|Aug 28 11:03 GMT|
Fundamental Analysis Reports
ECB Hires BalckRock To Provide Advice On Potential ABS-Purchase Plan
Aug 28 10:39 GMT, by
The European Central Bank said it hired BalckRock Inc, the world's biggest money manager to give advice regarding the design and implementation of a potential ABS-purchase program. An ECB spokesman s...
ECB Action: QE Or No QE? Euro Awaits Inflation Report
Aug 28 10:15 GMT, by
Euro was battered in European trades Thursday, adding to losses after previously inching off a one-year low versus the dollar, as data showing euro-area confidence more than economists in August back...
European Market Update: German Aug CPI And Euro Zone M3 Money Supply Data
Aug 28 10:13 GMT, by
Dealers noted that restored a 2-way price risk was restored in FX markets after reports circulated yesterday that any new actions from the ECB next week seemed unlikely. The focus turns to Friday's r...
Expectation For ECB Policy Drives EURCHF Lower
Aug 28 09:44 GMT, by
Strong Swiss data and geopolitical risk have helped the CHF against the EUR. Yet it's the prospect of ECB QE which keep SNB members up at night. EURCHF below 1.2100 suggests a test of the SNB “floor”...
Triple Top Could Dash The Euro's Hopes
Aug 28 09:40 GMT, by
It is no secret that the EURGBP pair is stuck in a downward sloping channel as the threat of deflation weighs heavily on the Euro. Recently the Euro has bounced off the bottom of the channel and move...
Loonie Breaks Out
Aug 28 09:37 GMT, by
Fear not, there is not a lunatic on the loose. A couple of things happened in Canada yesterday that saw a solid breakout for the Loonie (the nickname for the Canadian dollar) against the USD. These w...
Technical Analysis Reports
Dollar/Yen Gains Cease, Is Ceiling Reached
Aug 28 09:53 GMT, by
On Wednesday Dollar/Yen traded within 40 pip range. The currency couple appreciated from 104.16 to 103.77 yesterday, matching the positive money flow sentiment at above +5%, closing the day at 103.86...
Forex Technical Analysis
Aug 28 09:11 GMT, by
The intraday bias is positive and there is a clear reversal formation at 1.6534 low, so I favor a break through 1.6600 static resistance, en route to 1.6660 hurdle
Today's Market Outlook
Aug 28 09:09 GMT, by
The Euro regains strength in the near-term action, as corrective attempts off fresh low at 1.3149, extended to 1.3220, last Friday’s low and the first break point. Hourly studies turned positive, as ...
Cable Steadies As Descending Fades
Aug 28 08:17 GMT, by
On Wednesday Pound/Dollar increased with 70 pips. The Cable depreciated from 1.6535 to 1.6606 yesterday, in line with the positive money flow sentiment at over +7%, closing the day at 1.6574. Today t...
EUR/USD Undergoes Bullish Correction
Aug 28 07:31 GMT, by
Despite a plethora of 'sell' signals on the daily and weekly charts, the Euro is currently recovering, as the support at 1.3150, represented by the monthly S2, proved to be quite strong. Given the ab...
GBP/USD Returns To 1.66
Aug 28 07:27 GMT, by
The Cable refuses to leave the vicinity of the weekly PP, which has already been confirmed as a resistance level. And if the bulls continue to push the Pound away from 1.6550, they will encounter the...
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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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