All Blogs
RBNZ Smashes the Doves – TDS Research Team at TDS, notes that the RBNZ decision implies 2% OCR floor still in place while there are more headaches for long AUDNZD holders. Key Quotes “The RBNZ left the cash rate at 2...
RBNZ OCR Review: Softly, Softly – Westpac Anne Boniface, Senior Economist at Westpac, notes that as expected, the RBNZ left the OCR unchanged at 2.25% at today’s OCR Review...
RORO is back: Risk On – Risk Off Resurfaces - HSBC Research Team at HSBC, suggests that the risk on – risk off (RORO) is back. Key Quotes “In the years since the 2008 financial crisis, markets have been dominated by global forces, with local differences playing a secondary role...
FxWirePro: Silver Faces Strong Resistance at $17.75, Good to Buy at Dips Major resistance- $17.75 (May 15th 2015) Silver has made a high of $17.67 and slightly declined from that level .it is currently trading around $17.23. Short term trend is bullish as long as support $16...
Australian Bonds Rally on Weak Exports Figure, RBA Easing Expectations The Australian bonds rallied on Thursday for two consecutive days after reading weaker-than-expected first quarter exports figure, which boosted investor’s expectation for further policy easing from Reserve bank of Australia...
FxWirePro: NZD/USD Breaks Above 50% Fib at 0.6930, Targets 0.6960 RBNZ kept rates on hold at a record low of 2.25%, as widely expected, and talked down the NZD levels, while adding that the policy is likely to remain accommodative...
GBP/USD Catches Fresh Bid, Takes-out Hourly 50-SMA The British pound caught a fresh bid-wave in early Europe, now pushing GBP/USD to print fresh session tops above hourly 50-SMA located at 1.4563. GBP/USD supported above 5-DMA The GBP/USD pair rises 0.18% to fresh session highs at 1...
Daily Analysis of USDX for April 28, 2016 On the H1 chart, there was a lot of volatility in the USDX during yesterday's session, as the Index tried to break above the resistance zone of 94.70, but that was unsuccessful. Currently, a bottom can be found at the 94...
Daily Analysis of GBP/USD for April 28, 2016 GBP/USD has been doing a decline from the highs reached during the April 26th session. Currently, we're seeing that a strong support was found around the 1...
AUD/USD Stages Minor Recovery, Moves Back Above 0.7600 The AUD/USD pair has managed to recover during early Asian trade on broader USD weakness and has now moved back above 0.7600 mark...
Asian Markets Trading on a Mix Note After FOMC, RBNZ and BoJ Policy Statements, Gold Finds Support Above $1242 All the major Asian indices are trading on a mix note on Thursday as most awaited FOMC, RBNZ and BOJ statements released with no surprise...
FxWirePro: EUR/JPY Pares Losses from Weekly Lows at 123.16, Bias Lower EUR/JPY halted more than 300-pips free-fall to near 123 handle after BoJ disappointment bolstered JPY bulls. The pair recovered slightly from a dip to fresh weekly lows at 123.16 and is attempting to retake the 124 handle...
Guide to Today's Important Data and Events Lots of economic dockets scheduled for today and only few with high risks associated. Data released so far – Australia – Import price index declined -3% in first quarter while export prices have -4.7...
FxWirePro: USD/SGD Hovers Around Key Support at 1.3488, a Break Below Targets 1.3420 USD/SGD is currently trading around 1.3490 marks. It made intraday high at 1.3507 and low at 1.3459 levels. Intraday bias remains bearish till the time pair holds initial resistance at 1.3561 levels...
EUR/GBP Capped Below 0.7800, Awaits German CPI The cross in the EUR/GBP eases slightly from highs just shy of 0.78 handle, although remains better bid amid modest gains seen in the EUR/USD pair. EUR/GBP: German CPI in focus Currently, the EUR/GBP pair trades 0.06% higher at 0...
USD/JPY Sees Fresh Selling as Europe Gets Underway A renewed bout of selling interest gripped the USD/JPY pair in early Europe, as markets now await BOJ Kuroda’s press conference for fresh insights on today’s policy decision...
AUD After Weak Q1 CPI Inflation - Nomura Charles St-Arnaud, Research Analyst at Nomura, notes that the Australian CPI inflation came in weaker than expected, showing moderating inflation, especially domestically...
EUR/USD Advances to 1.1340 Amid BOJ-Led USD Sell-Off EUR/USD remains better bid on 1.13 handle as we progress towards the early European trades, with markets still digesting the Fed and BOJ policy decisions. EUR/USD finds fresh bids just shy of 1.1300 Currently, EUR/USD trades +0.13% higher at 1...
RBNZ Keeps Rates Unchanged - Nomura Charles St-Arnaud, Research Analyst at Nomura, suggests that the continued weakness in the inflation outlook forced the RBNZ to leave the door open for a cut in June. Key Quotes “The RBNZ kept its policy rate unchanged at 2...
Gold rose for a third straight session on Wednesday, but pared gains after the U.S. Federal Reserve held interest rates unchanged but left the door ajar to a hike in June. The U.S...
