All Blogs
AUD/USD Reaching for the Sky, but is the Sky the Limit? The antipodeans are the best performers yet again although have now met supply in the U.S. session...
US: Housing Data Rises Further Questions About the Direction of the Economy - ING Rob Carnell, Chief International Economist at ING warns that the sharp decline in housing starts and permits in March (-7.7% and -8.8% respectively) raises further questions about the direction of the US economy...
USD/CAD Tumbles Below 1.2700 as Oil Soars USD/CAD was trading at the lowest since July and dropped further breaking below 1.2700. The pair accelerated the decline and printed a fresh 9-month low at 1.2630. Price continues near the lows, currently at 1...
In the previous week, we gave a swing buy alert for NZDJPY that had a great Risk-Reward ratio. Yesterday, we updated our view before price would explode to our target – NZDJPY: Important Update!. Today, our take profit got...Read Here...
FxWirePro: EUR/GBP Option Strips to Hedge Non-Directional Trend As Per Sensitivity Tool Amid Euro Area Data Season Technically, EUR/GBP on EOD technical charts has shown down-streak has now continued from yesterday’s close at 0.7920 to the current 0.7908 levels slipping below 21DMA...
USD/CAD: Interest Rate Decision by the Bank of Canada Last Wednesday the Bank of Canada left interest rate unchanged at the level of 0.5%, which, at first did not affect exchange rate of the Canadian dollar. However, later the CAD started to rise...
Latin American: Monetary Tightening Nearing the End of the Cycle - BBH According to analysts from Brown Brother Harriman, the tightening cycle of monetary policy in Latin America is nearing the end...
NZD/USD Extends Gains Above 0.7000 NZD/USD is rising sharply today, strengthened particularly after breaking above 0.6970 (March highs) and also on top of the 0.7000 handle. The pair peaked at 0.7053 and then pulled back, despite an increase in dairy prices at the latest auction...
The British pound has reached a key point in its ascendency against the euro and the gains that can be realised if it is overcome are sizeable. The GBP to EUR exchange rate has scaled to 1...
FxWirePro: AUD/USD Rises Above 0.7800 Levels, Outlook Remains Bullish The AUD/USD pair inched higher to scale 10-month high peak on Tuesday after sudden reversal in oil prices boosted Aussie bulls further higher...
US: We Anticipated a Rebound in Growth in Q2 After a Weak Q1 - Lloyds Analysts from Lloyds Bank point out that employment growth remained solid in Q1, but with limited upward pressure on wage growth and also noted that economic indicators point to a weak Q1 GDP growth...
GBP/USD Through 1.4400, Daily Tops The British pound keeps pushing higher on Tuesday, now lifting GBP/USD to fresh peaks beyond the 1.4400 handle. GBP/USD extends the rebound from 1.4130 The pair prolongs its weekly bounce off Monday’s troughs in the 1...
Dow Jones Index on Track to Scale New Highs After closing above 18,000 mark for the first time since July, US stock index Dow Jones Industrial Average (DJIA) on Tuesday opened with marginal gains and extended its moves beyond 18,000 mark...
JPY: How the G20 Meeting Affects Japan – Deutsche Bank Taisuke Tanaka, Strategist at Deutsche Bank, suggests that the Japan will attempt in this week’s meeting of G20 finance ministers and central bankers to preserve its freedom to intervene in forex markets to ward off a rise in the yen...
EUR/USD Edging Higher Towards 1.1380 EUR/USD continues to benefit from the offered tone surrounding the dollar, now aiming to test 1.1380. EUR/USD finds support at 1.1300 The pair has managed to revert the initial negative tone, finding support in the 1...
NZD/USD to Trade at 0.68 by End of 2016 The New Zealand dollar has appreciated gradually against the US dollar since it hit 0.6350 in mid-January. The NZD appreciated in spite of the RBNZ unexpectedly lowering rates during its March meeting...
NZD/USD Needs to Close Above 0.70 – UOB In opinion of analysts at UOB Group, the Kiwi dollar needs a close above 0.70 vs. the greenback in order to shift to a bullish outlook. Key Quotes “The unexpected strong rally clearly bodes well for NZD but we prefer to wait for a daily closing above 0...
