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Nov 20 12:55 GMT
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Daily Report: Risk Aversion Back as Stocks Tumble on Recession and Deflation Worry
Nov 20 06:59 GMT, by ActionForex.com
The Japanese yen strengthens sharply today as risk aversion is back in the markets following late selloff in the US stock markets. S&P 500 tumbled to 5 year low at 806 while DOW is back below 8000 level. The selloff continues in Asian stock markets with Nikkei down over 6% to...
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Swiss National Bank Cuts 3-Month LIBOR Rate By 100bp To Meet 2% Target for Inflation
Nov 20 12:46 GMT, by DailyFX
The Swiss National Bank surprised the markets for the third time as the central bank unexpectedly lowered the 3-month LIBOR target rate by 100bp to 0....
European Fundamentals Fail to Impress
Nov 20 12:33 GMT, by DailyFX
Retail spending in the U.K. fell 0.1% in October following a 0.5% decline in the previous month, which was much stronger than the 0.9% fall projected...
SNB Cut 3-Month Target Rate by 100 bp to 1.00%
Nov 20 12:25 GMT, by DailyFX
The SNB cut the target range for 3m Libor by 100 bp to 0.5-1.5% in another inter-meeting move. The SNB said in a statement that as a result of price f...
Pressure on Japanese MOF
Nov 20 11:52 GMT, by Investica
There will be additional pressure on the Japanese Finance Ministry to stem further yen appreciation with an increased threat of intervention warnings....
Pound Losses Continue As Retail Sales Fall For Second Month
Nov 20 11:19 GMT, by DailyFX
The Pound continued to fall leading up to the U.K. retail sales report, before it pared some of its losses when the reading was better than expected....
European Market Update
Nov 20 10:58 GMT, by Trade The News
In Currencies: risk aversion has been seen in overnight trade, and more of the same can be expected today. The USD and JPY continue to reflect the equ...
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FX Thoughts for the Day
Nov 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...
Today's Market Outlook
Nov 20 12:43 GMT, by Windsor Brokers Ltd
GBPUSD Correction from 1.4560, 13 Nov yearly low, met 1.5249 yesterday, with immediate retreat followed. Near-term trend hinges on 1.4998/98, Tuesday/...
Technical Analysis Daily: USD/JPY
Nov 20 11:16 GMT, by iFOREX.bg
Following the upward adjustment on Tuesday, the Dollar/Yen continued its bearish scenario. The currency couple made a bottom yesterday at 95.67 and cl...
Forex Technical Analysis
Nov 20 09:54 GMT, by DeltaStock Inc.
EUR/USD is in а downtrend, after finalizing the rebound from 1.3882 (Sept. 11 2008) at 1.3882. Technical indicators are falling, and trading is...
Currency Technical Report
Nov 20 09:49 GMT, by FX Greece
High volatility yesterday, as euro broke the first resistance levels that set the short term ranges and moved to 1,2800-10 area. The break of the tren...
Currency Pair Daily Forecasts
Nov 20 09:45 GMT, by Finotec Group
Euro/dollar strategy can be a sell the pair at 1.2471 targeting to 1.2380 An OSCILLATOR MACD is bearish and bellows the zero line RSI, relative streng...
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European Market Recap: Eurostoxx, FTSE 100, DAX all Down
Nov 20 08:40 GMT, by CEP News
European stock markets were declining with the Eurostoxx down 44.63 points to 1987.66, the UK FTSE 100 down 81.68 points to 3924 and the German DAX down 115.16 points to 4238.93. The Japanese Nikkei was trading down 570.18 points to 7703.04. All...
Market News Recap
Overnight Express: Stocks Melt, Bonds Spike, SNB Cut 100 Bps Intermeeting
Nov 20 12:22 GMT, by CEP News
The following is a summary of the main economic events from the overnight:
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Breaking News:SNB Cut by 100bps to 1.00%
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USD 1.00% EUR3.25% JPY0.30% GBP3.00%
CHF 1.00% CAD 2.25% AUD5.25% NZD6.50%
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Forex Top Movers Ccy Heat Map
PairRateChng %
EURAUD1.9942+1.68%
AUDJPY60.04-1.45%
AUDUSD0.6286-1.24%
AUDNZD1.1634-0.95%
AUDCAD0.7912-0.91%
EURGBP0.8426+0.88%
USD
EUR
JPY
GBP
CHF
CAD
AUD
Action Bias & Pivot Points
Currency Last Bias S1 R1
EURUSD 1.2533 Neutral 1.23761.2706
USDJPY 95.54 Neutral 95.1996.68
GBPUSD 1.4868 Down 1.48191.5165
USDCHF Neutral 1.20041.2207
USDCAD 1.2575 Neutral 1.23681.2635
AUDUSD 0.6292 Down 0.62840.6520
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