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In a note to clients today, Bank of America Merrill Lynch takes stock of the recent developments in GBP and look ahead to the prospects for the pound...
Ichimoku analysis. Weekly price is on bearish market condition for the ranging within 1077.19 key support level and 1170.06 key resistance level. Chinkou Span line is located below the price for the ranging bearish condition by direction. If the price breaks 1170...
The near-term outlook for the pound sterling against the euro remains biased to the downside, but the more interesting picture is viewed from a multi-year approach...
On Wednesday gold futures extended rally to hit a three-month high, after data showed retail sales in the U.S. rose less than expected in September, undermining optimism over the strength of the economy and dimming the case for higher interest rates...
W1 price is located between 200 SMA and 100 SMA with the ranging market condition within the primary bullish: The price is above 200 SMA for the bullish market condition. Symmetric triangle price pattern was formed by the price to be crossed for direction. 'Reversal' support level is 126...
The euro was higher against the greenback on Wednesday as industrial production in the euro area fell last month, however, matching analysts' expectations, official data showed earlier...
GBPUSD: GBP has revered its Tuesday losses and looks to resume its short term uptrend. On continued upside offensive it should target its nearby resistance at the 1.5400 level. On the upside, resistance resides at the 1.5450 level. Further out, resistance resides at the 1...
Central bank and sovereign wealth fund assets will decline by $1.2 trillion, or nearly 7%, by the end of 2015 as China and oil dependent states including Russia and Saudi Arabia dip into their savings amid slower growth and lower crude revenues, says UBS Group AG...
Brent oil slid further below $50 a barrel on Wednesday, falling for a third day, on worried over a supply glut and slowing demand slow, as economic growth moderates in the world's second largest oil consumer...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and AUD/USD. EUR/USD: is still trading with a bid tone. We prefer to remain short with plenty of chances to cover on intraday dips...
Weekly price is on bearish market condition with below of 100-period SMA and 200-period SMA: the price is trying to cross 54...
Westpac are backing the pound sterling to stage a recovery against Aussie dollar. Strategists at Australia’s Westpac are backing the British pound to advance against the Australian dollar...
The prospect of another New Zealand interest rate cut in coming months has just decreased further. The progression of interest rates is fundamentally important for the outlook of the NZD...
The U.K. currency jumped against the dollar on Wednesday after data showed that Britain’s jobless rate hit a new seven year low, falling to 5.4% in the three month to August...
W1 price is located to be above 200 SMA and above 100 SMA with the ranging market condition within the primary bullish: The price is ranging within 195.86 key resistance level and 180.39 key support level...
Fredrik Nerbrand, global head of asset allocation for HSBC, has trimmed his weight in the S&P 500 index to 0% from 5...
Gold prices keep climbing Wednesday, and technical analyst Gary Wagner suggests the momentum will linger...
On Wednesday gold futures rose for a fourth session in a row to hit a three-month high as a broadly weaker U.S. dollar coupled with ongoing expectations that the Federal Reserve will delay hiking interest rates until 2016 boosted the appeal of the precious metal...
BNP Paribas made fundamental forecast concerning Retail Sales news event for today: "They expect only a flat reading in total retail sales although the control group sales should come in at a more respectable pace of 0.3% m/m...
