EUR/GBP Unchanged in the Low-0.7700s Calm waters in both the sterling and the shared currency are motivating EUR/GBP to keep the trade just above the key 0.7700 support on Monday. EUR/GBP well supported near 0.7700 The European cross has found pretty decent support around the 0...
FXWIREPRO: USD/JPY Rangebound, Sees Strong Support at 113.30 07 Maret 2016 1:18 PM USD/JPY has been trading a rising wedge pattern and finds strong support at 113.30 (wedge base). Appetite for risk seen lacking in the markets following China's announcement of lower GDP target range (6...
GBP/USD: Bulls Taking a Breather After 5-Day Rally The GBP/USD pair is trading in the sideways manner above 1.42 levels after rallying for five consecutive sessions...
Gold Specs Added to Longs and Trimmed Shorts - TDS Research Team at TDS, lists down the CFTC Commitment of Traders Report for the Week Ending March 1st, 2016...
Australia Job Ads Decline In February: ANZ 07 Maret 2016 12:07 PM Australian job advertisements declined to the lowest since October 2015, a survey by Australia and New Zealand Banking Group showed Monday. Job ads in newspaper and on the internet decreased 1...
US Feb Payrolls: Headline Strong but Wages Big Disappointment – ING Rob Carnell, Chief International Economist at ING, notes that the US labour report was its usual mixed bag – but we think the release is dominated by the soft wages component...
Near-Term Dollar Outlook is Nuanced - BBH Research Team at BBH, notes that the US dollar fell against all the major and most of the emerging market currencies last week as the risk appetites have been rekindled, and the yen has gone from the best performer in recent weeks to the worst over the pa...
USD/JPY Attempts Tepid-Recovery from 113.50 Having bounced-off a dip to 113.50 levels pre-China open, the USD/JPY pair now continues to move back and forth in a slim range amid mild risk-off seen in Asia so far. USD/JPY supported at 113...
Pivot Points MONTHLY Last Updated: Mar 7, 7:03 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 0.98974 1.04588 1.06651 1.10202 1.12265 1.15816 1.2143 USD/JPY 93.993 104.512 108.585 115.031 119.104 125.55 136.069 GBP/USD 1.24708 1.33042 1.36075 1.41376 1.44409 1.4971 1.58044 USD/CHF 0.87851 0.93736 0...
Pivot Points WEEKLY Last Updated: Mar 7, 7:02 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.05201 1.07379 1.08693 1.09557 1.10871 1.11735 1.13913 USD/JPY 108.685 111.085 112.425 113.485 114.825 115.885 118.285 GBP/USD 1.32749 1.36881 1.3955 1.41013 1.43682 1.45145 1.49277 USD/CHF 0.96285 0...
Asian Stocks Trade Mixed, Nikkei Drops as Yen Strengthens The sentiment on the Asian indices appears mixed on Monday, posing a cautious start to the week, as markets assess the Chinese GDP growth target as well as the US jobs data...
AUD/NZD Attacks 1.0900 Amid Cautious Asia The AUD/NZD cross cane under renewed selling pressure over the last hours, and now tests 1.09 handle as the AUD remains weaker against its OZ neighbour. AUD/NZD faces stiff resistance near 1.0925 region Currently, the AUD/NZD pair trades -0...
EUR/USD cautious start to the ECB week, Below 1.1000 The EUR/USD pair witnessed a minor bearing opening gap this Monday, falling nearly 20 pips form above 1.10 handle, and now extends further to the downside amid broad based US dollar recovery. EUR/USD capped by 1...
NZD/USD Could be a Keeper, but Eyes on RBNZ - Westpac Imre Speizer, analyst at Westpac explained that the positive reversal in global risk sentiment in mid-Fed accelerated last week, pushing most equity and commodity markets higher. As a result, high-yielding risky currencies have outperformed...
AUD/JPY: Tracking the Upside but Overdone? AUD/JPY is currently is trading at 84.33 with a high of 84.53 and a low of 84.09. AUD/JPY has tracked the recovery in of both USD/JPY and the Aussie...
A British decision to leave the European Union would be “poison” for the UK, European and global economies that would last for years, the German finance minister has said...
The US dollar fell against all the major and most of the emerging market currencies last week. Risk appetites have been rekindled, and the yen has gone from the best performer in recent weeks to the worst over the past week. Major equity markets advanced for the third week...
Seven years ago on Saturday (5 March), the Bank of England slashed interest rates to a record low of 0.5%. At the time, the cut and plans to pump billions of pounds of electronic money into the economy seemed like an emergency measure to cushion the UK from the global financial crisis...
