Strategist at Westpac Sean Callow believes the pair could attempt a run towards 0.77 or even 0.78 in the near term. “After the iron ore rally hit a wall, AUD/USD has received a second wind from the Fed”...
Prakash Sakpal, Economist at ING, suggests that in China with reducing excess housing inventories being a major task for this year housing policy is a watching brief for new stimulus measures. “The 70-cities new home price data for February is due tomorrow at 9.30am local time...
The research team at UOB Group sees the Aussie dollar well supported around 0.7415. “The sudden overnight surge in AUD appears to have scope to extend higher but at this stage, a clear break above the major resistance at 0.7600 appears unlikely”...
Swiss lender Credit Suisse expect the EUR/USD exchange rate to reach 1.17 by year end due to a policy shift by the European Central Bank away from targeting exchange rates. Euro forecast to rise to 1...
It is the Bank of England (BOE) Rate Meeting today, but with no chance of a policy change (BofAML) suggest concentrating on the minutia of the minutes. The BOE rate meeting today is not expected to result in any major policy changes...
Brent oil neared March 8 high of $41.46 on the back of broad based USD selling and on optimism major producers may announce output freeze in April. Trades above $41 Prices currently trade around $41.20, after having clocked a session high of $41.41 levels...
Julien Manceaux, Research Analyst at ING, notes that the Swiss National Bank left its monetary stance unchanged at its March meeting. “The target range for the 3m Libor therefore remains at -1.25%/-0.25% with a negative deposit rate of -0...
The U.S. currency came under serious pressure versus its competitors in FOREX on all fronts. Thus, #USDJPY #quotes have left borders of the graphic pattern "triangle", which was relevant during the past few weeks, breaking its lower border. Find out more by checking out the Source Link...
A technical picture in #USDCAD has changed dramatically. The #Fed meeting gave bears in the pair an opportunity to successfully storm the support line of the medium-term uptrend. It is recommended to hold short positions opened on a breakthrough of a support line...
The British pound to dollar exchange rate (GBPUSD) recovered strongly in the wake of the US Federal Reserve’s March policy meeting, the gains could however be brief...
There are over 150 released research studies about e-cigarette poisoning, chemical composition, impacts on the human body, and also cessation...
A battery, an atomiser as well as a renewable nicotine chamber allows the smoker to hold and even smoke the e cigarette equally as they would certainly other cigarette, also producing a "smoke" like vapour and radiance at the end as they draw...
Michael Hsueh, Research Analyst at Deutsche Bank, suggests that Chinese oil demand growth has accounted for an average of 35% of world oil demand growth since 2000 and based on public agency and industry forecasts this trend is expected to continue with China making up more than a third of world...
As widely expected, the Fed maintained the Fed funds target rate unchanged at 0.25%-0.50% - but the Fed sent a dovish signal...
Broad based USD selling after an all out dovish FOMC pushed the USD/CHF below its 200-DMA level of 0.9788 levels ahead of the Swiss National Bank (SNB) rate review...
The Canadian dollar is gathering further traction vs. its American peer on Thursday, now dragging USD/CAD to the 1.3065/60 band, session lows. USD/CAD lower on USD-selling, oil gains Spot is trading at shouting distance from 5-month lows in the 1...
The research team at UOB Group sees gains inEUR/USD to be limited in the near term. Key Quotes “The overnight high has been 1.1242 which was just below the 1.1245 target that was first indicated last Friday”...
Strategist at Westpac Richard Franulovich has recommended going long USD on pullbacks towards the 94.00-95.00 area...
Richard Franulovich, Strategist at Westpac, suggested the 1.35-1.36 area could cap occasional gains. “This could be it for USD/CAD’s downleg since midJan, neither CA-US 2yr bond spreads nor oil prices offering much confidence for sustained trade in USD/CAD sub-1.35”...
