The Canadian Dollar has been on a run that likely has more gas in the proverbial tank that could mean further CAD gains...
$EURUSD What ProAct Forex Target Traders See: We are currently sitting @ 1.1401 and potentially still in a large range. We are looking for a continuation move OUT to the Day chart top (which indicates trending) @ 1.1470) and a possible high at the 1.270 Fibo @ 1.1537...
A choppy trading week comes to an end, with EUR/USD finishing at the starting point but leaving fresh year-to-date highs marked...
Oil prices rallied on Friday underpinned by optimism of an output freeze deal between OPEC and non-OPEC producers and signs of decreasing supply in the US. WTI futures gained more than 6% on Friday to close at $39.72 a barrel, recording an 8.0% weekly gain...
USD/CAD Forecast for 11-15 April 2016 Long Position 1° Size Area: 1,2925 / 1,2900 2° Size Area: 1,2875 / 1,2850...
what are the prospects for oil??? With two months of the year before the accident down the accusations, PetroChina, now fluctuate less than $ 40 shocked the international list, but the scene is facing a new actor, Iran...
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...
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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...