|Mar 06 08:59 GMT|
Fundamental Analysis Reports
Greenback Extend Gains Before US Jobs
Mar 06 08:42 GMT, by
Today's key event is the US jobs data. Amid good ADP read on Wednesday, the consensus for the NFP is a strong 235K (vs. 257K last month) with lower unemployment rate (5.6% vs. 5.7% last) and higher w...
ECB Press Conference Doesn't Halt Euro Decline
Mar 06 07:46 GMT, by
The euro spiked briefly higher during the ECB press conference as Draghi sounded optimistic on the EMU economy. However, we the start of QE looming, selling interest raptured very soon. EUR/USD teste...
ECB Ready To Launch QE On March 9, Revises Its Growth And Inflation Outlook
Mar 06 07:38 GMT, by
The European Central Bank will start its quantitative easing programme as soon as next Monday, March 9, Mario Draghi, central bank Governor announced on Thursday. The central bank also decided to lea...
Initial Jobless Claims Rise, While US Productivity Declines In Q4
Mar 06 07:37 GMT, by
The number of Americans filling new claims for unemployment benefits rose in the week ended February 28, breaking above 300,000 threshold. Initial jobless claims across the US increased to a seasonal...
BoE Keeps Interest Rate At All-Time Low, Marking Six Year Of Low-Rate Environment
Mar 06 07:21 GMT, by
The Bank of England opted to keep the interest rate unchanged in March, marking six years since policy makers reduced borrowing costs to all-time low levels to help the UK economy recover from a deep...
Bank Of Canada Leaves Its Key Rate Unchanged At 0.75%, After Surprise Rate Cut In January
Mar 06 07:20 GMT, by
The Bank of Canada decided to maintain its overnight interest rate unchanged at 0.75% following a shocking move to cut borrowing costs in January. Central bank Governor Stephen Poloz appeared to be s...
Technical Analysis Reports
EUR/USD Plunges Below 1.10 For First Time Since 2003
Mar 06 08:55 GMT, by
As estimated, downward pressure on the EUR/USD currency pair remained strong yesterday, caused by the ECB monetary policy meeting in Cyprus. The bears have even managed to send the pair below 1.10 fo...
GBP/USD Slumps For The Fourth Day
Mar 06 08:53 GMT, by
On Thursday, the GBP/USD pair did not surprise with its behaviour, as it slumped again for the fourth consecutive day. The Sterling tested the weekly S2 support at 1.5219 but failed to breach it. Ult...
USD/JPY: Correction To Take Place
Mar 06 08:51 GMT, by
USD/JPY rebounded yesterday, overshooting expectations and erasing the two-day losses. The US Dollar managed to pierce through the weekly R1, tested the upper Bollinger band, and finally settled at 1...
XAU/USD Is Range Bound Between 1,207 And 1,195
Mar 06 08:50 GMT, by
For a fourth consecutive day, a daily change in price of Gold does not exceed two important technical levels which are keeping the bullion in a narrow trading range. Among them, the weekly PP is loca...
EURUSD - Declines Further
Mar 06 06:51 GMT, by
EURUSD - With the pair weakening further on Thursday, more decline is envisaged. Support is seen at 1.0950 level with a cut through here opening the door for more downside towards the 1.0900 level. F...
Daily FX Report
Mar 06 06:47 GMT, by
The euro rebounded from a 11 year low on Thursday as investors looked ahead to Friday's non-farm payrolls report in U.S. which analyst expect a figure around 240K, lower from the previous data of 257...
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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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