GBP/USD: Participants Being Opportunistic in Adjusting Exposure - BBH Analysts from Brown Brother Harriman see market participants being opportunistic in adjusting sterling exposures and affirm that data suggests that in the options market puts are being bought...
EUR/USD Upside Losing Conviction and Range-Bound - BTMU Analysts at Bank of Tokyo Mitsubishi explained that the euro’s attempt to break higher against the US dollar following the more dovish policy signal form the Fed has failed in the near-term...
USD/JPY Hits Fresh Lows Under 109.00 and Rebounds USD/JPY turned to the downside despite some US dollar strength in the market. During the American session broke below 109.00 (previous daily low) and dropped to 108.89, hitting a fresh low. Afterwards, it rebounded, rising back above 109.00...
GBP/USD in Consolidation Mode Around 1.4150 GBP/USD has steadied within a narrow range over the last hours after recovering from 4-day lows struck during the European session. Cable bottomed out at 1.4089 but managed to regain the 1...
FxWirePro: Gold Retreats from Daily High, Outlook Bearish Gold prices retreated in US session on Thursday as dollar continued to strengthen across the board as the greenback held onto gains after its biggest one day rally in over a month...
EUR/USD, USD/JPY Game Plan for the Weeks Ahead Talking Points: - Two weeks from now brings the Bank of Japan (April 27th-28th), and the Fed (April 26th-27th), and there is a strong chance that this will be the next big instigator of volatility...
S&P500: Short-Term Correction is Possible This week, the index S&P500 has again reached annual highs, regaining the losses incurred since the beginning of this year. The index has almost approached the highs of December 2015 at the level of 2108...
S&P500: Positive Dynamics Continues Dynamics of the global stock exchanges has supported expectations of the positive outcome of the upcoming meeting of Big 20 and a meeting of the large oil producing countries in Doha...
FxWirePro: GBP/USD Gains Some Upside Momentum But Still Bearish The GBP/USD pair fell as low as 1.4090 during the European afternoon, however the pair found some upside momentum following BOE's 9-0 vote to keep interest at record low of 0.50 percent...
FxWirePro: USD/JPY Loses Some Momentum But Bias Remains Bullish USD/JPY pair inched higher in Asian session up to 119.50, but declined slightly after in the early US session after US core inflation printed negative figures...
GBP/JPY – Selling Again Staling at 23.6% Fibo GBP/JPY ran into offers near 154.00, but the subsequent sell-off is once again struggling to take out 154.23 (23.6% of 162.60-151.64...
EUR/JPY has this week retested 12-month lows around 122 – sharply lower than the highs above 140 reached in June 2015, notes BNP Paribas. "We believe these levels represent attractive buying opportunities...
We think the Yellen-induced carry trade is close to reaching a tipping point. For sure, it seems unlikely a fresh USD rally will exceed the highs seen over the past two years...
The order to buy #GPBUSD was fixed and brought us a #profit. Here we have already opened a new short position. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
We are still holding the long position in #USDJPY . This position currently brings #profit, and we maintain it in accordance with the red Alligator's line in order to fix it later. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers...
If the UK votes to remain a member of the European Union on June 23rd the Bank of England will raise interest rates in November it is argued...
The question on everyone’s mind at present is just how far the pound sterling can push its luck against the euro. The pound to euro exchange rate (GBP/EUR) has been advancing for the past 5 trading sessions lifting the rate from a floor just below 1.24 ant taking us to the mid 1.25’s...
Strategic modelling at Westpac has confirmed the New Zealand dollar is likely to appreciate further. The New Zealand dollar should be bought on weakness argue analysts at Westpac Global Strategy Group...
