What is Correlating in the FX Space? - Nomura Analysts at Nomura were scanning 2,000 cross-market correlations and they find that nominal rate differentials continue to be strongly correlated to FX...
Analysis AUD/USD - FXStreet AUD/USD Current price: 0.7295 Poor Chinese data released over the weekend, triggered a downward gap in the AUD/USD pair at the beginning of the day, sending it down to 0.7248, its lowest since March 2nd...
Analysis USD/JPY - FXStreet USD/JPY Current price: 108.78 Sellers around 109.00. The USD/JPY pair was incapable to regain the 109.00 figure during the first half of the day, having traded as high as 108.98 during Asian trading hours...
Analysis GBP/USD - FXStreet GBP/USD Current price: 1.4371 The GBP/USD pair consolidates its Friday's losses, having extended its monthly decline to 1.4332 after failing to regain 1.4375, the 61.8% retracement of the latest bullish run and the immediate resistance...
Analysis EUR/USD - FXStreet EUR/USD Current Price: 1.1328 Majors are confined to tight ranges this Monday, with half Europe closed on Whit Monday and the macroeconomic calendar empty in the EU...
GBP/USD, EUR/USD, EUR/GBP Trade Ideas The Great British Pound is never a leader currency pair but rather a follower to its two main counterparts, EUR and DXY. Historically, GBP was the Great currency and leader as its formal name implies...
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, Gold (XAU/USD) Analysis for May 16th, 2016 EURUSD, “Euro vs US Dollar” Eurodollar has completed the third structure of the descending wave...
EUR/USD Keeps Highs Near 1.1340 The upside momentum around the shared currency remains unchanged today, with EUR/USD now testing fresh daily highs in the 1.1340 area...
USD/ZAR: Charts and Fundamentals Point to the Upside - BBH According to analysts from Brown Brother Harriman, weak fundamentals and rising political risks, should continue to limit the South African rand (ZAR) during 2016...
EUR/GBP: Above 0.7750, Target at 0.7950/70 - Lloyds Bank Analysts from Lloyds Bank, as long as EUR/GBP remains above the key support 0.7800 - 0.7750, it is biased for a rise back toward 0.7950/70. Key Quotes: “Post BoE Governor Carney’s comments last Thursday the cross dropped through 0...
GBP/JPY Recovers from 1-Week Lows and Approaches 157.00 The pound is rising on Monday against the yen after ending last week with losses. GBP/JPY dropped during the Asian session to 155.66, the lowest level in a week and then bounced to the upside. Initially, it found resistance at 156...
GBP/USD Fades the Advance Above 1.4400 The sterling has regained momentum today along with the rest of the risk-associated assets, pushing GBP/USD to fresh highs beyond the 1.4400 mark...
EUR/USD Outlook Remains Bearish Near Term – Scotiabank Shaun Osborne, Chief FX Strategist at Scotiabank, has reiterated the bearish perspective for the pair in the short-term...
FxWirePro: Swiss Economic Data and RBA Minutes in Action - Deploy Vega Instruments in AUD/CHF Option
FxWirePro: Swiss Economic Data and RBA Minutes in Action - Deploy Vega Instruments in AUD/CHF Option Strips for Optimal Hedging The implied volatility of 10D expiries are spiking at 11.23% and likely to inch higher towards 12.07% for 1m tenors. At spot ref: 0...
GBP/USD Within Striking Distance of 1.4400 Handle on Disappointing US Data A disappointing manufacturing data from the US provided the much needed opportunity for GBP bulls to lift the GBP/USD pair back to the vicinity of 1.4400 handle. The pair shot-up to 1...
NZD/USD Rebounds Back above 0.6800 from the Vicinity of 100-DMA Support On the first trading day of the week, the NZD/USD pair started on back-foot led by weaker-than-expected Chinese economic data. The pair, however, witnessed a remarkable recovery from morning lows of 0...
EUR/JPY Recovers to 123.30 but Remains Vulnerable to Further Downside The EUR/JPY pair recovered over 65-pips from session low of 122.61 and has now moved to session peak level of 123.24...
EUR/USD in Highs above 1.1330 Post-US Data The buying interest around the common currency is now gathering further steam, lifting EUR/USD to fresh daily highs in the 1.1330/35 band...
GBPUSD: The pair closed lower the past week leaving risk of additional weakness on the card in the new week. Despite its present price hesitation, short term risk remains lower. On the downside, support lies at the 1.4300 level where a break will turn attention to the 1.4250 level...
