May 04 04:06 GMT


Forex Expos

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Market Overview

Daily Report: Dollar Rebounded on Hawkish Fedspeaks
May 04 03:56 GMT, by
Dollar rebounded strongly overnight on comments of Fed officials. Atlanta Fed president Dennis Lockhart called June rate hike a real option . And, two rate hikes this year are certainly possible as we have enough meetings remaining but it depends entirely on how the economy evolves . San Francisco Fed president John Williams said the economic ...
US Session: Orders and Options Watch
May 03 13:52 GMT, by
EUR: The single currency has retreated after intra-day rise to 1.1616, offers are still noted at 1.1600, 1.1620-25 and 1.1650, selling interest is tipped at 1.1680 and 1.1700. On the downside, bids are seen at 1.1540-45, 1.1520 and 1.1500, buy orders are expected at 1.1480 and 1.1445-50, buying interest should emerge around 1.1420-25 and 1.1400.
Mid-Day Report: Commodity Currencies Hit by Falling Stocks, Aussie Extends Post RBA Decline
May 03 12:53 GMT, by
Commodity currencies are trading broadly lower today as firstly dragged down by the surprised rate cut by RBA. Meanwhile, global stock markets tumble as hurt by a string of weak earnings. European indices are generally lower at the time of writing with DAX down -1.8%, FTSE down -1% and CAC down -1.5%. US futures also point to lower open as DJIA's ...
All Market Overview Reports >>

Technical Outlook

USD/CAD Daily Outlook
A temporary low is in place at 1.2460 and intraday bias in USD/CAD is turned neutral first. Continuous bullish converge... - May 04 03:57 GMT
GBP/USD Mid-Day Outlook
A temporary top in formed after GBP/USD hits 1.4769. Intraday bias is turned neutral first for some consolidations. Nea... - May 03 13:04 GMT
EUR/USD Mid-Day Outlook
Intraday bias in EUR/USD remains on the upside with 1.1513 minor support intact. Current rise form 1.0517 should target... - May 03 12:59 GMT
USD/CHF Mid-Day Outlook
Intraday bias in USD/CHF remains on the downside for 61.8% projection of 1.0091 to 0.9498 from 0.9796 at 0.9430 first. ... - May 03 12:57 GMT
USD/JPY Mid-Day Outlook
Intraday bias in USD/JPY remains on the downside with 106.81 minor resistance intact. Current down trend from 125.85 sh... - May 03 12:54 GMT
EUR/AUD Daily Outlook
EUR/AUD's rebound from 1.4432 continues today and the break of 1.5201 resistance confirms that whole decline from 1.625... - May 03 09:10 GMT
EUR/GBP Daily Outlook
As noted before, the pull back from 0.8116 should be finished at 0.7734 already. Intraday bias remains on the upside fo... - May 03 09:07 GMT
GBP/JPY Daily Outlook
Intraday bias in GBP/JPY remains on the downside for 151.64 low. The larger decline from 195.86 could be resuming and b... - May 03 09:05 GMT
EUR/JPY Daily Outlook
A temporary low is in place at 121.67 and intraday bias is turned neutral first. Recovery should be limited well below ... - May 03 09:02 GMT
EUR/CHF Daily Outlook
Intraday bias in EUR/CHF remains neutral for the moment. We maintain the view that rebound from 1.0809 is resuming and ... - May 03 08:59 GMT
GBP/USD Daily Outlook
GBP/USD's rise continues and reaches as high as 1.4769 so far. The firm break of 1.4667 resistance indicates strong ups... - May 03 08:27 GMT
EUR/USD Daily Outlook
EUR/USD's rally continues today and reaches 1.1615 so far. Intraday bias remains on the upside and current rise form 1.... - May 03 08:19 GMT

Special Reports

Moderation In China's Manufacturing Activities Cast Doubt Over Sustainability Of Growth
May 03 09:30 GMT
China's manufacturing activities in April, both official and Caixin/Markit figures showed. NBS' man...
RBA Surprisingly Cut Cash Rate To 1.75%
May 03 07:41 GMT
RBA cut the cash rate, by -25 bps, to 1.75% in May, the first adjustment in a year, as core CPI fel...
BOJ Failed To Take Loan Rates To Negative, Downgrading Growth And Inflation Forecasts
Apr 29 02:44 GMT
Contrary to market expectations of taking interest rates on loans to the negative territory, BOJ le...
RBNZ Keeps Its Powder Dry In April, Less Dovish Though Easing Bias Remains
Apr 28 03:55 GMT
Following a rate cut in March, the RBNZ left the policy rate unchanged at 2.25% this month. The acc...
Fed Removes Language On Risks, June Hike Remains Possible But Uncertainty Increases
Apr 28 03:41 GMT
The Fed again left the monetary policy unchanged in April with Kansas City Fed president Esther Geo...
Draghi Affirms Positive Impacts of Stimuli, Defends Independence of ECB as He Faces Criticism
Apr 21 14:18 GMT
As expected, ECB left the main refi rate unchanged at 0%, the deposit at -0.4% and the asset purcha...
All Special Reports >>
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