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Mid-Day Report: Dollar Got No Boost From GDP RevisionAug 28 13:25 GMT, by ActionForex.com Dollar shows little reaction to stronger than expected upward revision in US Q2 GDP. Instead, volatility is again seen in the Japanese yen. Preliminary Q2 GDP annualized growth rate was revised higher from 1.9% to 3.3% versus expectation of 2.7%. Record exports and the smallest t...
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Daily Fundamental Reports |
Dollar Index And The Financial SectorAug 28 20:58 GMT, by TheLFB-Forex.com We said recently that if the dollar was to continue its advance, it would do so partially on sentiment while the Federal Reserve waits for slowing eco...
New York Session RecapAug 28 20:55 GMT, by Forex.com The USD was bid against the majors as concerns about Hurricane Gustav's impact on oil prices were assuaged when the International Energy Agency said i...
US Dollar: Oil and InterventionAug 28 20:49 GMT, by Global Forex Trading There has been quite a bit of activity in the US dollar today as oil prices swing from positive to negative territory. Concerns about Tropical Storm G...
U.S. Session Wrap: Where is the recession?Aug 28 20:47 GMT, by TheLFB-Forex.com According to government figures, the economy expanded at a 3.3% annualized pace in the second quarter. So even though the U.S. appears far removed fro...
Forex Fundamental OutlookAug 28 19:33 GMT, by GCI Financial Data released in the U.S. today saw Q2 gross domestic product growth of an annualized 3.3%, above the 2.7% forecast. The gains were attributable to ex...
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Daily Technical Reports |
FX Thoughts for the DayAug 28 11:33 GMT, by Kshitij Consultancy Services USDCHF has been facing selling pressure near 1.0940-30, however, it has a substantial amount of Support at 1.0900. A break of 1.09, if seen later in t...
Elliott Wave - Gold, AUD/USD, USD/CHFAug 28 11:31 GMT, by TheLFB-Forex.com Resistance on the U.S. dollar index that was mentioned in yesterday's analysis and it held prices below 78.00, and therefore showed some dollar weakne...
Daily Technical StrategistAug 28 11:27 GMT, by FXTechstrategy GBP's bearish medium term structure remains intact having reversed its intra-day gains (1.8488) to register a two-year low of 1.8283 before closing We...
Technical Analysis Daily: USD/JPYAug 28 10:29 GMT, by iFOREX.bg The US Dollar climbed significantly yesterday against the Japanese Yen from Wednesday's bottom 108.70 to the top 109.88, which are the first support a...
Currency Pair Daily ForecastsAug 28 09:48 GMT, by Finotec Group EUR/USD-market strategy can be a buy from the level 1.4720$ To strengthen our analysis; we use many other indicators, starting with MACD (Moving Avera...
Forex Technical AnalysisAug 28 08:57 GMT, by DeltaStock Inc. EUR/USD is in а downtrend from 1.6039 (15 July 2008). Technical indicators are descending and trading is situated below the 50- and 200-Day SMA,...
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Market News Updates |
Closing Market Recap: North American Equities Continue Surge Aug 28 21:09 GMT, by CEP News (CEP News) - The Dow Jones Industrial Average and TSX Composite Index both gained more than 200 points on Thursday. U.S. stocks made gains on a commodity selloff and better-than-expected GDP figures, while Canadian stocks climbed after strong bank ea...
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Action Insight Newsletter |
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Interest Rates |
2.00% |
4.25% |
0.50% |
5.00% |
2.75% |
3.00% |
7.25% |
8.00% |
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Speeches and Publications |
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| Forex Top Movers |
Ccy Heat Map |
| Pair | Rate | Chng % |
|---|
| NZDUSD | 0.7042 | +0.36% |
| USDJPY | 109.11 | -0.34% |
| CADJPY | 103.79 | -0.34% |
| USDCHF | 1.0949 | -0.33% |
| GBPJPY | 199.80 | -0.25% |
| EURUSD | 1.4741 | +0.24% |
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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 |
1.4742 | Neutral | 1.4648 | 1.4788 |
| USDJPY |
109.12 | Down | 108.93 | 109.87 |
| GBPUSD |
1.8313 | Neutral | 1.8222 | 1.8384 |
| USDCHF |
1.0949 | Neutral | 1.0908 | 1.1037 |
| USDCAD |
1.0507 | Neutral | 1.0446 | 1.0553 |
| AUDUSD |
0.8643 | Neutral | 0.8569 | 0.8686 |
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