|Apr 23 10:44 GMT|
Fundamental Analysis Reports
UK's Modest Investment Recovery Still A Concern
Apr 23 10:31 GMT, by
The FX markets trade on economic data / news today. The softer-than-expected AUD inflation, the ongoing contraction in China, the lower budget deficit in UK and optimistic BoE minutes, mixed PMI read...
European Market Update: Markets Pick Up As EU Earnings Get Underway, PMI Data Mixed
Apr 23 10:26 GMT, by
Dealers were hoping that the Eurozone PMI releases would help break the Euro out of its recent trading range. However, for the time being EUR/USD continued to remain locked in its recent 200 pip Apri...
Euro-Area PMI Surveys Help Euro, Pound Mixed
Apr 23 10:15 GMT, by
Euro popped higher in Europe on Wednesday, boosted by better-than-expected PMI surveys, where service sector activity reached a 34-month high and factory sector activity rose to a 3-month high, bring...
Europe Mixed On PMI Data, Ukraine Turmoil Weighs
Apr 23 09:29 GMT, by
European stocks swung between gains and losses early Wednesday, as traders weighed a string of PMI data from the euro area and China amid renewed tension in Eastern Ukraine. The markets sentiment was...
BOE Minutes: U.K. Recovery Strengthening, Inflation Pressures Subdued
Apr 23 09:13 GMT, by
Bank of England Minutes for April's monetary decision showed that policymakers were unanimous to holding both interest rate at 0.50 percent and amount of asset purchases at 375 billion pounds. The mi...
Government Not Satisfied With RBA's Hawkish Bias
Apr 23 09:08 GMT, by
It was surprisingly how just after a couple of promising reports the Reserve Bank of Australia switched to a neutral or even slightly hawkish bias. Such a shift in the sentiment provided a strong boo...
Technical Analysis Reports
Dollar/Yen Strength Ebbs On Steady Euro Zone PMIs
Apr 23 10:18 GMT, by
On Tuesday Dollar/Yen traded within narrow 30 pip range. The currency couple depreciated from 102.73 to 102.40 yesterday, matching the negative money flow sentiment at nearly -10%, closing the day at...
Technical Analysis for Major Currencies
Apr 23 09:30 GMT, by
The pair is trading weakly as the technical catalysts didn't change since yesterday, whereas the pair is stable above 38.2% correction at 1.3780 levels showing on graph. Stability above the referred ...
Technical Analysis for Crosses
Apr 23 09:30 GMT, by
The pair is fluctuating around the resistance connecting the descending tops shown on graph and that resides at 172.60. The pair must breach this level to confirm the general uptrend that depends mai...
Daily FX Report
Apr 23 08:47 GMT, by
Tonight, a report of the Chinese manufacturing showed that all previous efforts of the government to halter the further cooling of the economic growth remained restrained. Also the HSBC Purchasing Ma...
Today's Market Outlook
Apr 23 08:40 GMT, by
The single currency bounced after yesterday's attempt at near-term range floor left marginally lower low at 1.3784. Cracking important resistance at 1.3830, 21 Apr high / main bear-trendline off 1.39...
Cable Steady Ahead Of BoE Minutes
Apr 23 07:40 GMT, by
On Tuesday Pound/Dollar increased with 40 pips. The Cable appreciated from 1.6783 to 1.6840 yesterday, in line with the positive money flow sentiment at around +16%, closing the day at 1.6789. Today ...
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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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