Despite more expansionary ECB policies, the euro has appreciated considerably. As far as moves against the US dollar are concerned, this is partly due to markets having lost faith in a tightening of US monetary policy. What is more, the ECB has ceased to talk the euro down...
First, a few words about the forecast for the previous week: ■ giving forecast for EUR/USD, we assumed that the front line between the "bulls" and "bears" would be held at the level of 1.1400. However, the fact that their forces are so equal was a surprise...
Instant Cash app is another profitable system and it was recently released to the BO investors. The software is very simple to use and it is not surprising that many traders have already started posting positive reports about the wonderful trading bot...
After skiing and Brent crude oil last Thursday amended the day, the rally this week sounded the third positive session. Rally drove through the night began Brent trading just above $ 40bbl, with less than 1% of the positive performance, while the WTI $ 38bbl score standing encouraging + 1.30...
GBPUSD is on the brink of finishing another week in the red. The pair has now spent the better part of ten months trending lower, not including the selloff that began in July of 2014...
With everyone's focus sharply attuned on anything to do with the Fed's rate hike policy, many will probably wonder why yesterday the Fed announced that this coming Monday, April 11, the Fed will hold a closed meeting "under expedited procedures" during which the Board of Governors will review and...
Looking ahead to the coming week, data out of China dominates the economic calendar with key indicators such as GDP and trade. US and UK inflation will also be watched closely but policy meetings by the Bank of England and the Bank of Canada are unlikely to be market movers...
Real interest rate support for the dollar has significantly eroded in recent months as US real rates have fallen in absolute terms and relative to those of other major economies...
We will continue to monitor comments from policymakers, especially Finance Minister Aso and Mr Asakawa, to assess the likelihood of FX intervention...
JPY has been the biggest beneficiary from the recent USD-selloff among the major currencies. Several factors seem to have contributed to the rally on the flow side. Hedging flows from the Japanese exporters likely intensified when USD/JPY broke below the corporate budget rate at around 118...
Analysts at BBH have assessed the recent stance by the Russian central bank. “Russia’s central bank tilted a bit more dovish. GovernorNabiullina said an improving inflation outlook will allow the bank to undertake steeper monetary easing without putting financial stability at risk”...
Fed officials from different camps speak ahead of Friday's Wall Street open, and they could make some waves in already seasick markets. "Market nerves are starting to get a little frayed right now. You can see it in the risk markets," said Ward McCarthy, chief financial economist at Jefferies...
GDP is roaring, and the labour market seems to joining the party. Employment surged by 41K in March, driving a two-tick drop in the unemployment rate to 7.1...
USD/CAD Tanks to Lows Near 1.3000 on Data The Canadian dollar is now rapidly appreciating vs. its American neighbor, dragging USD/CAD to test lows near the psychological support at 1.3000 the figure...
Over recent weeks, the EUR moved moderately higher, while the JPY accelerated sharply, with USDJPY now nearing our USDJPY 105 year-end target...
When the red Alligator's line was crossed, we have closed an order to buy #EURUSD. At the moment, we have some pending orders in the pair. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
We fixed a result of our short position in #USDJPY at 109.06. Currently, we have no open positions, but have a good point to enter the market. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Further Consolidation Seen in NZD/USD – UOB The research team at UOB Group sees the pair extending its rangebound pattern in the next weeks. Key Quotes “While the initial NZD strength held below 0.6870 as expected, the subsequent sharp drop from the high of 0.6864 was unexpected...
