All Blogs
Here's your Economic Data/Event Calendar for today 27 June 2016 Greetings one and all. I hope everyone got a chance to get some rest after last week's tumultuous events. Data wise it's quiet one today but I have the feeling the market won't be...
PM Modi has announced his short-list for candidates to be next Reserve Bank of India governor 27 June 2016 3 economists, 1 banker Urjit Patel, Rakesh Mohan, Subir Gokarn, Arundhati Bhattacharya Modi keen to select RBI's first MPC with inputs from outgoing gov Rajan Rajan expected to join search c...
New Zealand PM John Key addressing a news conference 27 June 2016 NZ has work to do on trade arrangements Govt has had assurances that trade access won't change for now too early to tell how international finance markets and hence funding costs for local banks will be affected the RBNZ would says...
Kazuo Momma (was the BOJ's executive director overseeing international affairs, until May) It is shared G7, G20 understanding that countries can take various steps, including fx intervention, if necessary Cannot set in advance specific pace of FX moves that justify intervention Don't see need for...
Credit Agricole on the euro We expect the single currency to remain subject to downside risks...
China's PM Li Keqiang speaking: Global trade growth is weak Brexit has increased uncertainty in the global economy Structural reforms needed for global economic recovery More...
As though it is relatively small in comparison with Brexit fall of about 1800 pips, there is a gap as many as 125 pips now at GBPUSD H1 chart. Tenkan-sen and Kijun-sen is moving downside. Kumo like a line is also rapidly falling. Price is still matching a downward risk...
94% THAT OIL WILL RISE THIS WEEK Oil formed a Flag High and Tight classic chart pattern on its weekly graph. The Flag High and Tight pattern is waiting now for breakout...
EXPECTED GOLD TARGET FOR THE CURRENT MOVE It took Gold about 2 years moving inside a Descending Channel to break early this year its upper band. From my point of view I think Gold target 2013 Highest High around 1430 or 2012 Lowest Low around 1520 . Take a look to the chart below...
Two Important Notes About The Last Decline in Dow Jones Industrial - Part II In my previous blog I wrote before UK Bexit at 17th June 2016 ,titled "Two Important Notes About The Last Decline in Dow Jones Industrial" ( you can find it --> Here) I showed you that: 1- The Last decline in Dow Jone...
Welcome to my "Strength and Comparison" article for the coming week, the article "Ranking, Rating and Score" has also been published. For analyzing the best pairs to trade looking from a longer term perspective the last 3 months Currency Classification can be used in support...
Welcome to my "Ranking, Rating and Score" article for the coming week, the article "Strength and Comparison" has also been published. We will be looking this week at the Top 15 because otherwise the only strong currency would be the JPY and the only weak currency the GBP...
GOLD: The commodity closed strongly higher the past week leaving risk higher but beware of a pullback in the new week. On the downside, support comes in at the 1,300.00 level where a break will turn attention to the 1,290.00 level...
GBPUSD June 27 2016 forecasting with neural network === Predictions for training data: close (1-step ahead) === inst# actual predicted conf error 13 1.5948 1.5956 1.588:1.603 0.0008 14 1.5946 1.5946 1.587:1.602 -0...
AUD/USD showed strong volatility late last week, but ended the week almost unchanged, at 0.7448. There are six events this week. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD...
EUR/USD was hit hard on the British decision to leave the EU. This was certainly not priced in and many questions are left open. Will we see more falls? Apart from the Brexit fallout, we have elections in Spain,, inflation figures and more PMIs...
After the Brexit, we had a sharp fall of the pound with a significant bounce...
After Brexit won, we had huge volatility. However, it is far from over as scrambling continues around European capitals. And also for the pound things could get ugly...
Voting is now underway in Spain's latest General Election 26 June 2016 Spain heads back to the polling stations again today a result of last December's election failing to produce a stable government. Attempts by acting PM Rajoy and then the opposition parties have all been unsuccessful...
Scotland's First Minister Nicola Sturgeon says her parliament could block the UK's vote to Leave 26 June 2016 Sturgeon has just been speaking on BBC TV where she said "of course" she would ask MSPs to refuse to give there "legislative consent...
