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Pivot Points-Hourly Last Updated: Mar 11, 2:15 am +03:00 Symbol S3 S2...
Market News
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Mohammed Abdulwadud Soubra, 11 March 2016, 00:20
Pivot Points-Daily Last Updated: Mar 11, 2:15 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.02783 1.06748 1.09254 1.10713 1.13219 1.14678 1.18643 USD/JPY 109.698 111.541 112.333 113.384 114.176 115.227 117.07 GBP/USD 1.38348 1.40356 1.41553 1.42364 1.43561 1.44372 1.4638 USD/CHF 0.93501 0...
Market News
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Mohammed Abdulwadud Soubra, 11 March 2016, 00:18
Support & Resistance Update - Indexes Last updated: Mar 10, 2:40 pm +03:00 S S - Strong |...
Market News
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Mohammed Abdulwadud Soubra, 11 March 2016, 00:16
Support & Resistance Update Last updated: Mar 10, 2:40 pm +03:00 S - Strong | M - Moderate...
Market News
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Mohammed Abdulwadud Soubra, 11 March 2016, 00:11
The main event today is of course the ECB meeting. I wrote an extensive piece (available in the Special Reports section of the FXPRIMUS website) that I presented as a webinar (also available on the web...
Market News
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Francis Dogbe, 10 March 2016, 22:07 #ECB
The European Central Bank cut all three of its interest rates and expanded its asset-buying program on Thursday, delivering a bigger-than-expected cocktail of actions to boost the economy and stop ultra low inflation becoming entrenched...
Market News
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Francis Dogbe, 10 March 2016, 17:39 #ECB
The European Central Bank (ECB) delivered a surprise package of measures to kickstart Europe's economy on Thursday, cutting its main interest rates and expanding its massive bond-buying program...
Market News
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Francis Dogbe, 10 March 2016, 17:27 #QE, ECB
European Economics Preview: ECB Likely To Cut Deposit Rate Further The European Central Bank is set to announce its interest rate decision later today. The bank is expected to cut its deposit rate further into negative territory, while keeping the refi rate unchanged...
Market News
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Roberto Jacobs, 10 March 2016, 08:39 #ECB
EUR/GBP Rangebound Near 0.7730 Ahead of ECB The usual lull pre-ECB meeting has taken over sentiment ahead of the European open on Thursday, leaving EUR/GBP to navigate the 0.7730 area...
Currency
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Roberto Jacobs, 10 March 2016, 08:33
EUR/JPY: Upside Remains Capped by 124.90 The bulls are seen struggling to keep the bids as progress towards the European open, with EUR/JPY failing yet again to take out the strong resistance at 124.90. EUR/JPY flat-lined below 123.70 The EUR/JPY pair trades modestly flat at 124...
Currency
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Roberto Jacobs, 10 March 2016, 08:28
NZD/USD Recovers Losses, but RBNZ Rate Cut Caps Gains The selling interest in the NZD ran out of team, helping the NZD/USD pair recover losses, but the gains are hard to come on account of RBNZ’s dovish stance. Trades above 200-DMA The spot recovered from the Asian session low of 0...
Currency
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Roberto Jacobs, 10 March 2016, 08:23 #nzdusd
Brexit Uncertainty is Slowing UK Business Investment – Rabobank Research Team at Rabobank, notes that the UK business investment fell by 2.1% q-o-q in the last quarter of 2015, the largest decline since 2014...
Market News
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Roberto Jacobs, 10 March 2016, 08:20
EUR/USD Waits for Draghi Around 1.0970 EUR/USD has quickly faded yesterday’s bullish attempt to the 1.1040 region, returning to the comfort zone around 1.0970 ahead of the ECB event. EUR/USD looks to Draghi for direction It’s all about the ECB today...
Currency
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Roberto Jacobs, 10 March 2016, 08:17
RBNZ: Shock and awe ahead of ECB – TDS Research Team at TDS, notes that the RBNZ unexpectedly cut the Official Cash Rate (OCR) by -25bp to 2.25%. Key Quotes “OIS was 28% priced for –25bp, and only 2/17 analysts expected a cut...
Market News
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Roberto Jacobs, 10 March 2016, 08:11
NZ Dollar Extends Slide On Surprise RBNZ Rate Cut The New Zealand dollar weakened against the other major currencies in the Asian session on Thursday after the Reserve Bank of New Zealand lowered its Official Cash Rate to a fresh record low and signaled further easing...
Currency
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Roberto Jacobs, 10 March 2016, 08:09
GBP/USD Comatose Around 1.42, Investors Await ECB Rate Decision The GBP/USD pair is trading in the sideways manner around 1.42 handle as investors prefer to be on the sidelines ahead of ECB rate decision due later today. Will he or Won’t he...
Currency
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Roberto Jacobs, 10 March 2016, 08:05
FXWIREPRO: New Zealand Dollar Breaks All Key Resistances Against Aussie After Surprise Rate Cut by Rbnz Pair is currently trading at 1.1277 levels. It made intraday high at 1.1282 and low at 1.1224 levels. Intraday bias remains bullish for the moment...
Currency
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Roberto Jacobs, 10 March 2016, 08:00
FXWIREPRO: Buy USD/JPY Breakout Above 113.80, Target 114.25 Markets likely calmed by higher than expected Chinese CPI figures, risk-on back. USD/JPY rallied to hit session highs at 113.80, but upside likely struggling at strong trendline resistance (113.80...
Currency
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Roberto Jacobs, 10 March 2016, 07:56 #breakout
EUR/USD: Bears Back in Charge Below 1.1000, ECB in Focus The EUR/USD’s recovery beyond 1.10 handle once again fizzled in early trades, and the prices reverted in the negative territory below the last. EUR/USD languishes near lows Currently, EUR/USD drops -0.20% to 1...
Currency
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Roberto Jacobs, 10 March 2016, 05:16
Asian Stocks Bounce, Shanghai Unimpressed by CPI The stocks on the Asian bourses rebounded this Thursday, heading for the first gain this week after RBNZ unexpectedly slashed rates, while markets remain expectant of the additional stimulus by the ECB...
Market News
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Roberto Jacobs, 10 March 2016, 05:14 #CPI