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Gold and silver have experienced some respite in the past few months as Eurozone and emerging market fears surfaced once again. The relentless U.S...
The KBC Bank Research Deskreviews today’s US ISM manufacturing data release, noting that ISM registered a drop for the third consecutive month, falling to 53.5 due to poor demand from abroad. Key Quotes “In January, the US manufacturing ISM dropped for a third consecutive month, from 55.1 to 53...
The USD/CAD pair halted losses after the Canadian manufacturing PMI printed at a weakest level in 21 months in January. Recovery in Crude supports CAD WTI crude prices have recovered to trade 0.25% higher at USD 48.36/barrel after having hit a low of USD 46.68/barrel earlier today...
On Monday the U.S. dollar declined against its Canadian counterpart, stepping off a six-year peak after data showed that U.S. personal spending declined for the first time in 20 months in December...
Westpac Bank is Australia's First Bank with a range of innovative financial packages to suit your needs. This leading Australian bank offers online banking. Forecasts for EUR / USD, USD / JPY, AUD / USD, NZD / USD, AUD / NZD — Westpac. PS: indicators that you can use in your trading system...
Crude oil extended a surge from the lowest level in almost six years on speculation that some investors are buying contracts to close out bearish bets. U.S. gasoline advanced as workers at some of the nation’s refineries began strike action. West Texas Intermediate futures gained as much as 4...
D1 price is on primary bearish with secondary flat since the mddle of last week: The price is located below Ichimoku cloud/kumo which is indicating the primary bearish for this timeframe Chinkou Span line is located too far from the price for any breakout or breakdown in the near future Nearest s...
The biggest US energy company Exxon Mobil Corp. reported its fourth-quarter profit fell 21%, impacted by lower commodity prices, while it also unveiled plans to slash its share buyback program, says The WSJ...
Russia's economy has had several worrisome quarters, and so far, there is not a positive sign of recovery. The falling oil price, as well as the international sanctions imposed as a result of the ongoing Ukrainian crisis are adding to the jittery sentiment...
According to Bank of America-Merrill Lynch, the domestic scenario in Australia has not deteriorated enough that further easing be required, and hence predict the RBA to keep rates on hold in the upcoming meeting...
USD/CAD was moving toward fresh multi-year highs but then turned to the downside and lost more than a hundred pirp in a few hours as crude oil jumped more than 2.50% with the barrel trading near $50. The pair climbed earlier to 1.2772, less than 30 pips below last week highs and then pulled back...
Investors who have been piling into real estate exchange-traded funds over the past year could be in for a rocky ride if the Federal Reserve raises interest rates later this year as expected. The record $10...
Oil futures on NYMEX rebounded from the weak Chinese PMI data induced slump and rallied as investors now turned their focus on decline in US oil drilling. WTI eyes USD 50 and Brent hover around USD 55 Currently, WTI oil trades 3.26% higher at USD 49.82/ barrel and Brent trades 3...
The TD Securities Team previews the key events of the week ahead, further expecting US NFP to register an above consensus print at 245k. Key Quotes “The highlight of the week ahead will be the North American employment reports on Friday...
EUR/CHF printed a fresh daily high at 1.0586, reaching a fresh post SNB turmoil and then pulled back modestly. It was trading at 1.0440/50, almost 200 pips above Friday’s closing price...
On Monday gold swung between small gains and losses, as traders reassessed their expectations for the timing of the first U.S. rate hike and as growing fears over Greece's future in the euro zone weighed...
AUD/NZD extended gains for the third straight session as the Aussie outperformed its Oz counterpart ahead of Reserve Bank of Australia’s official cash rate announcement due tomorrow. Currently, the AUD/NZD pair trades at fresh session highs at 1.073- levels, recording a 0.32% gain on the day...
Stops below decent demand at 1.270o has kicked the pair to 1.2680 where more bids await Oil prices have risen steadily this morning with Brent posting 55.60 from lows of 51.38 in Asia Currently 54.90 and 1.2685 GBPCAD finding it tough above 1.9225 again and has fallen to 1...
Analysts at UOB Group did not rule out a better-than-expected Non farm Payrolls for the month of January, due on Friday. Key Quotes “In the US, the data highlight for the week ahead is the widely watched non-farm payrolls data for January on Friday”...
The demand for the sterling remains on the back footing at the beginning of the week, with GBP/USD now retaking 1.5030 after testing lows near 1.5000 the figure...
