Australia and New Zealand Banking Group - the fourth largest bank in Australia after the Commonwealth Bank, National Australia Bank and Westpac. Operations in Australia is the largest weight in the amount of the bank's business. The new forecast for the currency pairs at the end of 2015 from ANZ...
Trading News Events: Canada Employment Change - Jobless Rate to Pick-Up From Lowest Level Since 2008
A 5.0K contraction in Canada Employment paired with an uptick in the jobless may drag on the loonie and produce fresh 2015-highs in USD/CAD as it fuels speculation for a further reduction in the Bank of Canada’s (BoC) benchmark interest rate...
The US Dollar may be set to push above the parity threshold against the Swiss Franc after prices narrowly breached resistance above the 0.99 figure. A daily close above the 61.8% Fibonacci expansion at 1.0132 exposes the 76.4% level at 1.0313. Resistance Support 1.0132 0.9987 1.0313 0.9841 1...
A rebound in U.S. Retail Sales may heighten the bullish sentiment surrounding the greenback and spur a further decline in EUR/USD as it fuels speculation for higher borrowing-costs in the world’s largest economy...
Technical analysis will not work when fundamental factors or economic data becomes the main focus of the market as participants become sensitive to any developments...
Morgan Stanley (NYSE: MS) is an American multinational financial servicescorporation headquartered in the Morgan Stanley Building, Midtown Manhattan, New York City. Morgan Stanley operates in 42 countries and has more than 1300 offices and 60,000 employees...
Westpac Bank is Australia's First Bank with a range of innovative financial packages to suit your needs. This leading Australian bank offers online banking. Forecasts for EUR / USD, USD / JPY, AUD / USD, NZD / USD, AUD / NZD — Westpac. PS: indicators that you can use in your trading system...
Another 10K contraction in German Unemployment may encourage a near-term rebound in EUR/USD as it raises the prospects for a stronger recovery in the euro-area...
Over the last week, between February 13th and 20th, both gold and silver moved lower, especially in the first half of the week. Gold tested three times $1200 during the week, as silver did the same with the $16.25 price level...
Below are the most recent forecasts for major currencies, as provided for Danske Bank. Danske Bank - the largest commercial bank in Denmark, one of the leading banks in Northern Europe. Affilation Danske Bank Group. 285 takes place in the ranking Forbes Global 2000...
Analysts at RBC believe it is high time to consider oil recovery and start buying oil-field services stocks like Schlumberger (SLB), Patterson-UTI Energy (PTEN), Nabors Industries (NBR) and Precision Drilling (PDS), which should trade with the price oil...
Another 25.0K contraction in U.K. Jobless Claims may encourage an improved outlook for the real economy, but the lack of stronger wage growth may generate a limited market reaction in GBP/USD as the Bank of England (BoE) remains in no rush to normalize monetary policy...
Greece moved one step closer to a euro exit after the euro zone’s finance ministers said there will be no more talks on financial support unless the Greek government requests an extension of its existing bailout program...
Why are economic events important to currency traders? A currency is a proxy for the country it represents, therefore the economic health of that country is priced into the currency. Economic indicators measure the health of an economy...
In a new report, Bank of America Merrill Lynch Global Research warned that it sees a “non-negligible” risk that China’s government will surprise the market by slashing the value of its currency...
Quantitative Technical Analysis: An integrated approach to trading system development and trading management by Dr Howard B Bandy The book discusses trading system development and trading management...
Pernille Bomholdt Nielsen, SeniorAnalyst at Danske Bank, forecasts eurozone Q4 GDP to print an above consensus (0.2% qoq) figure of 0.4% qoq, aided by a probable high growth in private consumption. Key Quotes “Euro GDP growth for Q4 is due for release on Friday...
