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On Thursday, the Bank of Canada will decide whether to raise rates. Will interest go up again, as it has over the past month? On the one hand, the BoC has a decidedly hawkish view. Currency traders have been convinced enough to price in 67 basis points worth of rate hikes for the coming 12 months...
Investors appear to expect a dovish statement today from US Federal Reserve Chairwoman Janet Yellen , i.e. a ‘Goldilocks’ not-too-fast, not-too-slow approach to monetary policy...
After the National Bureau of Statistics of Great Britain presented today very encouraging data from the UK labor market, the pound strengthened in the foreign exchange market. According to the data provided, for the period March-May unemployment fell to 4...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, July 12th The EUR/USD pair corrected slightly lower from its 14-month highs, posted at 1.1489 this morning, on the back of minor profit-taking actions ahead of Fed Chair J.Yellen’s testimony...
We got what we were looking for in yesterday’s analysis: A breakout in the EUR/USD. The euro broke out of its narrow trading range and surpassed the 1.1445-barrier. Our long entry has thus proved a success. We are now looking for additional upside in this pair and look at higher targets at 1...
USD/JPY The pair managed to overcome resistance level of 114.36 yesterday and tested the maximum in the area of 114.49. However, the breakout was false and the pair returned to the range below 114.00 by the end of the day. An anti-risk sentiment and a decrease of U.S...
This week Yellen testifies and USA. Inflation information is free (along with sales data) thus investors are able to place a lot of precise guesses on once Fed can rise Interest Rates once more this year...
The EURUSD pair succeeded to confirm breaching 1.1418 level strongly after closing the daily candlestick above it, to reinforce the expectations of continuing the rise on the short term basis, and the way is open to head towards our targets that reach to 1.1565 followed by 1.1615...
Trump Jr email release led broad USD weakness and risk-aversion extended into Asia on Wednesday, with the Yen’s recovery gaining momentum into a second day versus its American counterpart...
EUR/USD rallied to 1.1480 on Tuesday and extended gains to a 14-month high of 1.1484 in the Asian session today as the German bond yields resumed the rally, while the treasury yields underperformed on talks of Fed rate rise pause...
Crypto currencies...blockchains...digital currency...you're hearing this terms almost every day. Today we will talk about Ethereum...
Hello Traders, on 11th of july session we have seen a negative variation of -0,33% on GBPJPY that can be considered a substantial inversion signal for daytraders. So for the next opening session of 12th july I prefer short setups , especially under 146,00 area floor...
The USD/JPY pair lost nearly 50 pips in a matter of minutes after Donald Trump Jr. tweeted out an e-mail chain where Russians offered him information on Hillary Clinton that could help the Trump campaign. The pair quickly fell from 114...
The US dollar fell across the board, particularity against European currencies and the yen, after Donald Trump Jr. released emails between him and Rob Goldstone, regarding the involvement of Russian officials in the campaign. Donald Trump Jr...
NZDUSD: The pair continues to face downside pressure selling on Tuesday and leaving risk lower in the days ahead. Support lies at the 0.7200 level. Further down, the 0.7150 level comes in as the next downside target. Its daily RSI is bearish and pointing lower suggesting more weakness...
The EUR/GBP cross traded with negative bias through early NA session on Tuesday, albeit has managed to bounce off lows and is currently trading in neutral territory around mid-0.8800s...
The single currency alternates gains with losses vs. the buck on Tuesday, taking EUR/USD to meander within a narrow range around 1.1400 the figure. EUR/USD cautious ahead of Yellen The pair stays almost unchanged around the 1...
The Bank of Japan looks likely be the only major central bank that will not to raise its interest rates this year. This is one great reason why investors are staying away from the JPY. The yen keeps just keeps on falling...
EUR/CHF finally managed to break somehow the 1.10 resistance to the upside yesterday. However further gains are needed to clear the way towards 1.11...
