AUD/USD: The Australian Currency is Declining. Fundamental Analysis for 30.05.2016 Since the interest rate in Australia was lowered at the beginning of the month for the first time since June 2015 to the level of 1...
FxWirePro: USD/CAD Runs Out of Steam But Maintains Bullish Outlook USD/CAD pair begun the week declining towards lower levels from Fridays close as oil prices rose towards 49$ per barrel and investors remained cautious on speculation of US rate hike this summer...
EUR/USD Hovers Near 11-Week Low in Holiday-Thinned Trade EUR/USD managed to bounce from fresh 11-week lows struck during the Asian session, but the advance was limited, with thin trading conditions due to US Memorial Day holiday confining the pair to a range over the last hours...
USD, EUR, JPY, GBP, CAD, AUD, NZD: Weekly Outlook - Morgan Stanley USD: Fed Supports USD. Bullish. The Fed minutes have supported our bullish USD view, and we see scope for further gains...
Gold Threatens $1,200 Level Amid Fed Rate Hike Bets Gold futures fell on Monday, moving inversely to the US dollar, which continues to benefit from last Friday’s comments from Fed Chair Yellen, who said a rate hike could happen “in the coming months”...
Daily FX Wrap - 30/05/2016 In the absence of London and NY, FX markets were predictably quiet. Asia saw some follow through in response to comments from Fed chair Yellen on Friday that a rate hike was likely ‘appropriate’ in coming months. EUR/USD lows were stretched to a few ticks below 1...
Weekly Overview on Majors' Price Action EURUSD - Back to the Main Trend Line The price of EURUSD has reached a new high for the uptrend at 1.1616. After this level was hit, the price dropped 500 pips all the way to the main trend line. It found a local support at 1.1100...
'There is a Very Good Possibility of a USD Sell-Off in June' - Nenad Kerkez, Admiral Markets Nenad Kerkez is an analyst and trader who has been in the market since 2008 and works closely with Admiral Markets as their Head Lecturer and Market Analyst...
EUR/JPY: Rally Losses Strength Near 124.00 EUR/JPY is having the best day in two weeks, as it consolidates gains around 123.70. The pair lost strength near the 124.00 handle and pulled back modestly. EUR/JPY ahead of relevant resistance levels It opened the week around 122...
AUD/USD Consolidates Below 0.7200 AUD/USD has spent the last hours consolidating within a narrow range just below the 0.7200 level due to thin trading conditions, with US markets closed due to Memorial Day celebrations. AUD/USD fell to a 6-day low of 0...
GBP/USD Consolidates Above 1.4600 On a quiet session, GBP/USD is consolidating above 14600, around the level it closed last week after falling earlier to 1.4587,the lowest level in six days...
USD/JPY Holds Onto Daily Gains Around 111.00 USD/JPY reached a fresh monthly highs during the European session, with no fresh catalysts behind the move with the greenback still benefitting from last Friday’s comments from Fed Chair Yellen. USD/JPY rose to a peak 111...
USD Poised for Further Gains – Danske Bank Sverre Holbek, Senior Analyst at Danske Bank, sees the greenback gathering further steam in the next weeks...
US NFP Preview: We Expect Another Soft Report - Wells Fargo Analysts from Wells Fargo, expect a soft May employment report (Friday) but they explain that the unemployment rate can continue to decline even in the face of more modest job gains...
EUR/USD Bid Above 1.1140 The European currency remains firm on Monday, sending EUR/USD nearly 50 pips higher since overnight troughs in the 1.1100 region...
Yellen’s Comments Boost USD Market Brief In the wake of another batch of disappointing economic data from the US, Janet Yellen said on Friday that an interest rate hike should be appropriate in the coming months but did not give further details about the timing...
Fed Hike Hype Growing, USD Gains Forex News and Events Yellens comments support hike but watch data This will be a big week for enforcing expectations for a Fed summer rate hike, even providing granularity of either June or July...
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, XAU/USD (Gold) Analysis for May 30th, 2016 EURUSD, “Euro vs US Dollar” Eurodollar has reached the target of the first Fibonacci retracement expansion; the structure looks like the first wave of another downtrend...
NZD/USD Holding Recovery Gains to 0.6700 but Remains Vulnerable Extending its recovery from a two-month low level of 0.6675 touched earlier during Asian session, the NZD/USD pair continues to hold its neck above 0.6700 handle...