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May 20 16:33 GMT

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Market Overview

Mid-Day Report: Yen Recovery Lost Steam, Markets Consolidate
May 20 13:28 GMT, by Action Forex
Markets are relatively steady in thin holiday trading today. Yen recovered earlier today but there was no follow through buying so far. Dallas Fed Fisher said today that he saw the economy picking up as they go through the year and might even grow at rate above 2.5%. Regarding Fed's expect he preferred Fed to dial back the asset purchase rathe...
US Session: Orders and Options Watch
May 20 14:41 GMT, by ActionForex.com
EUR: The single currency bounced to an intra-day high of 1.2878 in European morning and indicated selling interest at 1.2880 capped upside, offers remain from 1.2880 up to 1.2900 with some stops placed above 1.2900 but fresh offers are tipped around 1.2930 and further out at 1.2950, mixtures of offers and stops are expected at 1.2990-00 and furthe...
European Session: Orders and Options Watch
May 20 08:31 GMT, by ActionForex.com
EUR: The single currency finally recovered after resuming recent decline to as low as 1.2796 on Friday as traders covered their short positions, decent demand from Asian CBs are reported from 1.2820 down to 1.2800 with some stops placed below 1.2780-90, more buying interest from Asian sovereign names is tipped at 1.2770-75 and 1.2750 (option barri...
All Market Overview Reports >>

Technical Outlook

EUR/USD Mid-Day Outlook
No change in EUR/USD's outlook. With 1.2929 minor resistance intact, deeper decline is still expected in EUR/USD for 1.... - May 20 13:40 GMT
GBP/USD Mid-Day Outlook
No change in GBP/USD's outlook. With 1.5322 minor resistance intact, deeper decline is still expected. As noted before,... - May 20 13:38 GMT
USD/CHF Mid-Day Outlook
As long as 0.9578 support holds, further rally is still expected. Sustained trading above 100% projection of 0.9021 to ... - May 20 13:36 GMT
USD/JPY Mid-Day Outlook
With 101.82 minor support intact, further rise is still expected in USD/JPY and current rally is targeting 61.8% projec... - May 20 13:29 GMT
EUR/USD Daily Outlook
Intraday bias in EUR/USD remains on the downside for the moment and fall from 1.3242 is still in progress for 1.2746 su... - May 20 05:11 GMT
GBP/USD Daily Outlook
Intraday bias in GBP/USD remains on the downside for the moment. As noted before, corrective rebound from 1.4830 has co... - May 20 05:09 GMT
USD/CHF Daily Outlook
Further rise is still expected with 0.9578 minor support intact. Sustained trading above 100% projection of 0.9021 to 0... - May 20 05:07 GMT
USD/JPY Daily Outlook
USD/JPY loses some momentum and dips sharply today and further rise is still in favor with 101.82 minor support intact.... - May 20 05:04 GMT
USD/CAD Daily Outlook
Intraday bias in USD/CAD remains on the upside for the moment. As noted before, correction from 1.0341 has completed at... - May 20 05:00 GMT
AUD/USD Daily Outlook
With 4 hours MACD crossed above signal line, intraday bias in AUD/USD is turned neutral first for some consolidations. ... - May 20 04:56 GMT
EUR/USD Weekly Outlook
EUR/USD's fall from 1.3242 extended last week and reached as low as 1.2796. Initial bias remains on the downside this w... - May 18 10:59 GMT
USD/JPY Weekly Outlook
USD/JPY's rally extended to as high as 103.30 last week even though it lost some upside momentum. Initial bias remains ... - May 18 10:37 GMT

Special Reports

BOE Stands on the Sideline, Awaiting Carney
May 09 13:20 GMT
The BOE refrained from adding further stimulus at the May meeting, i.e. leaving the Bank rate uncha...
RBA Cut Rate To Record Low
May 07 05:49 GMT
The RBA cut the cash rate by -25 bps to 2.75% in May citing that domestic growth was 'a bit below t...
ECB Cuts Policy Rate to 0.5%, Hints for Negative Deposit Rate
May 02 16:59 GMT
The ECB cut the main refinancing rate by -25 bps to 0.5% in May, in response to the easing inflatio...
Fed Opens The Door For Further Easing As Economic Recovery Slows Down
May 02 04:20 GMT
As widely expected, the Fed left its policy stance unchanged with asset purchases of 85B maintained...
ECB To Cut Policy Rate To 0.5%
May 01 08:14 GMT
There has been increasing conviction that the ECB would announce to cut interest rates at its Thurs...
Deteriorated Economic Developments Might Trigger Fed To Consider Lengthening Asset Purchases
Apr 30 05:18 GMT
The May FOMC meeting would not be an eventful one as policymakers are not expected to change the po...
All Special Reports >>
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