|Apr 17 03:50 GMT|
Fundamental Analysis Reports
BOJ's Kuroda Boosts Optimism To Japan's Outlook
Apr 17 03:40 GMT, by
The Bank of Japan governor, Haruhiko Kuroda, affirmed on Wednesday that the bank's optimism towards the world's third largest economy has increased despite the current global financial markets' wane.
North American Wrap-Up: Yellen Me Softly
Apr 17 03:39 GMT, by
We've reached the halfway point of the North American trading week, and today was much less volatile than the previous day. Where yesterday's price action was dominated by concerns of conflict for ha...
Stock Recovery Lost On FX Markets, Aussie At Risk Into Easter
Apr 17 03:32 GMT, by
There is no point arguing with the market because the market is the market and prices go where prices go but if you needed to know the strength and depth of the relationship between free money and st...
Bank of Canada Holds Overnight Rate at 1.00%; Core Inflation to Remain Contained
Apr 16 16:17 GMT, by
The Bank of Canada met expectations today by holding the policy rate at 1.0% and maintaining a neutral policy bias. The statement highlighted the Bank's expectation that the core inflation will remai...
Nothing Untoward From The BoC
Apr 16 15:59 GMT, by
The Bank of Canada did what was expected of them - absolutely nothing. Today they held firm, and maintained their overnight rate at +1%, their corresponding bank rate at +1.25% and the deposit rate a...
The Bank of Canada Tweaks Forecast, But Rate Hikes are No Closer
Apr 16 15:58 GMT, by
As was universally expected, the Bank of Canada held firm on its overnight rate, keeping it at 1.00%. More importantly, the Bank also left the balance of risks to the outlook unchanged from its Febru...
Technical Analysis Reports
Daily Forex Update: GBP/USD
Apr 17 03:43 GMT, by
GBP/USD continues to rise after the recent breakout of the daily key resistance level 1.6680. The price is expected to rise to the target level 1.6911 in the next 9 trading days. This forecast contin...
USD/SEK At 2014 Highs – Could We See 6.70 Next?
Apr 17 03:38 GMT, by
At the beginning of this month, we highlighted a developing pattern on the USD/SEK that pointed to a possible pullback from the key 6.50 area (see “Wait a SEK!” below for more details). As it turned ...
GBP/USD And GBP/JPY Could Break Higher After Strong UK Jobs Data
Apr 17 03:36 GMT, by
The pound extended its gains this morning following the release of some cheerful jobs data out of the UK. The GBP/USD climbed to an initial high of almost 1.6820, which was the previous 2014 high, wh...
GBPUSD - On The Offensive, Closes In On The 1.6819/22 Levels
Apr 16 11:48 GMT, by
GBPUSD - With GBP recovering higher and threatening the 1.3819/22 levels, further strength is envisaged. The pair needs to decisively break and hold above here to trigger further bullish offensive to...
GOLD And USDCAD Intraday: Elliott Wave Analysis
Apr 16 09:58 GMT, by
USDCAD moved to a new swing high yesterday but bullish price was not there for long. Price moved slightly down in the last two sessions, also through the support line from 1.0855 so we think that mar...
Forex Technical Analysis
Apr 16 09:47 GMT, by
The recent low at 1.3788 was practically a test of the key support around 1.3780 and the outlook is already bullish, for a rise towards 1.3904, en route to 1.3960. Initial minor resistance lies at 1....
Analysis Report Search
Long Term Forecasts
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...
USD/JPY - 2013 In Review
Dec 26 02:31 GMT, by
The Bank of Japan continued its radical monetary program in 2013, and the yen responded with sharp ...
GBP/USD - 2013 In Review
Dec 26 02:30 GMT, by
The Bank of England revised its growth forecast for 2013 to 1.6%, up from 1.4% in a previous foreca...
EUR/USD - 2013 in Review
Dec 25 13:46 GMT, by
The ECB is expecting better news in 2014, with the Eurozone economy expected to post growth of 1%. ...
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