|Oct 23 10:06 GMT|
Fundamental Analysis Reports
European Market Update: Better German And Eurozone PMI Manufacturing Data Aids Risk Appetite In Session
Oct 23 09:56 GMT, by
EUR/USD managed to overcome initial losses and off 2-week lows in the session aided by beats in the German and Euro Zone PMI Manufacturing data. Hoever, most traders stilll believed the outlook for t...
Daily Report: The Cable Takes A Dive
Oct 23 09:29 GMT, by
The majority of focus on Wednesday surrounded the Bank of England (BoE) Minutes release, where a more dovish than expected Monetary Policy Committee (MPC) sent the Cable tumbling by close to 100 pips...
USD Broadly In Demand, NZD Hit Hard By CPI
Oct 23 09:20 GMT, by
The USD is broadly in demand after the Ottawa attack yesterday, the DXY index advances to 1-week high. Released yesterday, the US September CPI has been marginally better than the market estimates. B...
China: Surprisingly Resilient In Light Of Substantial Slowdown In Investments
Oct 23 09:19 GMT, by
In China the flash estimate for the HSBC/Markit manufacturing PMI in October improved to 50.4 (consensus: 50.2, DBM: 49.9) from a final reading of 50.2 in September. The details were a bit weak with ...
US Dollar Strengthens Across The Board
Oct 23 09:16 GMT, by
The euro (EUR) continues the downside and reached its weekly low at 1.2632 against the US dollar (USD) The single currency slid as the US CPI came out better than expected yesterday. Looking ahead th...
Daily FX Analysis
Oct 23 09:15 GMT, by
There was further speculation that the ECB would engage in further bond-buying measures which tended to sap overall yield support. Council member Nowotny stated that no decision had been made on poss...
Technical Analysis Reports
Forex Technical Analysis
Oct 23 09:59 GMT, by
Current rebound above 1.2612 low aims to correct yesterday's slide from 1.2740, before next drowning towards 1.2570. Initial minor intraday resistance lies at 1.2680, followed by the key area at 1.27...
Technical Analysis for Major Currencies
Oct 23 09:47 GMT, by
The pair dropped yesterday and is trading below a previous bottom at 1.2661. Trading below the referred to level is negative and could trigger a new attempt to the downside towards 113% corerction at...
Technical Analysis for Crosses
Oct 23 09:47 GMT, by
The pair is still fluctuating around 172.00 and is stable above it supporting extending the upside move today, targeting 173.65 then 175.00. A break below 172.00 pushes the pair towards 169.70 - 169....
Today's Market Outlook
Oct 23 09:33 GMT, by
The Euro resumes reversal and establishes fresh direction lower after breaking below near-term congestion. The second consecutive close in red, confirms near-term bears are back to play, as extension...
USD Index Elliott Wave Analysis: Bullish Reversal
Oct 23 09:30 GMT, by
USD Index is moving higher, now threatening the 86.10 swing after recent rally out of a downward channel. We assume that market already accomplished a corrective retracement in wave 4 and that curren...
The Daily Wave Analysis
Oct 23 07:46 GMT, by
The EURUSD break of the support trend lines (greens) could indicate a completion of wave 4 (orange) at the most recent top. In most cases however, wave 4’s take longer to compete in terms of time, wh...
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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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