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RUB Poised to Outperform – Danske Bank Economist at Danske Bank Vladimir Miklashevsky sees the Russian currency picking up further pace in the months ahead. Key Quotes “As we expected, the RUB continues to be the best play among oil producers on a rising oil price”...
FxWirePro: Cable Edgy at Resistance 1.4385 - Major Trend Still Intact As No Traces of Recoveries from Trend and Momentum Breaks resistance at 1.4385 levels but sustenance is questionable, but don’t jump into conclusion wait for confirmation...
Chinese Economy to Slow Further in 2016 and 2017, USD/CNY Likely to Reach 6.75 by End -2016 In the first quarter of 2016, China’s economic growth slowed to 6.7% y/y from Q4 2015’s 6.8% in spite of the rally in property market and a proactive policy easing...
An order to buy #GPBUSD is still relevant. We can observe some standard signals from #indicators. Recall that the weak labor market data can have a negative influence on the pair. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers...
GBP/USD Wobbles Around 1.4400 GBP/USD is alternating gains with losses on Wednesday, navigating a daily range between 1.4350 and 1.4410 for the time being...
GBPUSD April 2016 GBPUSD has been forming Inverse Head and Shoulders on daily time frame, at the end of the Bearish trend that has started on October, 2015. – At the fundamental analysis Level, There have been many opinions about scenarios affecting the Pound during and after the “Brexit” event...
We are holding an order to buy #EURUSD started earlier when the price has broken the fractal at 1.1317. The unfixed #profit from this position is noticeable. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Binary options are a new and popular type of investment vehicle among traders mainly because of the simplicity. Similarly to vanilla options, binary options allow a trader to trade on the future price of an asset...
Swift Recovery for GBP/NZD, Eyeing 2.0600 Mark Relentless rally in commodity-linked currencies had a major impact on cross-currency pair and with no exception; GBP/NZD yesterday touched its lowest level since May 2015...
GBP: What Do the Polls Really Say? - Rabobank Jane Foley, Research Analyst at Rabobank, suggests that the knock back to sterling from this morning’s worse than expected UK labour market release proved to be short-lived...
Banknotes are changing - with the look and feel of the cash in our pockets going through significant changes in the coming years. The Bank of England's first plastic banknote will enter circulation in September, when the new £5 note featuring Sir Winston Churchill is issued...
EUR/USD Still Bearish Near-Term – Scotiabank Chief FX Strategist at Scotiabank Shaun Osborne has reiterated the negative outlook on the pair in the short-term. Key Quotes “EUR/USD has moved sideways overnight and remains capped in the upper 1.13s”...
EUR/JPY on Track to Extend Near-Term Recovery As recovery in equity markets and oil prices get underway, a quick turnaround in market sentiment reduced appeal for the perceived safety of the Japanese currency (JPY) against most major currencies. EUR/JPY moves back above 124...
Brent: Indicators Give Sell Signals The price of crude oil Brent has dropped since the beginning of today’s trading session. The decline was caused by the API data on the rise in oil reserves in the USA and by the news that the strike of oil workers in Kuwait has finished...
Brent: According to API Oil Reserves in the USA Have Grown According to the data presented by the American Petroleum Institute (API) oil reserves in the USA grew against last week (+3.1 million barrels against the rise of 6.2 million barrels a week earlier...
USD Downside Appears Limited – Westpac According to strategists at Westpac, the decline in the greenback could slow its pace in the next weeks...
FxWirePro: CHF/JPY Faces Strong Support at 112.80, Good to Buy at Dips Major resistance – 114 Major support – 113 The pair has made a high of 113.98 and declined from that level. It is currently trading at 113.65. Short term trend is slightly bullish as long as support 112.80 (Tenken-Sen) holds...
FxWirePro: Should We See Sterling Further Breakdown - Fx Swaps Strategies We’ve shifted back to the top of the recent range as UK’s claimant count change and unemployment data announced today, Change in the number of people claiming unemployment remained at 6...
USD/JPY Poised for Further Rangebound – UOB Further consolidative range is seen in USD/JPY in the next 1-3 weeks, according to analysts at UOB Group. Key Quotes “As expected, USD extended its gain but held below last week’s peak of 109.72 (high of 109.49...
