All Blogs
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...
ECB to Maintain Its Patient Stance - Danske Pernille Bomholdt Henneberg, Senior Analyst at Danske Bank affirmed that they expect the European Central Bank (ECB) to maintain its patient stance on Thursday...
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...
EUR/USD Remains Under Pressure – Scotiabank Shaun Osborne, Chief FX Strategist at Scotiabank, sees the pair still vulnerable in light of the upcoming ECB meeting and against the backdrop of a potential rate hike by the Fed...
USD/CAD Holding Gains to 1.3065 on After Canadian Data The USD/CAD pair was unmoved above the mid-point of 1.3000-1.3100 handle despite of weaker-than-expected economic data from Canada...
US Dollar Keeps Gains Near 95.70 The greenback, tracked by the US Dollar Index, has lost its earlier upside momentum and has returned to the 95.70 area. US Dollar capped around 96.00 After a brief test of fresh multi-week tops in the vicinity of the 96...
EUR/USD Watch for Counter Trend Confluence The EUR/USD is patiently waiting for major economic data coming in this week. We have some real high impact info this week and we could see riskoff sentiment possibly coming back. We need to watch out for upcoming releases: 1...
EUR/USD: Dollar Eases Modestly in Thin Trading EUR/USD Current Price: 1.1138 The American dollar gave back the ground gained at the beginning of the day, and the EUR/USD pair recovered from a fresh 2-month low of 1.1097, helped by positive data coming from Europe...
EUR Perspective Remains Poor – BBH Analysts at BBH have assessed the recent performance of the single currency. Key Quotes “Since the break of $1.12, we have been looking for $1.1070...
AUD/USD Bearish Below 0.7145/50 – UOB According to the research team at UOB Group, further pullbacks lie ahead for the Aussie dollar on a close below the 0.7145/50 band. Key Quotes “The 'rebound target' indicated at 0.7260 last Friday was not met as AUD dropped quickly after hitting a high of 0...
Oil Steady Around $49.30, Focus on This Week’s OPEC Meeting WTI crude oil futures managed to recover from session low of $49.05 to currently trade near $49.30 amid dull trading session on the first trading day of a fresh trading week that is full of market moving events...
FxWirePro: CHF/JPY Faces Strong Resistance at 112.35, Good to Sell on Rallies Major Resistance- 112.35 (trend line joining 117.41 and 115.01) The pair has made a high of 112.12 and slightly declined from that level. It is currently trading around 111.91...
