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Oct 24 14:40 GMT

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Market Overview

US Session: Orders and Options Watch
Oct 24 14:21 GMT, by ActionForex.com
EUR: The single currency recovered on dollar's broad-based retreat against European currencies, offers at 1.2680-85 were filled but sell orders are still noted at 1.2700 and 1.2725-30, more selling interest is expected at 1.2740-50, 1.2770 and 1.2785-90, mixture of offers and stops is located at 1.2800. On the downside, bids are raised to 1.2640-5...
Mid-Day Report: Sterling Steady as GDP Met Expectation
Oct 24 12:33 GMT, by ActionForex.com
Sterling is steady in range today as data showed GDP growth moderated to 0.7% qoq in Q3, inline with consensus. Looking at the details, services were the largest contribution and climbed 0.7% qoq. Production rose 0.5% qoq while construction grew 0.8% qoq. The data showed that growth in UK remained solid and would likely continue to outperform most...
European Session: Orders and Options Watch
Oct 24 09:14 GMT, by ActionForex.com
EUR: The single currency traded narrowly after falling to 1.2614 yesterday, orders are still noted at 1.2680-85, 1.2700 and 1.2725-30, more selling interest is expected at 1.2740-50, 1.2770 and 1.2785-90, mixture of offers and stops is located at 1.2800. On the downside, bids are seen at 1.2625-35 and 1.2600-10, more buy orders are tipped at 1.256...
All Market Overview Reports >>

Technical Outlook

EUR/USD Mid-Day Outlook
Focus remains on 1.2624 minor support. Firm break of 1.2624 will indicate that the correction from 1.2500 has completed... - Oct 24 12:42 GMT
USD/CHF Mid-Day Outlook
At this point, focus remains on 0.9561 minor resistance. Break will confirm that pull back from 0.9688 has finished at ... - Oct 24 12:40 GMT
USD/JPY Mid-Day Outlook
Intraday bias in USD/JPY remains on the upside for the moment. As noted before, the pull back from 110.08 is completed ... - Oct 24 12:38 GMT
GBP/USD Mid-Day Outlook
Intraday bias in GBP/USD remains neutral and the consolidation from 1.5876 might extend. But in any case, as long as 1.... - Oct 24 12:34 GMT
GBP/JPY Daily Outlook
Intraday bias in GBP/JPY remains neutral for the moment. Prior break of 169.34 was taken as an indication of medium ter... - Oct 24 08:23 GMT
EUR/JPY Daily Outlook
Intraday bias in EUR/JPY remains neutral for the moment. Prior break of 135.50 support was taken as an indication of me... - Oct 24 08:21 GMT
EUR/GBP Daily Outlook
No change in EUR/GBP's outlook. Intraday bias remains neutral for the moment and some more consolidations could be seen... - Oct 24 08:19 GMT
EUR/AUD Daily Outlook
As noted before, the rebound from 1.3792 could have finished at 1.4704 already. Break of 1.4313 will confirm near term ... - Oct 24 08:17 GMT
EUR/CHF Daily Outlook
No change in EUR/CHF's outlook. The consolidation from 1.2044 should be completed at 1.2139. Deeper fall is expected to... - Oct 24 08:15 GMT
AUD/USD Daily Outlook
Intraday bias in AUD/USD remains neutral as consolidation from 0.8642 continues. In case of another recovery, we'd expe... - Oct 24 02:56 GMT
USD/CAD Daily Outlook
USD/CAD's consolidation from 1.1385 is still in progress and intraday bias remains neutral. Again, near term outlook st... - Oct 24 02:54 GMT
EUR/USD Daily Outlook
Focus remains on 1.2624 minor support. Firm break of 1.2624 will indicate that the correction from 1.2500 has completed... - Oct 24 02:52 GMT

Special Reports

BOC Revised Growth And Inflation Outlook Higher In October
Oct 23 05:31 GMT
The BOC left the overnight rate unchanged at 1% in October. Accordingly, the Bank rate stayed at 1....
British Pound Declined after Dovish BOE Minutes
Oct 22 13:08 GMT
The British pound slipped after the release of the BOE minutes for the October meeting though it co...
Decelerated Chinese Growth Calls For More Easing
Oct 21 09:06 GMT
China's GDP growth exceeded market expectations in 3Q14 but the dataflow for September depicted a m...
RBA Reiterated A Period Of Stable Interest Rates
Oct 21 07:33 GMT
The RBA minutes for the October sent little surprise and the message was largely the same as the Se...
Fed's Beige Book Described US Growth As 'Modest to Moderate'
Oct 16 05:38 GMT
The Beige Book prepared by the Minneapolis Fed, covering the period before October 6 and does not i...
Weakness In Inflation Should Prompt PBOC To Add Stimulus
Oct 15 07:43 GMT
Headline CPI in China decelerated to +1.6% y/y in September from +2% in the prior month. Food infla...
All Special Reports >>
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