Analytical Review of the Stocks of Alcoa Inc. Alcoa Inc., #AA [NYSE] Industrial goods, Aluminum, USA Financial performance of the company: Index – S&P 500; Beta – 1.14...
FxWirePro: Negative RBNZ News and Lower Oil Prices Weigh on the Kiwi, Good to Sell NZD/USD Rallies Kiwi bears retained control amid negative RBNZ news and lower oil prices...
FxWirePro: USD/SGD Hovers Around Key Resistance at 1.3628, Break Above Targets 1.3709 USD/SGD is currently trading around 1.3625 marks. It made intraday high at 1.3636 and low at 1.3493 levels. Intraday bias remains neutral till the time pair holds initial resistance at 1.3628 levels...
SGD: MAS Returns to GFC Policy Stance - Westpac Sean Callow, Research Analyst at Westpac, notes that the Monetary Authority of Singapore (MAS) returned to the neutral stance on SGD it adopted in the wake of the Global Financial Crisis...
Nikkei Drives Asia Higher as Yen Extends Slide The risk-on sentiment across the Asian markets intensified this Thursday, after a strong close on the Wall Street overnight and higher base metals’ prices. While unexpected easing by Singapore’s central bank also provided fresh impetus to the markets...
FxWirePro: ASX200 Faces Strong Support at 5020, Good to Buy at Dips Major support - 5078 ASX200 has broken major resistance 5078 and jumped till 5099. It is currently trading at 5095. Short term trend is slightly bullish as long as support 45020 holds...
FxWirePro: Nikkei 225 Faces Strong Resistance at 17300, Good to Buy at Dips Short term trend reversal level - 17300 The index has broken major resistance 16650 and jumped till 16808 at the time of writing . It is currently trading around 16740...
FxWirePro: Go Long on AUD/NZD Above 1.1123 With Stop Loss at 1.1060 and Target at 1.1357 AUD/NZD is trading around 1.1145 marks. Pair made intraday high at 1.1151 and low at 1.1052 marks. Aussie gains sharply after better than expected Australia’s employment data...
FXWIREPRO: South Korean Won Falls by 1 Pct Against US Dollar, Good to Buy on Dips USD/KRW is currently trading around 1155 levels. It made intraday high at 1156 and low at 1144 levels. Intraday bias remains bullish for the moment...
Valeria Bednarik, chief analyst at FXStreet explained that the EUR/JPY pair turned back south this Wednesday, as the common currency under-performed against all of its major rivals, although with the JPY also weak, the pair remained within its recent range...
• AUDJPY Rebound off key support at risk- on the lookout for short-triggers • Resistance / Bearish invalidation at 84...
According to analysts from Wells Fargo, today’s report on inventories from February continues to show an adjustment that should continue as the Inventory-to-sales ratio remains elevated. They expect inventories to be a drag on GDP growth during the first half of 2016...
According to analysts from Danske Bank, trade numbers from March show positive numbers that would contribute to the Chinese recovery but are not as strong as it looks. “Exports rose stronger than expected in March by 18.7% y/y (consensus 14...
Analysts from Lloyds Bank, expect a rate hike from the Federal Reserve in June, that would send NZD/USDtoward 0.64. “Since its 0.6350 low in mid-January, NZD has experienced a gradual appreciation against the USD...
The market has started testing the central banks Markets have stopped focusing on what central banks are doing and are positioning for what they believe central banks may or may not do...
As expected the BOC held its target for the overnight rate unchanged at 0.50% at today’s meeting. After a slow start to 2016, the US economy is expected to regain momentum and global growth is expected to strengthen too according to the Bank...
UBS targets EUR/CHF at 1.15 by the end of the year. * UBS AG is a Swiss global financial services company, incorporated in the Canton of Zurich,[2] and co-headquartered in Zurich and Basel...
EUR/USD Remains Vulnerable Below 1.1300 EUR/USD has spent the last hours consolidating near 2-week lows following an over 100-pip slide. The euro managed to recover a few pips following below-expectation US retail sales data, but dollar’s pullback short-lived and EUR/USD resumed the decline...
FXWIREPRO: GBP/USD Neutral Near-Term, Scope for Upward Resumption GBP/USD rebounded strongly towards 1.4255 levels in the early US session after US retail sales data printed negative figures. However, the pair turned back after failing to break resistance level 1...
