|May 05 18:22 GMT|
Fundamental Analysis Reports
US ISM Non-Manufacturing Index Unexpectedly Improved in April
May 05 15:24 GMT, by
The pace of growth in US non-manufacturing sectors accelerated in April 2015, as indicated by the ISM non-manufacturing index increasing to 57.8 from 56.5 in March. The pickup in April was in contras...
US Trade Deficit Widened Significantly in March
May 05 15:23 GMT, by
The US trade deficit widened to $51.4 billion in March 2015 from a revised $35.9 billion shortfall (previously reported as -$35.4 billion) in February. Market expectations had been for a much smaller...
Canada's Trade Deficit Hit Record in March as Export Prices Fell
May 05 15:21 GMT, by
The Canadian merchandise trade balance posted a $3.0 billion deficit in March, which was the largest monthly deficit on record, following a downwardly revised $2.2 billion shortfall (was $1.0 billion...
USD Softens on Trade Deficit Announcement
May 05 14:15 GMT, by
The USD has softened once again following its trade deficit being announced even wider than expected. As a result, I am now expecting possible revisions to GDP forecasts in the near future. Prior to ...
US Open - Caution Seen at Start of Massive Week
May 05 13:19 GMT, by
It's been a quiet couple of days in the financial markets as investors in Europe celebrated the May bank holiday, heavily hitting trading volumes in the lead up to a massive weeks for investors. U...
Demand for US Dollar Tied to Yields and NFP
May 05 11:23 GMT, by
The mighty dollar took advantage of thin holiday trading conditions yesterday and rallied against the single currency. That trend continues this morning with the sell off in U.S bonds pushing the 30-...
Technical Analysis Reports
King Dollar Suffers a Setback in the Game of Thrones
May 05 13:20 GMT, by
Turning our attention to the dollar index, there is certainly a technical case to be made for a bounce. The trade-weighted index is finding some support at the convergence of the aforementioned 100-d...
EUR/USD Starts May on the Back Foot but Faces Key Week
May 05 12:45 GMT, by
The EUR/USD has started the month of May on the back foot after a surprisingly strong performance in April, a month in which the world's heaviest traded currency pair gained about 470 pips (or 4.4%) ...
EURUSD May Face Resistance At 1.1300-1.1400 Level
May 05 09:55 GMT, by
EURUSD turned up in March, but for now only with three waves back into the area of a former wave four. So we believe that rally is corrective, most likely of a black wave IV which is now trading also...
Today's Market Outlook
May 05 07:57 GMT, by
EURUSD extends lower on two-day corrective pullback from 1.1288, with fresh extension below initial 1.1173 support, being initially contained by daily Ichimoku cloud base at 1.1121. The move is seen ...
Forex Technical Analysis
May 05 07:56 GMT, by
The slide after the recent reversal at 1.5500 is still underway, facing an immediate support around 1.5070 and crucial on the upside is 1.5190. A break through the latter will challenge 1.5300 resist...
EUR/USD Reverses Bullish Trend
May 05 07:42 GMT, by
After strongly upbeat movement of EUR/USD last week, as can be clearly observed on a weekly chart, this week the pair seems to be edging lower on correction. Fuelled by 100-day SMA, the Euro leaves t...
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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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