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Mid-Day Report: Swiss Franc Sold Off after Surprised SNB 100bps CutNov 20 13:58 GMT, by ActionForex.com Swiss Franc is sold off sharply across the board after surprised rate cut from Swiss National Bank today. The SNB cut three-month Libor rate by 100bps to 0.5-1.5% in another unscheduled meeting today. The effective mid point is thus lowered to 1.00%. The bank acknowledged that "I...
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Daily Fundamental Reports |
Currency Pair OverviewNov 20 21:38 GMT, by TheLFB-Forex.com Some of the major pairs started to trend in the European session, despite the currency market coming to a standstill during the Asian trading hours. T...
Forex Fundamental OutlookNov 20 17:58 GMT, by GCI Financial The common currency gained ground on a variety of factors. First, weekly U.S. initial jobless claims surged to their highest level in nearly sixteen y...
U.S. Market UpdateNov 20 16:51 GMT, by Trade The News The unremitting, disheartening economic news hammered US equity markets in the early going. The DJIA, S&P 500 and Nasdaq all traded at fresh multi...
Labor Market Prospects DarkenNov 20 16:44 GMT, by CurrencyThoughts Gloom about job prospects was mostly responsible for a five-point drop in Belgian consumer confidence to -22 in November from -17 in October. The unem...
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Daily Technical Reports |
EUR/JPY - Recession TradeNov 20 15:40 GMT, by GFT I have long said that EUR/JPY is one of my favorite recession trades. With the Eurozone in a recession and the need for the European Central Bank to s...
Daily Technical StrategistNov 20 14:38 GMT, by FXTechstrategy EUR traded back into its symmetrical triangle Wednesday to close the session at 1.2503 after an intra day upmove pushed it to as high as 1.2814.The pa...
FX Thoughts for the DayNov 20 12:50 GMT, by Kshitij Consultancy Services GBP-USD @ 1.4863/66...Traded Bearish. Pound has traded between 1.4811 and 1.4996 during the Asian and European session. Looks bearish for the rest of...
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Market News Updates |
Midday Market Recap: Two-Year U.S. Yields Fall Below 1% for First Time Nov 20 17:32 GMT, by CEP News (CEP News) - The U.S. 2-year yield fell below 1% for the first time on Thursday as economic fears drove investors into the safest assets. Equities have been volatile and are down modestly after falling to fresh 5-year lows. The Canadian dollar is slu...
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Action Insight Newsletter |
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Interest Rates |
1.00% |
3.25% |
0.30% |
3.00% |
1.00% |
2.25% |
5.25% |
6.50% |
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Speeches and Publications |
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| Forex Top Movers |
Ccy Heat Map |
| Pair | Rate | Chng % |
|---|
| AUDJPY | 56.91 | -7.03% |
| NZDJPY | 48.75 | -6.17% |
| CADJPY | 72.24 | -5.55% |
| AUDUSD | 0.6080 | -4.67% |
| EURAUD | 2.0446 | +4.11% |
| GBPJPY | 137.74 | -3.87% |
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| USD |
| EUR | |
| JPY | |
| GBP | |
| CHF | |
| CAD | |
| AUD | |
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| Action Bias & Pivot Points |
| Currency |
Last |
Bias |
S1 |
R1 |
| EURUSD |
1.2439 | Neutral | 1.2376 | 1.2706 |
| USDJPY |
93.65 | Down | 95.19 | 96.68 |
| GBPUSD |
1.4712 | Down | 1.4819 | 1.5165 |
| USDCHF |
Up | 1.2004 | 1.2207 |
| USDCAD |
1.2958 | Up | 1.2368 | 1.2635 |
| AUDUSD |
0.6081 | Down | 0.6284 | 0.6520 |
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