There were 31.42 million people in work, 116,000 more than for August to October 2015 and 478,000 more than for a year earlier. There were 22.94 million people working full-time, 302,000 more than for a year earlier. There were 8...
UK Unemployment Preview: What to Expect of GBP/USD? Renewed Brexit fears are scaring investors out of Sterling positions ahead of the UK unemployment data, wage growth figure and budget statement release...
EUR/USD Drops Further Near 1.1070 The selling pressure is now growing bigger around the common currency, with EUR/USD visiting the area of 1.1080/70 or session lows...
NZD/USD Neutral Near-Term – UOB The research team at UOB Group expects the neutral bias on the pair to remain in the next 1-3 weeks. Key Quotes “The overnight movement is line with our expectation wherein we expect the current pull-back in NZD to extend lower to 0.6545”...
AUD/USD Could Test the 0.7760 Area – Commerzbank In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the Aussie dollar could see its upside renewed and attempt a test of 0.7760. Key Quotes “AUD/USD continues to ease lower very near term from the recent...
USD/CAD Printing Highs Near 1.3400 Ahead of FOMC The greenback is extending the positive note vs. its Canadian neighbour on Wednesday, now pushing USD/CAD to the area of 1.3480/85. USD/CAD firmer ahead of US data Spot is extending its rebound from recent lows in sub-1...
FOMC Statement and Economic Projections will be released today at 6:00pm GMT followed by Press Conference at 6:30pm GMT. These events will likely see volatility and widening of spreads in the seconds before release. We advise against holding USD positions unless they are already at break-even...
NZ Dollar Extends Slide On Weaker Commodity, Dairy Prices The New Zealand dollar continued to be weaker against the other major currencies in the Asian session on Wednesday following the decline of the prices of dairy products and other commodities...
GBP/USD Weaker, Breaks Below 1.4100 The British pound keeps losing altitude on Wednesday, now sending GBP/USD back below the 1.4100 critical support...
USD/JPY Challenges Highs Near 113.70, FOMC on Sight The Japanese currency is giving away part of the recent gains vs. its American counterpart, lifting USD/JPY to the upper bound of the range near 113.70...
FXWIREPRO: EUR/JPY Struggles to Extend Gains Above 126 Handle EUR/JPY is seeing a small recovery after 2 consecutive sessions of losses, but upside in the pair capped at 126 handle...
FOMC is Here: How toTtrade it? – TDS Research Team at TDS, suggests that the overall tone of the March FOMC meeting should be mixed, reflecting a Fed that is comfortable enough with the recent easing in financial conditions to reassert its tightening bias...
Major and Commodity Currency Pairs Correlation 1 JAN 2015 – 15 FEB 2016 PDF format includes graphical representation and composite comparison, as attached...
Trading the FOMC – Deutsche Bank Alan Ruskin, Macro strategist at Deutsche Bank, suggests that the USD is expected to respond favorably to the FOMC’s signals, contrary to the pattern seen after the last four FOMC meetings with press conferences...
Gold Trades Comatose in Asia as Investors Await Fed Gold traded on a flat note as investors consider the possibility of Fed indicating a possibility of rate hike this year...
New Zealand Q4 Current Account Deficit Widens New Zealand's current account deficit increased in the three months ended December, mainly due to a fall in earnings from both goods and services exports, figures from Statistics New Zealand showed Wednesday...
Pound Drops Against Most Majors The British pound weakened against most major currencies in the Asian session on Wednesday. The pound fell to a 6-day low of 1.4124 against the U.S. dollar, from yesterday's closing value of 1.4149. Against the euro and the Swiss franc, the pound edged down to 0...
Bank of Japan Governor Haruhiko Kuroda said there is room to slash interest rates to around minus 0.5 percent, countering a growing suspicion that public criticism over January's decision to adopt negative rates will prevent him from pursuing with the policy...
USDCAD: Rally continues - Scotiabank Research Team at Scotiabank, notes that the USDCAD continues to rally from Friday’s fresh multi-month low, testing near term resistance around 1.3400 at the upper bound of the descending wedge formation off the January highs...
Yen Falls Against Majors The Japanese yen weakened against the other major currencies in the Asian session on Wednesday. The yen fell to 126.01 against the euro, 160.45 against the pound and 114.96 against the Swiss franc, from yesterday's closing quotes of 125.68, 160.07 and 114.54, respectively...
