Analysts at TD Securities explained that volatile price action in USD/CAD this week has added nearly four big figures to the price in the space of two days. Key Quotes: "The strong, underlying bull trend in place in the past few months remains intact and may be accelerating...
The EUR/USD saw a sudden decline now on reports that the European Central Bank would propose EUR 50 billion QE per month tomorrow. The pair fell to 1.1580 from 1.1640 levels after rumors did rounds regarding EUR 50 billion per month QE. However, the pair jumped back to 1...
The Australian dollar is falling hard versus its American counterpart following the ECB rumors that the bank is considering €50bn in QE per month through to the end of 2016 according to Bloomberg. In addition, the BoC cut its interest rate to 0.75% and the gold is falling back to the 1,284...
USD/CAD soared to fresh 6-year highs after the Bank of Canada decided to cut the main rate by 25 bps to 0.75%, the first reduction since April 2009, in a move that caught markets off guard. USD/CAD rallied more than 200 pips and reached its highest level since April 2009 at 1...
Recent forecasts from BNP Paribas for the major currencies (end of period) BNP Paribas - a financial conglomerate, the European leader in global banking and financial services and one of the six strongest banks in the world according to the agency Standard & Poor's...
EUR/USD "Can Mario Draghi QE push Euro to 1.10, What if he disappoints where are we heading ? " If Draghi disappoints the financial markets tomorrow in ECB Press Conference by going on a lower base than where EURO would be heading is a question to be discussed...
After Switzerland shocked markets by scrapping its currency cap, investors are beginning to ask whether the dollar should expect a policy surprise as well...
After the initial massive gap in CHF pairs, the CHF is now trading well off of its strongest levels of the day...
The sterling is now quickly losing ground vs. the greenback, dragging GBP/USD to the 1.5080 area post-BoE, UK data. GBP/USD hurt by BoE vote, data Spot saw its recent gains eroded after the BoE showed an unanimous vote favoring the current status quo – rates at 0...
Quantitative Easing is bad for currencies, right? By definition, QE is a policy that seeks to stimulate the economy by increasing the monetary base, or supply of money, in an economy, and as we all know from Economics 101, a greater supply of a currency lowers it value...
EURUSD The indicator of OsMA,marking the tendencies of decline of activity of bovine side, gives founding to the preference of planning of positions oflateral correction for trade operations to date...
Another day, another decade high in the dollar. It's business as usual for the world's reserve currency today, led by dollar strength against the Japanese yen and commodity dollars...
Over the last week or so the Australian dollar made numerous attempts at the resistance level at 0.82 only to be sent back often before finally finishing last week moving through this key level. In doing so it was able to reach a one month high near 0...
The indicator of OsMA, marking the tendency ofstrengthening of activity of bovine side, gives founding to thepreference of planning of long positions for trade operationssimilarly and to date...
THE EURO closed lower on Tuesday. Today's midrange close sets the stage for a steady to steady opening when Wednesday's night session begins trading. Stochastics and the RSI remain bearish signalling that sideways to lower prices are possible nearterm...
NZD/CAD: Long The current pull back in the pair offers a good opportunity to step in. For that reason positions have been opened for this pair based on the analysis described in my article Weekly Review Strategy Wk03...
The US dollar is gaining ground on Tuesday as investors are betting on safer assets such as the Greenback and the Gold. The USD is the top performer among majors, including a maximum of six years against its Canadian counterpart...
NZD/USD is currently trading at 0.7630 with a high of 0.7681 and a low of 0.7622 and is down 0.57% on the day. NZD/USD has dropped on the back of the CPI results. These came in below the consensus for 4Q, with the actual printing -0.2% vs 0% expected, while the YoY read came in at 0.8% vs 0...
The selling interest is picking up pace around the EUR at the end of the session on Tuesday, sending EUR/USD to 2-day lows around 1.1540. EUR/USD remains fragile The earlier bull attempt beyond 1...
The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity universe. The Russell 2000 Index is a subset of the Russell 3000® Index representing approximately 10% of the total market capitalization of that index...
