|May 29 08:09 GMT|
Fundamental Analysis Reports
Dollar Rally Slows, Waiting Better US Eco Data
May 29 07:45 GMT, by
Yesterday , there was no clear driver for USD trading. USD/JPY still set a new multi-year top, but the momentum of the overall USD rebound slowed. Today, the US eco data might be slightly USD support...
WTI Losses Continue As Commodity Linked Currencies Feel The Consequences
May 29 07:34 GMT, by
While the headline attention continues to focus on Greece, investors could have found some outstanding opportunities to price weakness into those currencies linked to commodity prices yesterday. The ...
Canada's Current Account Widens In Q1
May 29 07:02 GMT, by
Canada's current account widened in the first quarter to the second highest level on record amid worsening trade, particularly in the energy sector. The deficit widened to $17.5 billion in the beginn...
Japan's Economic Data Paints Mixed Picture
May 29 07:01 GMT, by
A set of economic data from Japan painted a mixed picture with inflation and industrial production surpassing analysts' expectations, while improved labour market failed to persuade consumers to open...
UK GDP Grows 0.3% In Q1, ONS Confirms
May 29 06:15 GMT, by
The UK economic output rose in line with expectation in the first three months of 2015, marking the lowest growth rate since the fourth quarter of 2012. The British GDP expanded 0.3%, whereas economi...
Euro Zone Consumer And Business Confidence Remains Stable In May
May 29 06:10 GMT, by
The European Commission's Economic Sentiment Indicator, a measure of business and consumer confidence, was stable in May, after slightly falling in April from near the highest level in four years in ...
Technical Analysis Reports
Forex Technical Analysis
May 29 07:41 GMT, by
EUR/USD The intraday bias here is positive, for a rise towards 1.1050 major resistance area. Crucial on the downside is 1.0860 low and a break through the latter will challenge 1.0784 support zone.
Today's Market Outlook
May 29 06:22 GMT, by
Hourly recovery ascend from fresh low at 1.0818, posted on 27 May, probed above the first pivot at 1.0955, daily Ichimoku cloud base. Gains peaked at 1.0973, marking over 38.2% retracement of 1.1206/...
WTI Signalling End Of Correction
May 29 06:05 GMT, by
The low of the Bullish Hammer is above the Morning Star Reversal pattern from 23rd April to suggest an interim base could form. It also closed back inside the lower Bollinger Band after breaking to t...
NZDUSD Eyes 71c
May 29 06:03 GMT, by
The 72c target projected by the Bearish Wedge was achieved this week, but I did expect a bit more of a bounce higher before losses resumed. Instead we were treated to a mild bounce before price unrav...
Daily FX Report
May 29 05:43 GMT, by
The dollar climbed to a 12-1/2-year high against the yen on Thursday before pulling back as investors bet that U.S. interest rates will rise later this year while Japan's monetary policy remains ultr...
Foreign Exchange Market Commentary
May 29 04:54 GMT, by
THE EURO closed higher on Thursday. The highrange close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI are oversold but remain neutr...
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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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