|Mar 05 11:55 GMT|
Fundamental Analysis Reports
Could Central Banks Begin To Purchase The Euro
Mar 05 10:56 GMT, by
Aside from the euro continuing to receive aggressive punishment ahead of the ECB interest rate decision and President Mario Draghi unveiling further details regarding the imminent QE program, the oth...
ECB And Draghi Under The Spotlight
Mar 05 10:54 GMT, by
The BoE and the ECB give policy verdict today and are both expected to maintain the status quo. The BoE will certainly be a non-event for the GBP-trader, especially given that pre-election talks shou...
European Market Update: Market Awaits Details Of ECB QE Program
Mar 05 10:25 GMT, by
The EUR/USD continued to hit fresh 11 year lows as traders positioned ahead of the ECB decision and looming details of its €1.1B QE program. Some dealers pondered whether the Euro might bounce in the...
EUR Debases Pre-ECB, EM Suffer Losses
Mar 05 08:40 GMT, by
Today’s key events are the BoE, the ECB verdicts and ECB President Draghi’s press conference (at 12:00, 12:45 and 13:30 GMT respectively). The consensus is status quo on both meetings, while ECB Pres...
EUR/USD Setting Multi-Year Lows As QE Looms
Mar 05 08:03 GMT, by
Yesterday and this morning, EUR/USD dropped to new multi-year lows as markets prepare for the start of QE going into the ECB policy meeting and press conference. This move is in the first palace euro...
Australia's Economy Remains Soft, Whiles Services Sector Improves
Mar 05 07:53 GMT, by
The Australian economy experienced a tepid growth in the fourth quarter, marking the slowest annual pace of growth last year, adding to the case of further RBA actions in the coming months to revive ...
Technical Analysis Reports
EUR/USD Drops Down To 1.1035 Before ECB Meeting
Mar 05 09:57 GMT, by
After a considerable drop yesterday, EUR/USD continues declining on Thursday morning as well. On Wednesday it lost more than 100 pips and is getting additional 40-pip hit today. The Euro has already ...
GBP/USD Keeps Plunging
Mar 05 09:55 GMT, by
As the UK Services PMI was worse than expected, and later through the day the US data showed strong figures, the Pound came under strong selling pressure, and the currency depreciated dramatically. G...
USD/JPY: Correction To Take Place
Mar 05 09:54 GMT, by
On Wednesday the USD/JPY pair continued to trade between the weekly PP an R1 levels. The Greenback experienced a minor eight-pip slump, before the currency settled at 119.64. Although technical studi...
XAU/USD Remains Calm Around 1,200
Mar 05 09:51 GMT, by
XAU/USD cross showed no significant changes in course of the previous trading day as it remained hovering just around the major level of 1,200. The closest resistance and support are located at 1,207...
Today's Market Outlook
Mar 05 09:30 GMT, by
The Euro holds firm bearish tone and heads towards psychological 1.10 support, ahead of today’s ECB meeting. Yesterday’s close in long red candle and eventual completion of 1.1096/1.1532 corrective p...
EURUSD Making An Impulse Out Of A Bearish Triangle
Mar 05 09:15 GMT, by
EURUSD has accelerated to the downside yesterday and broke to new lows as expected. We have been looking for that move since we highlighted a completed triangle in fourth wave. Well, we are now track...
Analysis Report Search
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...
|ActionForex.com © 2015 All rights reserved.|