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EUR, CHF, GBP, CAD, AUD, NZD: Weekly Outlook - Morgan Stanley EUR: Dovish ECB. Neutral. The ECB was more dovish than expected, leaving growth and inflation forecasts for 2017/18 unchanged despite higher oil prices, underlining concerns about future growth prospects...
DAILY MARKET OUTLOOK on Major EUR/USD EUR/USD - 1.1357 The single currency's rally to as high as 1.1375 on Friday after the release of much weaker-than-expected U.S. non-farm payrolls data, then to 1.1393 yesterday suggests upmove from last week's low at 1...
Japan: Another Huge Fiscal Package is Set to be Announced - Westpac Robert Rennie, Research Analyst at Westpac, notes that after weeks of various “sourced” news articles on whether the planned sales tax increase would be pushed back, Abe announced the tax would be delayed by two and a half years...
GBP/USD Spikes Almost 200 Pips, Fat Finger? GBP/USD popped up aggressively from 1.4470 session highs all the way towards 1...
GBP/USD: Hold on Tight - Rabobank Jane Foley, Research Analyst at Rabobank, suggests that the strength of the US economy and the wider implications for the EU of the UK’s membership referendum have wide ranging implications for global asset markets...
Clear Communication Breakdown Between Fed and Market - Rabobank Michael Every, Head of Financial Markets Research at Rabobank, suggests that the Yellen’s speech yesterday was consistent with recent Fed tradition in that it was all things to all men depending on how one wanted to read it...
ECB's Corporate Bond Buying Program Starts - BBH Research Team at BBH, suggests that the ECB’s corporate bond buying program begins this week in which ECB will buy euro-denominated, investment grade bonds from companies incorporated within the Eurozone...
RBA Keeps Rates Unchanged: Consistent with Sustainable Growth, Inflation Returning to Target At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1...
GBP Move: Speculation Wrong Big Figure Entered On an Order All market participants are scrathig their heads on the GBP move just seen, with some market sources noting that they heard wrong big figure entered on an order...
Guide to Today's Important Data and Events Quite a handful of economic dockets scheduled for today and some with high risks associated. Upcoming – Australia – Reserve Bank of Australia (RBA) will announce policy decision at 4:30 GMT...
AUD/USD Flat-Lined around 0.7370 ahead of RBA The AUD/USD pair trades directionless in a tight range in the mid-Asian session, as the trades remain wary heading into the RBA policy decision due shortly. AUD/USD hovers below 100-DMA at 0.7398 Currently, the AUD/USD pair trades modestly flat at 0...
Commodity Shares Rally Drives Asia Higher, China Bucks Trend The stocks on the Asian bourses attempt a tepid-bounce so far this session, as the sentiment remains buoyed by a renewed rally in the commodity shares after markets cheered the news that the commodities’ prices rose by more than 20% sin...
USD/JPY Catches Fresh Bid, Looks to Test 108 Handle The USD/JPY pair caught a sudden bid-wave and took-out Monday’s high, now rallying towards 108 handle as the bulls gathered pace for the next push higher. USD/JPY eyes hourly 100-SMA at 108...
Gold Capped by 50-DMA in Asia, Awaits Fresh Impetus Gold failed to sustain gains and turned into the negative territory over the last hour, as the risk environment improved further amid extended rebound seen in the Asian equities. Gold heads towards $ 1240 mark Currently, gold now trades -0...
FxWirePro: USD/JPY Remains Well Supported Above 107.00 Mark, Faces Strong Resistance at 107.82 USD/JPY is currently trading around 107.76 marks. It made intraday high at 107.82 and low at 107.22 levels. Intraday bias remains neutral till the time pair holds key resistance at 107.82 marks...
EURUSD Daily Forecast: June 07 2016 EURUSD Forecast The EURUSD was indecisive yesterday. The bias remains bullish in nearest term testing 1.1470. Immediate support remains around 1.1285...
GBPUSD Daily Forecast: June 07 2016 GBPUSD Forecast The GBPUSD attempted to push lower yesterday bottomed at 1.4351 but closed higher at 1.4438. The bias is neutral in nearest term probably with a little bullish bias testing 1.4520/50 region. Immediate support is seen around 1.4400 followed by 1...
USDJPY Daily Forecast: June 07 2016 USDJPY Forecast The USDJPY was corrected higher yesterday topped at 107.65. The bias is bullish in nearest term testing 107.70...
USDCHF Daily Forecast: June 07 2016 USDCHF Forecast The USDCHF continued its bearish momentum yesterday bottomed at 0.9681. The bias remains bearish in nearest term especially if price able to make a clear break below 0.9670 targeting 0.9600 before targeting 0.9470 this week...
