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Mid-Day Report: Yen Maintains Momentum as Risk Aversion DominatesMay 09 13:06 GMT, by ActionForex.com Yen remains strong today and extends it's strength across the board in early US session. Yen buying was triggered on risk aversion following 2% fall in Nikkei. Momentum continues with European stock markets down and US set to have a lower open. In addition to the concern over cre...
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Daily Fundamental Reports |
U.S. Market UpdateMay 09 15:33 GMT, by Trade The News In currencies, Risk aversion returned to the front burner as concerns over the financial sector health resurfaced following AIG's earnings after the b...
Forex Fundamental OutlookMay 09 15:31 GMT, by GCI Financial he common currency gave back some gains during the North American session after crude oil futures slipped back to the $124 handle after trading as hig...
Deficit Narrow!May 09 14:34 GMT, by Crown Forex The trade deficit did narrow yet still imports falling had the deepest impact while as well exports slowed! So no good growth from it yet slight expec...
U.S. Trade Deficit Continues to RetreatMay 09 13:42 GMT, by RBC Financial Group The U.S. international trade deficit narrowed to US$58.2 billion in March from a downwardly revised US$61.7 billion (prior US $62.3 billion) In Februa...
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Daily Technical Reports |
Daily Forex Outlook: USD/JPYMay 09 15:35 GMT, by Karoll Financial House The chart shows my working count for the movement started from 105.56. The fall is spectacular but I do not think that it is impulsive in nature. I la...
FX Thoughts for the DayMay 09 12:40 GMT, by Kshitij Consultancy Services The Aussie is likely to continue to trade sideways between 0.9330-9530 for some more days, possibly for a few more weeks. In the longer term, it is ge...
Daily Technical StrategistMay 09 12:03 GMT, by FXTechstrategy EUR recovered higher to close the session at 1.5405 Thursday after pushing below its May 02'08/Mar 24'08 lows/.382 Ret (1.4438-1.6018 rally) at 1.5360...
Euro May Enter Fastest Part of DeclineMay 09 11:59 GMT, by DailyFX As stated yesterday, we are bearish as long as price is below 1.5594 (red line). An unexpected move above there would cause us to reassess the situati...
Technical Analysis Daily: USD/JPYMay 09 11:54 GMT, by iFOREX.bg The downward trend of Japanese Yen against the US Dollar continued and the currency couple reached today 102.80, which is the first support for today....
Currency Pair Daily ForecastsMay 09 09:48 GMT, by Finotec Group EUR/USD-market strategy can be a buy till the level $1.5509 To strengthen our analysis; we use many other indicators, starting with MACD (Moving Avera...
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Market News Updates |
Mid-Morning Market Recap: Canadian Dollar up a Cent as Oil Hits $126 May 09 15:13 GMT, by CEP News (CEP News) - The Canadian dollar got a boost from a fifth consecutive day of record high oil prices and strong Canadian job growth. Equities are down after Citigroup said it will sell as much as $400 billion in assets and AIG announced plans to raise...
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Action Insight Newsletter |
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Interest Rates |
 2.00% |
 4.00% |
 0.50% |
 5.00% |
 2.75% |
 3.00% |
 7.25% |
 8.25% |
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Speeches and Publications |
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| Forex Top Movers |
Ccy Heat Map |
| Pair | Rate | Chng % |
|---|
| GBPCAD | 1.9609 | -1.36% |
| NZDJPY | 78.94 | -1.34% |
| AUDCAD | 0.9475 | -1.28% |
| GBPCHF | 2.0317 | -1.07% |
| USDCAD | 1.0065 | -1.04% |
| GBPJPY | 200.66 | -1.02% |
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| USD |
|---|
| EUR | |
| JPY | |
| GBP | |
| CHF | |
| CAD | |
| AUD | |
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| Action Bias & Pivot Points |
| Currency |
Last |
Bias |
S1 |
R1 |
| EURUSD |
1.5452 | Neutral | 1.5304 | 1.5462 |
| USDJPY |
102.97 | Neutral | 103.11 | 104.65 |
| GBPUSD |
1.9473 | Down | 1.9487 | 1.9606 |
| USDCHF |
1.0427 | Neutral | 1.0452 | 1.0595 |
| USDCAD |
1.0064 | Down | 1.0107 | 1.0204 |
| AUDUSD |
0.9412 | Neutral | 0.9370 | 0.9478 |
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