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Dear Friends, forex brokers always offering you to get bonus against your every deposit. But maximum bonus offer is really not for traders benefit. Maximum bonus is just like as showpiece in the account and just for account decoration. I don't think that type of bonus is helpful for traders...
Currency investors should consider buying NOK/JPY this week, advises Morgan Stanley in its weekly FX pick to clients. "The NOK should benefit from higher oil prices and Norway’s government taking an expansionary fiscal course. In January, the petroleum fund transferred NOK 6...
We expect the ECB to announce another menu of monetary policy easing including a 10bp deposit rate cut together with an introduction of a two-tier deposit rate system and a front-loading of the QE purchases...
The US dollar is retracing part of its pre-weekend losses against the European currencies and dollar-bloc today while falling equity prices are underpinning the yen. Brent is nearing $40 a barrel, and WTI is pushing through $36. Iron ore prices were limit up in China...
The USD/JPY 4 hour chart shows the price has been range trading between the 23.6% fibonacci line and the 38.2% fibonacci line. The price is currently sitting on the 23.6% fibonacci retracement. The 38...
Mind the Forest, Not the Trees, for the US Dollar This Week Talking Points: - Euro and Yen likely to move in same direction around NFPs. - Retail crowd continues to fade recent US Dollar selloff. - As market volatility rises, it's a good time to review risk management principles...
The AUD/USD had an excellent week last week due to the weakening dollar. However, the dollar has started the week strong and has caused a fair gap in the markets during the opening last night. The price broke the 200 EMA very strongly, therefore we are not expecting it the drop below it this week...
Gold/EUR Strengthens Ahead of ECB Meeting Gold prices in the EUR terms or XAU/EUR pair advanced on Monday as investors weigh in a possibility of an aggressive ECB action on Thursday. Eyes Jan 2015 high Prices are eyeing January 2015 high of EUR 1164...
USD/CHF Rises Above Parity USD/CHF rose through the parity level and struck fresh 1-week highs as the Swissy is among the worst performers on Monday. The Swiss franc has been under pressure amid increasing speculation the SNB could take preemptive action to limit any post ECB fallout...
GBP/JPY: Bearish Momentum Stalls Near 23.6% Fibo Level The bears gained an upper hand on Monday, but failed to push the GBP/JPY cross below 160.32 (23.6% of 175.02-155.78) levels...
EUR/CHF on the Rise, 1.10 Closer The Swiss franc continues to depreciate vs. its European peer on Monday, now sending EUR/CHF to test daily highs near 1.0970. EUR/CHF eyes on ECB meeting The cross is navigating 2-week highs in the upper-1...
Australian Dollar Recovers Against Majors The Australian dollar trimmed its early losses against its major rivals in Europe on Monday. The aussie bounced off to 0.7430 against the greenback, 1.4743 against the euro, 84.39 against the yen and 0.9925 against the loonie, from its previous lows of 0...
Gold Holds 13-Month Highs Gold futures were flat Monday morning, holding strong recent gains ahead of what is expected to be a quiet week in most major markets...
Crude Oil Jumps Above $36 As Rally Gathers Momentum Crude oil futures continued to rise Monday morning after a deal to freeze output from a number of major producers...
The Bank of Canada should remain in a wait-and-see mode on Wednesday despite risks to the growth outlook remaining to the downside, says BNP Paribas...
Bullish Oil Bets Rise to New Record High Weekly futures and options data from InterContinental Exchange released today showed money managers increased their bullish bets on higher oil price to a new record...
According to our economists, the February average hourly earnings data were likely impacted by calendar effects that boosted January average hourly earnings and biased February wage growth lower...
EUR/USD Unable to Pick-up Pace EUR/USD made a tepid attempt to recover ground but failed to gather momentum and remained capped by the 1.0975 zone. EUR/USD retreated from Friday's peak and steadied around the 1.0950 level as investors continue to digest US employment data...
Our long position in #EURUSD from 1.0962 is in the market, at least for now. But the pair is declining, and the position may be closed soon. In any case, any possible development will not be a surprise for us. Find out more by checking out the Source Link...
