All Blogs
Anticipation is building ahead of Thursday’s BOJ meeting result, with the JPY weakening sharply this past week in anticipation...
In the very short-term it will be about this week’s Fed monetary policy announcement to drive sentiment...
EUR/USD Holds Onto Daily Gains EUR/USD hovers near session highs as the dollar maintains the soft tone at the beginning of the New York session...
FxWirePro: Bears Resume Again As EUR/CHF Approaches 1.1015 and Range bounded Trend Back in Action Both on daily and weekly plotting, after two weeks of upswings bulls have now taken a halt as price touches at 1.1015 levels...
Bookmakers reacted to the intervention of President Obama in the UK’s EU referendum debate by lengthening the odds of a ‘leave’ vote...
AUD/USD Tests 0.7730 Immediate Resistance Broad based USD selling pressure lifted the AUD/USD pair back above 0.7700 mark to session high of 0.7729, representing a short-term ascending trend-channel break-point turned immediate resistance...
NZD/USD Back to Neutral Stance – UOB In view of analysts at UOB Group, the Kiwi dollar’s outlook has now shifted back to neutral from bullish. Key Quotes “Our recent bullish expectation for NZD was proven wrong quickly as the stop-loss at 0.6910 was taken out”...
USD/CAD Keeps Pointing Southwards – Scotiabank Eric Theoret, FX Strategist at Scotiabank, has reiterated the bearish bias in the pair in the near term. Key Quotes “USD/CAD appears to be consolidating at the lower end of its descending trend channel with recent congestion centered around 1.2680”...
In the early post-crisis years, a wide variety of monetary policy models—including different versions of the Taylor rule and the “optimal control” approach popularized by then-Vice Chair Janet Yellen—signaled that Fed officials would need to keep US monetary policy extremely easy for much longer...
EUR/GBP Seen at 0.75 in 3-Month – Rabobank Jane Foley, Senior FX Strategist at Rabobank, believes the cross could slip lower towards 0.75 in a 3-month view...
USD/CAD Fails to Hold Above 1.2700 The Canadian dollar trades slightly weaker against the greenback as oil prices eased from 5-month highs during the European session. USD/CAD rose briefly above 1.2700 and reached a daily high of 1...
USD/JPY Selling Pressure Intensifies, Drops Below 111.00 Mark The USD/JPY pair upside was capped at a 3-week high level of 111.86 touched earlier on Monday and the pair has now drifted back below 111.00 mark to 110.84...
GBP/USD in Fresh Tops Around 1.4520 The sterling is advancing further at the beginning of the week, with GBP/USD now posting fresh peaks above the 1.4500 mark. GBP/USD stronger as USD slumps The pair has quickly taken out March’s high and has now opened the door for a test of the 1...
GBP/AUD Moves Closer to 1.8800 Mark The GBP/AUD erased all of its early weakness to turn positive and has now moved to the high point of the day at 1.8790. Extending its recovery witnessed during the later half of the previous week, the pair reversed from an early dip to 1...
WTI Consolidating Between $44.00-$43.00 Level WTI crude oil future has been consolidating within a narrow trading range and following a profit taking drop below $43.00 mark has moved back closer to $43.50 level. After breaking through an important resistance near $42...
EUR/USD Buoyant Near 1.1260, US Data on Sight The shared currency keeps its march north unabated on Monday, sending EUR/USD to daily tops near 1.1260. EUR/USD up on USD weakness The pair is extending its rebound from recent lows in the 1...
EUR/GBP Turns Negative, 0.7770 Support on Test The EUR/GBP pair's bounce off day's low got rejected at 0.7800 handle, dragging the pair back towards a short-term descending trend-channel support near 0.7770 level...
Central Banks: The Case for Divergence Strengthens – Goldman Sachs Research Team at Goldman Sachs, suggests that in the early post-crisis years, a wide variety of monetary policy models—including different versions of the Taylor rule and the “optimal control” approach popularized by then-Vice Cha...
EUR/JPY Bullish Above 123.36 – Commerzbank The cross will keep its bullish bias while above 123.36, suggested Senior Technical Analyst at Commerzbank Axel Rudolph. Key Quotes “EUR/JPY’s rapid bounce off its current April low at 121.71 has taken it to the 55 day moving average at 125...
