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U.S. Government Bonds Slide on FED Rate Hike Expectations The U.S. government bonds continue to trade lower on Wednesday after reading strong April consumer price index and hawkish comments from Federal Reserve officials...
AUD/USD Falls Below 200-Day SMA The Australian dollar is among the worst performers on Wednesday, having fallen below the 200-day SMA in recent dealings. AUD/USD slid to a fresh low of 0...
EUR/GBP Takes a Spiral Below 0.7750 Level The EUR/GBP pair took a sharp knock to 0.7745 after the British Pound witnessed a sudden bout of buying interest on increasing odds of staying in the EU...
USD: Is the Currency Oversold? - Rabobank Jane Foley, Research Analyst at Rabobank, suggests that the futures are implying a stronger risk of a US rate hike this year on the back of yesterday’s slew of hawkish commentary from Fed officials...
The long position in #USDJPY remains relevant. Trading continue to be maintained in a very narrow range prior to the Fed meeting minutes. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
EUR/USD: Bounce Limited, Downward Risk Prevails EUR/USD Current Price: 1.1283 The dollar traded broadly higher across the board during the Asian session, fueled by hopes that upcoming FOMC's Minutes will shed some light over the upcoming US rate hike, and whether if June remains on the table...
We've closed the sale of #Gold after the signal of the red Alligator's line crossing. Currently, we have two pending orders at the levels of the closest relevant fractals. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Short Covering Lifts GBP/USD Beyond 1.4550 Level A sharp short squeeze rally assists the GBP/USD pair to break through the 1.4530-40 resistance and climb higher to 1.4564 as the 'Remain' camp hold their lead in the latest poll results...
USD/CAD in Highs Closer to 1.3000 The greenback is trading on a firmer footing vs. its Canadian counterpart on Wednesday, with USD/CAD posting peaks above 1.2980...
GBP/JPY Seems to Build on to Its Strength above 159.00 Handle Extending its bid tone through the European trading session, the GBP/JPY pair got a boost from the latest 'Brexit' polls results, lifting the pair to 159.00 handle...
Can Japanese Policy Weaken JPY? – Nomura Research Team at Nomura, suggests that after the sharp JPY depreciation owing to disappointment from the BOJ, USD/JPY has stabilised around 109, the level before expectations of a BOJ easing increased because of a media report...
EUR/USD Off Lows, Retakes 1.1280 ahead of FOMC The shared currency keeps the negative tone today, with EUR/USD meandering around the 1.1280/85 band ahead of the FOMC minutes. EUR/USD attention to FOMC The pair has managed to rebound from earlier lows in the mid-1...
EUR/GBP Nose-Dives to a Fresh Three-Week Low The EUR/GBP pair extended its slide further below 0.7800 handle after the latest 'Brexit' poll results showed 'Remain' camp holding their lead...
What to Watch Out in Today's FOMC Minutes Today, Federal Reserve Open Market Committee (FOMC) will release minutes of its April meeting, which is the biggest event risks for Dollar based pairs. Today’s minutes is of particular interest to have a feel, which camp within FOMC gaining momentum...
Guide to Today's Important Data and Events Not many economic dockets scheduled for today but many with high volatility risks associated. Data released so far – Australia – Westpac leading index declined -0.2%. Wage growth in quarter 1 rose 0.4%, up 2.1% from a year back...
USD Looks Constructive Medium Term – Westpac Strategists at Westpac argued the outlook for the greenback remains constructive in the medium term. Key Quotes “Fed officials, even doves like Rosengren and Kaplan, are signaling that June is live and 2-3 rate hikes "make sense...
GBP/USD Reclaims 1.4500 Handle on Latest 'Brexit' Poll Results The GBP/USD pair held on to 1.4400 handle and witnessed a smart recovery to 1.4537 as the latest 'Brexit' poll result showed 'Remain' camp were leading with 55% votes...
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD Analysis for May 18th, 2016 EURUSD, “Euro vs US Dollar” Eurodollar has defined the upside border of the consolidation channel and then return to the downside one. We think, today the price may test 1...
USD Resilient Against the Yen Despite the Better than Expected GDP Report - BBH Research Team at BBH, notes that the Japan reported stronger than expected Q1 GDP figures earlier today. Key Quotes “The Bloomberg median was 0.1%, but instead, Japan reported a 0.4% expansion...
