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Feb 10 06:41 GMT
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Market Overview

Mid-Day Report: Euro Mildly Firmer as Greek Austerity Deal Reached, ECB on Hold, BoE Added QE
Feb 09 14:31 GMT, by ActionForex.com
Euro is mildly firmer in early US session on report that Greek politicians have finally agreed on the austerity deal. The majority Socialist said that Prime Minister Papademos reached a tentative agreement with three coalition party leaders after a marathon meeting but no detail is released yet. This is confirmed by ECB President Draghi in the pos...
Sterling Steady as BoE Left Rates Unchanged, Expand QE by GBP 50b
Feb 09 12:16 GMT, by ActionForex.com
Sterling remains steady after BoE did what markets expected, keeping rates unchanged at 0.5% and raised the size of the asset purchase program by GBP 50b to GBP 325b as more likely than not that inflation would undershoot the 2% target in the medium term . In the accompanying statement, the bank noted that UK's recovery has slowed during 2011with...
Daily Report: Euro Rises as Venizelos Heads to Brussels, ECB and BoE Watched
Feb 09 06:48 GMT, by ActionForex.com
Euro manages to extend recent rally against dollar and yen even though the Greek situation remains unresolved. Greek officials sounded optimistic as a statement from Prime Minister Papademos said that political leaders have agreed on all the points of the program with the exception of one which requires further elaboration and discussion. It's b...
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Technical Outlook

GBP/JPY Mid-Day Outlook
Intraday bias in GBP/JPY remains neutral for the moment and more consolidations could be seen below 122.85 temporary to... - Feb 09 14:02 GMT
EUR/JPY Mid-Day Outlook
Intraday bias in EUR/JPY remains on the upside with 101.65 minor support intact. Current rebound from 97.03 is expected... - Feb 09 13:59 GMT
EUR/USD Mid-Day Outlook
Intraday bias in EUR/USD remains on the upside with 1.3214 minor support intact. Current rise from 1.2625 is expected t... - Feb 09 13:55 GMT
GBP/USD Mid-Day Outlook
Intraday bias in GBP/USD remains neutral for the moment and more consolidation could be seen below 1.5928 temporary top... - Feb 09 13:52 GMT
USD/CHF Mid-Day Outlook
Intraday bias in USD/CHF remains on the downside with 0.9151 minor resistance intact. Current fall from 0.9594 is expec... - Feb 09 13:50 GMT
USD/JPY Mid-Day Outlook
USD/JPY rises further to as high as 77.35 so far in early US session and remains firm. Intraday bias is on the upside f... - Feb 09 13:48 GMT
AUD/USD Daily Outlook
With 1.0701 minor support intact, near term outlook in AUD/USD remains cautiously bullish. Current rise is expected to ... - Feb 09 07:54 GMT
USD/CAD Daily Outlook
Downside momentum in USD/CAD is a bit unconvincing for the moment. But with 1.0070 resistance intact, bear term outlook... - Feb 09 07:52 GMT
EUR/USD Daily Outlook
EUR/USD's rally is still in progress and intraday bias remains on the upside for 61.8% retracement of 1.4246 to 1.2625 ... - Feb 09 07:42 GMT
GBP/USD Daily Outlook
GBP/USD formed a temporary top at 1.5928 and intraday bias is turned neutral for the moment. Nonetheless, near term out... - Feb 09 07:34 GMT
USD/CHF Daily Outlook
USD/CHF drops further to as low as 0.9091 so far today and intraday bias remains on the downside for 0.9065 support. As... - Feb 09 07:28 GMT
USD/JPY Daily Outlook
USD/JPY's rebound from 76.02 resumed after brief retreat and edged higher to 77.23 so far. Further rise could be seen b... - Feb 09 07:28 GMT

Special Reports

As Expected, BOE Added More Stimulus while ECB Stood Aside
Feb 09 16:39 GMT
The BOE expanded the asset purchase program by +50B pound to 325B pound and left the Bank rate at 0...
ECB To Stand On The Sideline While BOE To Extend Asset Purchases
Feb 08 07:02 GMT
Although Greece's PSI and its access to the new tranche of bailout fund dragged on, market sentimen...
RBA Unexpectedly Paused After 2 Successive Rate Cuts
Feb 07 05:17 GMT
The RBA unexpectedly left the cash rate unchanged at 4.25% in February, in contrast with consensus ...
2012 Forecast: NZD To Outperform USD And AUD Due To Rate Differential
Feb 06 09:00 GMT
It's likely that the RBNZ will stand on the sideline for most of this year. Without much change in ...
RBA to Cut Interest Rates for Third Consecutive Time in February
Feb 06 06:07 GMT
We expect the RBA will reduce its cash rate by -25 bps to 4.0% at the February meeting. This third ...
2012 Forecasts: Canadian Dollar To Be Support By QE3 In 2H12
Feb 03 08:50 GMT
Canada will by no means escape from the recent global economic turmoil. As an economy heavily relia...
All Special Reports >>
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