The latest opinion poll conducted by Nikkei showed that 55% of respondents judge it necessary for the government to have a new fiscal package (the poll was conducted from 25 to 27 March...
The Dollar pushed higher against the other major currencies on Wednesday, even after data showed that US new home sales rose less than forecast in February and as hawkish comments by several Federal Reserve members continued to support the greenback...
Enhancing the skin with all-natural capability's to combat off complimentary radicals is the primary objective of Christie Brinkley Recapture 360 Cream. UVA/UVB damage could be turned around also...
USD/CHF Trade Idea Major support – 0.9630 (trend line joining 0.91136 and 0.9257) The pair has broken minor support 0.9680 and declined till 0.96432 at the time of writing. It is currently trading around 0.96516. Short term trend is slightly bullish as long as support 0.9630 holds...
U.S. Treasury Climbs on Fed Interest Rate Caution The U.S. sovereign bonds price rallied on Wednesday, pushing the yield on the benchmark 10-year Treasury note to a 1-month low, as investors cheered Federal Reserve Chairwoman Janet Yellen’s cautious stance in raising interest rates...
Yellen Added Fresh Fuel to the Dollar’s Correction - BBH Research Team at BBH, notes that the Yellen came across very dovish in her speech yesterday as she mentioned the need for "gradual" rate hikes numerous times...
The main takeaway, in our view, from Chair Yellen’s comments before the Economic Club of New York, is that a combination of higher external risk factors, downward revisions to committee member’s estimates of the long-run policy rate, and the asymmetry of monetary policy at the zero lower bound ca...
Dovish Yellen Reignited Positive Sentiment in the Market - Rabobank Piotr Matys, EM FX Strategist at Rabobank, notes that the dovish comments from Federal Reserve Chair Janet Yellen reignited positive sentiment in the market...
German CPI Preview: What to Expect of EUR/USD? The bid tone surrounding the EUR/USD pair weakened a bit over the last hours as the broad US dollar selling stalled. Although the prices kept range and now consolidates the upside around 1.1320 ahead of key macro releases from both continents...
US: Focus will be on the ADP Employment – Deutsche Bank Research Team at Deutsche Bank, suggests that in the US the focus will be on the ADP employment change reading for March as a prelude for the Friday employment report, with market expectations currently sitting at 195k...
Yellen’s speech today was consistent with the FOMC’s communication two weeks ago – dovish, if not a bit more so. It supported our more dovish stance than the consensus on rates...
Gold Surrenders Gains, Flirts with Hourly 200-MA Gold is threatening to drop below hourly 200-MA level of $1236.57 ahead of the data in the US, which could show private sector employment growth slowed in February. Gold to snap two-day winning streak...
Analytical Review of the Currency Pair GBP/USD Technical data of the currency pair: Previous closing: 1.4385; Daily range: 1.4369-1.4434; Opening: 1.4385...
UK Gilts Rise As Yellen Hedges on Rates The United Kingdom 10-year gilts gained for second straight day on Wednesday amid following dovish comments made by the Federal Reserve Chair Janet Yellen...
EUR/USD: Neutral: Increasing upside risk. As indicated yesterday, a move to 1.1280 would not be surprising (overnight high has been 1.1303). From here, this month and last month peak at 1.1342 and 1...
FXWIREPRO: GBP/USD Faces Strong Resistance Around 1.4480, Good to Sell on Rallies Major resistance – 1.4480 (trend line joining 1.4663 and 1.4474) Major support -1.4350 (55 day EMA) Cable has retreated after making a high of 1.4450 level. It is currently trading around 1.43925...
#USDJPY has rebounded from the upper boundary of the horizontal channel down as a result of the cautious Yellen's speech. A #stochastic oscillator confirms the reversal and it is recommended to hold short positions. Find out more by checking out the Source Link...
Yellen's speech resulted in the increase of #Gold. #Quotes have already reached the upper limit of the current short-term downtrend channel. Here, due to the achievement of the important technical level, the situation may change. Find out more by checking out the Source Link...