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Dec 21 19:22 GMT

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Market Overview

Weekly Review and Outlook: Dollar Resumed Up Trend, With a Little Help from SNB
Dec 21 04:19 GMT, by ActionForex.com
The greenback ended up as the strongest major currency last week after much volatility in the markets. Stocks' strong rebound after FOMC statement suggested that markets took the message that Fed will be patient about hiking interest rate, and thus, shouldn't provide much support to the dollar. Indeed, dollar lost some momentum after initial rally...
Mid-Day Report: CAD Mildly Lower after Weak Inflation Data
Dec 19 13:50 GMT, by ActionForex.com
Canadian dollar weakens mildly in early US session after weaker than expected inflation data. Headline CPI dropped -0.4% mom in November and dragged annual rate to 2.0% yoy. That was much weaker than expectation of -0.2% mom, 2.3% yoy. Core CPI also dropped -0.2% mom and slowed to 2.1% yoy versus expectation of 0.1% mom and 2.4% yoy. Retail sales ...
Daily Report: Risk Appetite Returned and Dollar Firm
Dec 19 06:55 GMT, by ActionForex.com
US equities staged another day of strong rally overnight and the positive sentiments carried on in Asian session. DJIA jumped 421.28 pts, or 2.43% to close at 17578.15, and is having the 17991.18 record high back in sight. That's also the biggest daily gain since December 2011. Meanwhile, S&P 500 48.34 pts, or 2.4%, to close at 2061.23. The co...
All Market Overview Reports >>

Technical Outlook

EUR/USD Weekly Outlook
EUR/USD's late break of 1.2246 last week indicates that recent fall from 1.3993 has resumed. Initial bias is on the dow... - Dec 20 14:49 GMT
USD/JPY Weekly Outlook
USD/JPY's rebound last week suggests that pull back from 121.84 has completed at 115.55, ahead of 38.2% retracement of ... - Dec 20 14:33 GMT
GBP/USD Weekly Outlook
GBP/USD continued to stay in range of 1.5540/5825 last week. Initial bias remains neutral this week for some more conso... - Dec 20 14:30 GMT
USD/CHF Weekly Outlook
USD/CHF's break of 0.9817 resistance last week confirmed resumption of recent rally from 0.8698. Initial bias remains o... - Dec 20 14:26 GMT
AUD/USD Weekly Outlook
AUD/USD's down trend continued last week and met 100% projection of 0.9401 to 0.8642 from 0.8910 at 0.8151. There is no... - Dec 20 14:20 GMT
USD/CAD Weekly Outlook
USD/CAD edged higher to 1.1672 last week but formed at temporary top there after hitting 1.1666 fibonacci resistance. I... - Dec 20 14:13 GMT
GBP/JPY Weekly Outlook
GBP/JPY's rebound last week suggests that pull back from 189.70 is finished at 181.59, just ahead of mentioned 181.09, ... - Dec 20 14:08 GMT
EUR/JPY Weekly Outlook
The correction from 149.76 continued last week. Initial bias in EUR/JPY remains mildly on the downside for deeper decli... - Dec 20 14:05 GMT
EUR/GBP Weekly Outlook
EUR/GBP's late dip last week and the break of 0.7832 support suggests that deeper fall is in favor in near term. Initia... - Dec 20 14:02 GMT
EUR/AUD Weekly Outlook
EUR/AUD rose further to 1.5331 last week but formed a temporary top there and retreated. Initial bias is neutral this w... - Dec 20 13:58 GMT
EUR/CHF Weekly Outlook
EUR/CHF spiked higher to 1.2096 last week as SNB surprised the market by introducing negative rates. But the cross quic... - Dec 20 13:54 GMT
USD/CHF Mid-Day Outlook
Intraday bias in USD/CHF remains on the upside for the moment. Prior break of 0.9817 resistance confirmed resumption of... - Dec 19 13:57 GMT

Special Reports

Fed Replaced 'Considerable Time' Language With Patience In Normalization
Dec 18 04:04 GMT
Fed members removed the 'considerable time' language in the December FOMC statement, suggesting tha...
SNB Surprisingly Introduces Negative Rates To Defend EURCHF Floor
Dec 19 04:01 GMT
The SNB surprisingly announced to cut interest rate to -0.25% on sight deposit account balances tha...
BOE: Sharp Fall In Oil Prices Supportive Of Economy. Benign Inflation Signaled Rate Hike Not The Time Yet
Dec 17 11:08 GMT
The BOE minutes for the December meeting showed that the members had detailed discussions over the ...
RBA Minutes Downplayed Rate Cut Expectations
Dec 16 07:42 GMT
The RBA minutes for the December meeting offered little news. Policymakers warned of the strength i...
The Week Ahead for December 15: Will FOMC Remove "Considerable Time" Reference?
Dec 15 11:54 GMT
The Fed officials would be meeting for the last time this year on Wednesday. While it is almost def...
China Watch – Disappointing IP And Inflation Urges China To Heighten Stimulus
Dec 12 11:25 GMT
China's November economic data showed mixed developments. However, together with soft inflation dat...
All Special Reports >>
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