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Dec 04 04:53 GMT
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Mid-Day Report: Yen Surges after Poor Services and Job Data from US
Dec 03 15:18 GMT, by ActionForex.com
Japanese yen strengthens across the board today after another round of poor services data from around the world. Released in US session, ISM non-maufacutring index dropped to recor...
Special Reports
RBNZ Cut Cash Rate By 150 bp To 5%, Fulfilled Expectations And We Anticipate More To Come
Dec 04 04:01 GMT, by ActionForex.com
RBNZ lowered the OCR by 150bp to 5% today, inline with market expectation. The move pushes the interest rate to the lowest since early 2004 and brings...
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A Slow Asian Session That Is Likely To Carry On
Dec 04 03:48 GMT, by TheLFB-Forex.com
Overall, the market continued to trade without momentum, that was seen during the Asian session, in the European trading hours, in which the majors di...
Euro and British Pound Outlooks Hinge Upon ECB, BOE Rate Decision - What Will They Do?
Dec 04 01:52 GMT, by DailyFX
A record drop in Euro-zone CPI and rising unemployment leaves the odds in favor of rate cut by the European Central Bank on Thursday at 7:45 ET. In fa...
US Stocks Gain On Mortgage Data. ECB And BOE Today
Dec 04 01:40 GMT, by Easy Forex
U.S. Dollar Trading (USD) had a mixed day gaining as European stocks weakened before reversing in the US session as a record rise in mortgage applicat...
Forex Exchange Morning Report
Dec 04 01:34 GMT, by Westpac Institutional Bank
US equities held their ground last night, on more stimulatory noises from the Fed, who will buy USD500 billion of mortgage and agency debt. This sent...
The Risks Ahead
Dec 04 01:30 GMT, by GFT
The volatility in the equity markets has helped the US dollar hold onto its gains. Investors are nervous about the outlook for Friday's non-farm payro...
GBP/USD Lower Ahead of BOE Rate Decision
Dec 04 01:25 GMT, by CMS Forex
The dollar traded little changed versus its rivals Wednesday. The Federal Reserve's Beige Book stated that the US economy weakened across all regions...
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Dec 04 03:42 GMT, by FX Instructor
The EURUSD made indecisive movement yesterday. The pair attempted to push lower, bottomed at 1.2600 but further bearish momentum was rejected as the p...
The Daily Forecaster: EURUSD
Dec 04 03:37 GMT, by FX-Forecaster
The break below 1.2690 blew away the directly bullish picture. However, I still feel the move so far doesn't really fit in with a MT bearish structure...
Foreign Exchange Market Commentary
Dec 04 03:16 GMT, by HY Markets
EUR/USD closed lower on Wednesday as it extends the decline off last week's high. The mid-range close sets the stage for a steady opening on Thursday....
Getting An AUDUSD Range Trade Before The NFP Storm
Dec 04 02:10 GMT, by DailyFX
Though there have been tests and false breaks for AUDUSD over the past few weeks, the technicals currently defining its range are both clear and stron...
Usd/Chf Is The Pair Slowing?
Dec 04 01:59 GMT, by TheLFB-Forex.com
The swissy has been slowly working its way higher, just not quite as smoothly as was seen during November. The pair is still in a strong trend even af...
FX Technical Commentary
Dec 04 01:47 GMT, by Easy Forex
Euro 1.2705 Initial support at 1.2563 (Nov 28 low) followed by 1.2423 (Nov 21 low). Initial resistance is now located at 1.2766 (Dec 2 low) at followe...
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Closing Market Recap: Stocks Rally in Spite of Dismal U.S. Economic Data
Dec 03 21:42 GMT, by CEP News
(CEP News) - U.S. stocks disregarded reports showing mounting job losses and a bleak outlook for the service sector on Wednesday and instead rallied for a second day. U.S. Treasury yields climbed early in the session but later fell to fresh record lo...
Market News Recap
Wednesday's News Recap: U.S. ISM Non-Mfg Index Sinks, ADP Employment Plummets
Dec 03 21:50 GMT, by CEP News
(CEP News) - It was yet another downbeat day for economic data, though U.S. stock markets closed higher. The U.S. ISM Non-Manufacturing Index reached a new 11-year low, while the ADP employment report for November showed more job losses than expected...
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CHF 1.00% CAD 2.25% AUD4.25% NZD5.00%
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PairRateChng %
AUDJPY60.04-0.78%
AUDUSD0.6452-0.54%
NZDJPY49.41-0.47%
CADJPY74.12-0.46%
EURAUD1.9676+0.44%
GBPAUD2.2871+0.43%
USD
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Action Bias & Pivot Points
Currency Last Bias S1 R1
EURUSD 1.2705 Neutral 1.26321.2771
USDJPY 93.09 Neutral 92.6793.76
GBPUSD 1.4770 Neutral 1.46531.4921
USDCHF Neutral 1.20391.2157
USDCAD 1.2546 Neutral 1.24181.2642
AUDUSD Up 0.64250.6518
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