|Jul 29 22:54 GMT|
Fundamental Analysis Reports
Legitimately Crying Over Spilt Milk Prices
Jul 29 15:45 GMT, by
European equity and currency markets diverged from one another today as the FTSE, DAX, and CAC all recovered from early squandering to finish comfortably in the green, while currencies like the EUR, ...
US Consumer Confidence Surges in July; Existing Home Prices Decline in May
Jul 29 15:42 GMT, by
The Conference Board's measure of US consumer confidence jumped by 4.5 points to 90.9 in July 2014 (market expectations had been for a reading of 85.5) to build on the revised 4.2 increase to 86.4 in...
USD/CAD - Sagging Loonie Drops to Five-Week Lows
Jul 29 15:19 GMT, by
The shaky Canadian dollar has resumed its losing ways on Tuesday. USD/CAD has risen to the mid-1.08 level, its highest level since mid-June. On the release front, CB Consumer Confidence stunned the m...
AUD/USD - Aussie Dips Despite Strong Australian Housing Data
Jul 29 15:18 GMT, by
AUD/USD has edged lower on Tuesday, as the pair has dipped below the 0.94 line. On the release front, HIA New Home Sales posted a strong gain of 1.2% last month. In the US, CB Consumer Confidence stu...
USD/JPY - Yen Weakens as Japanese Consumer Spending Slips
Jul 29 13:53 GMT, by
USD/JPY has posted gains on Tuesday, as the pair has pushed above the 102 line and hit three-week highs. The dollar took advantage of disappointing Japanese consumer spending in June. On Tuesday, Jap...
Month-End FX Rebalancing May Reflect July's Price Action: Lackluster
Jul 29 13:45 GMT, by
In order to predict these flows and how they impact FX traders, we've developed a model that compares monthly changes in total asset market capitalization in various countries. In our model, a relati...
Technical Analysis Reports
As Nikkei Rallies, Upward Pressure Mounts for USD/JPY
Jul 29 13:40 GMT, by
Back in May, we looked at the correlation between the Nikkei and USD/JPY and stated that both assets may have bottomed out and that some significant gains could be on the way. While we were correct a...
Forex Technical Analysis
Jul 29 09:58 GMT, by
The overall outlook here remains bearish, for a slide through 1.3380, en route to 1.3280 support zone. Initial minor resistance lies at 1.3450, followed by the major one at 1.3502.
Dollar/Yen At Three Week High, Touching 102
Jul 29 09:27 GMT, by
On Monday Dollar/Yen traded within small 15 pip range. The currency couple appreciated from 101.74 to 101.91 yesterday, matching the positive money flow sentiment at over +10%, closing the day at 101...
Technical Analysis for Major Currencies
Jul 29 09:12 GMT, by
The pair was trading within a thin range yesterday, limited below 1.3480, stability below of which will keep bearishness in favor. The pair eyes a test of 50% Fibonacci correction at 1.3375 areas; ou...
Technical Analysis for Crosses
Jul 29 09:11 GMT, by
Market has been trapped within a narrow range since the opening of this week, while prices continue to flirt with 173.00 regions. The two levels to watch reside at 172.50 and 174.25. Downside target ...
Today's Market Outlook
Jul 29 09:02 GMT, by
The Euro maintains overall negative tone and posts new low at 1.3420, Fibonacci 138.2% expansion of the third wave from 1.3699, 01 July. Near-term narrow range consolidative action is under way and s...
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Long Term Forecasts
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...
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 ...
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