The GBP has been among the best performing G10 FX currencies since the start of the week. We stressed previously that the currency has room to appreciate towards the higher end of this year’s range, mainly on the back of position squaring. Copy signals, Trade and Earn $ on Forex4you - https://www...
The dollar could recovery over coming months as overly-pessimistic markets are forced into accepting up to two Federal Reserve interest rate rises in 2016 it is argued. Dollar weakness has been arguably the single most important feature in global FX over the course of 2016...
After what has been a stand-out performance by the Aussie dollar so far in 2016 we hear that it could be time for the currency to start turning lower...
USD/CAD Drops Toward 2016 Lows USD/CAD dropped further during the American session, approaching 2016 lows. The pair extended the decline below 1.2630 and bottomed at 1.2605, hitting the lowest level in six days...
Central Banks Trifecta: Policy Decisions by the Fed, RBNZ and BoJ - ANZ Research Team at ANZ, notes that the Thursday sees the central bank trifecta, with policy decisions by the FOMC, RBNZ and BoJ...
US: Recession Risks Elevated at 26% - Wells Fargo Analysts from Wells Fargo, explained that with a volatile and challenging first quarter almost in the books, the probability of a recession over the next six months is about 26% based on their model...
Analytical Review of the Stocks of Microsoft Corporation Microsoft Corporation, #MSFT [NASD] Technologies, Software & Services, USA Financial performance of the company: Index – DJIA, S&P 500; Beta – 0.93...
FxWirePro: Gold Rises After US Core Durables Data, Outlook Remains Bullish Gold (XAU/USD) rose on Tuesday, as weaker than expected US core durables data weakened the dollar further ahead of Federal Reserve policy meeting...
GBP/USD Retreats from Highs, Back Below 1.4600 GBP/USD is moving away from recent highs as the dollar recovers some ground across the board and also weighed by a Brexit poll showing most Britons will vote to leave the European Union. GBP/USD reached a 2 ½-month peak of 1...
USD/CHF Retreats Further but Finds Support at 0.9700 The Swiss franc is rising for the second day a row against the US dollar as it continues to recover, Last week USD/CHF rose and climbed to 0.9797, hitting the strongest level in a month...
FxWirePro: EUR/USD Bullish After Breaking Above 1.1300 Levels EUR/USD pair rose towards 1.1338 levels on Tuesday, as the pair found strong buying interest after weak US durable goods orders. Core durable goods orders in March came below expectations, down 0.2% against forecast of a 0.5...
NZD/USD Hit Fresh Highs Above 0.6900 NZD/USD is rising on Tuesday supported by a weak US dollar that declined across the board after the release of US data. The pair has been moving with an upside bias since the beginning of the day and peaked recently at 0.6910, surpassing yesterday’s highs...
EUR/USD Climbs Further but Stalls Ahead of 1.1350 The US dollar has continued to weaken over the last hours, hit by disappointing US data, sending EUR/USD to fresh 5-day highs above 1.1300. EUR/USD extended gains to a peak of 1...
Markets are pricing nearly no chance of a Federal Reserve rate hike over the next few meetings, and less than one full hike by the end of the year (Chart of the day). Near-term weakness in US activity data and cautious comments from Fed Chair Janet Yellen have reinforced this view...
FxWirePro: USD/CHF Short Strangle With Deep OTM Put Strikes Ideal Option for OTC Signals 1W ATM IVs of this pair have not been encouraging the ongoing bearish indications, vols have reduced below 8% despite tomorrow’s Fed’s monetary policy meeting which is likely to remain unchanged...
US Stocks Set for a Rebound Despite soft durable-goods orders data, major US equity indices futures are pointing to a higher opening on Tuesday with modest gains of around 0.2%. S&P 500 future gained 3.5 points while Dow Jones Industrial Average future rose around 30 points...
What to Expect in the Fed’s Statement © Provided by MarketWatch What to expect in the Fed’s statement WASHINGTON (MarketWatch) — The Federal Reserve on Wednesday will leave open the possibility of a rate hike at its next meeting in June, economists said, but try to do so in a way that does not up...
USD/CAD: The Pair is Near the Level of 1.2635 This week, the pair USD/CAD is traded between the levels of 1.2700 - 1.2600, consolidating near the level of 1.2635 (Fibonacci 50%). The price of USD/CAD has returned to the level it had a year ago...
FxWirePro: EUR/AUD IVs Tepid As RBA Likely to Replicate ECB Stay With Backspread There is rarely a time when you need to act quickly and constantly to earn consistent money. The ECB has indicated an extra relaxation in monetary policy at its upcoming meeting day after tomorrow...
