the ...
Forex Technical Analysis
May 21 10:37 GMT, by
The bias here is positive above 1.2840-50 support area and I favor a rise towards 1.2940 and 1.3020. Crucial on the downside is 1.2840 and initial minor resistance is projected at 1.2900.
USD/JPY Holds Steady Just Bellow 103
May 21 09:40 GMT, by
On Monday Dollar/Yen decreased with 130 pips. The currency couple depreciated from 103.25 to 101.93 yesterday, matching the negative money flow sentiment at around -15%, closing the day at 102.22. Th...
Morning Forex Technical
May 21 08:27 GMT, by
The common European currency recovers, as the price breached the monthly S1 level at 1.2875 and weekly pivot point at 1.2885 yesterday. Seems that Dollar's appreciation takes a break and the pair und...
GBPJPY - Bullish, Broader Bias Remains Higher
May 21 08:16 GMT, by
GBPJPY – With GBPJPY continuing to hold on to its broader upside, we look for it to strengthen further in the days ahead. This will leave it targeting the 157.00 level where a violation will aim at t...
Today's Market Outlook
May 21 08:11 GMT, by
The Euro bounced off yesterday's fresh low at 1.2795 and regained psychological 1.2900 barrier, sidelining immediate downside risk. This would open way for stronger corrective action, as near-term st...
Analysis Report Search
Long Term Forecasts
Is the U.K. Economy (Finally) Turning the Corner?
Apr 29 15:48 GMT, by
Recently released data show that real GDP in the United Kingdom grew 0.3 percent (1.2 percent at an...
Easy Money: Japan's Policy Gamble
Apr 13 04:00 GMT, by
This report focuses on Japan and considers the domestic implications of the bold fiscal and monetar...
A Bird's Eye View of the Global Economy
Mar 19 16:25 GMT, by
The global economy grew by an estimated 2.9% in 2012. The euro zone double dip recession, a softer ...
FX Top Trades 2013: How to Position for the Coming Year
Dec 05 14:55 GMT, by
For the fourth time, we present our year-end FX Top Trades for the coming year. In the years 2010-2...
Implications for UK & Canada from the Appointment of Mark Carney as BoE Governor
Nov 27 11:51 GMT, by
Chancellor Osborne announced today that Mark Carney, currently the Governor of the Bank of Canada, ...
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