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The FOMC decision is at 2 pm ET (1800 GMT) on Wednesday The WSJ has 5 things to watch for at the Fed meeting. The assessment of the domestic economy will likely downgrade employment Brexit worries are likely to be address in the statement or press conference Sliding inflation expectations...
FOMC preview from Bank of America Merrill Lynch Between weaker May jobs data and uncertainty ahead of the UK referendum on EU membership, the markets have completely priced out any chance of a June rate hike...
GBP/JPY falls below 150.00 The consolidation phase in GBP/JPY appears to be over as the pair plunges another 190 pips today to the lowest since August 2013. The decline started late last year but the pair had been in a consolidation phase since February...
It is the confirmation or denial of a trend that determines whether an investor will sit tight today and hold his or her position or decide to enter or exit an issue that could be long or short the market...
Several argument for a lower EUR/USD near term…: Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105 Relative rates: still in favour of USD. A Brexit will weigh on EUR/USD given prolonged political uncertainty...
Federal Reserve chair Janet Yellen has gone on record saying that a British vote to leave the European Union (or, Brexit) would have consequences that will ripple through the global economy and financial markets...
Iran says oil exports at 2.31 million barrels per day but shipping data differs Reuters today reports that Iranian oil exports hit a four year high at 2.31 million barrels per day, citing unidentified people. That's up 100,000 bpd from May. Other sources differ wildly...
Business inventories were slightly below estimates Slow inventory building could see US Q1 GDP revised to +0.9%, according to JP Morgan. That's after a slightly downward revision to March inventories. They also added a downside bias to their Q2 GDP forecast of 2...
Russian hackers stole databases and completely compromised systems The Washington Post is reporting that Russian spies gained total access to top Republican and Democratic computer systems and databases...
Retail sales weren't strong enough to trigger Fed fears Gold is slightly lower after four days of gains and six day in the past seven. The climb began after a weak non-farm payrolls report pushed back expectations for a Fed rate hike...
European stock market close 14 June 2016 FTSE -2.0% Cac -2.3% Dax -1.4% Ibex -2.1...
The FOMC decision is at 2 pm ET (1800 GMT) on Wednesday The WSJ has 5 things to watch for at the Fed meeting. The assessment of the domestic economy will likely downgrade employment Brexit worries are likely to be address in the statement or press conference Sliding inflation expectations...
Trading recommendations Buy above 1.2860 level. Stop-Loss 1.2810. Take-Profit 1.2900, 1.2955, 1.3100, 1.3185, 1.3300 Sell Stop 1.2810. Stop-Loss 1.2860. Take-Profit 1.2755, 1.2635, 1.2525, 1.2500, 1...
GBPUSD: The pair has paused its weakness at its key support leaving risk of a return to the upside on the cards. Except it breaks and holds below the 1.4130 level, risk of a move higher on correction is likely. On the downside, support lies at the 1...
Euro bears have already profited from today’s decline as the euro fell 60 pips from our short-entry. The euro will now need to break significantly below the crucial support-level at 1.12 in order to invigorate further bearish momentum. Below 1.1180 we expect the EUR/USD to slide towards 1.1140...
EUR/USD: Neutral: Bearish if daily closing below 1.1200. While the downward momentum has eased somewhat after the rebound from the low of 1.1231 yesterday, the undertone for EUR is still weak and the immediate risk is tilted to the downside...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, June 14th GBP/USD is trading in bearish trend this morning as UK referendum is coming closer. The pair continues to be heavy weighted as less than 10 days are left till UKs major event...
Hi traders, GBP/USD can go anywhere, so better wait patiently at major of Support or Resistance. I hope GBP/USD could meet major Support. Let the markets to decide it. We just need to wait...
The USD remains a bullish currency in the longer-term, however the latest NFP report in addition to Brexit contagion risks, have seen bearish sentiment on the USD. Whether this USD sell-off continues or not will depend on incoming data and Fed’s members perspective of that data...
EURUSD: The pair halted its weakness to close higher on Monday and left risk of move higher on the cards. Support lies at the 1.1200 level. Further down, support comes in at the 1.1150 level where a violation will aim at the 1.1100 level. A break of here will target the 1.1050 level...
