All Blogs

To add a new post, please log in or register
FOMC Minutes (March Meeting) - Wed 4/6 - 2:00 PM ET BofAML: The dichotomy between dovish remarks from Fed Chair Janet Yellen and more hawkish comments by several of her colleagues on the Federal Open Market Committee (FOMC) sets the stage for the March minutes...
Analytics & Forecasts
  • 60
  • 1
Vasilii Apostolidi, 6 April 2016, 13:21 #forex
US: Better ISM Data Coupled with Weaker GDP and Profit Concerns - MUFG Derek Halpenny, European Head of GMR at MUFG, suggests that the US data continues to provide mixed signals on the outlook for the economy that would appear at least for now to back up the need for caution, expressed by Chair Y...
Market News
  • 37
  • 1
Roberto Jacobs, 6 April 2016, 13:16
As a result of a powerful wave of decline observed on Tuesday, #USDJPY has reached the lower limit of the trading range that was relevant for the past two months. The yen is growing despite the Bank of Japan's actions. Find out more by checking out the Source Link...
Analytics & Forecasts
  • 47
Vistabrokers CIF Ltd, 6 April 2016, 13:16 #Trading
Quotes of #USDCAD have reached the resistance line of the descending medium-term trend, where bulls took a timeout. The dynamics of oil prices traditionally had an influence on the loonie - so the bears in this market have intensified. Find out more by checking out the Source Link...
Analytics & Forecasts
  • 48
Vistabrokers CIF Ltd, 6 April 2016, 13:14 #Trading
USD/JPY Outlook Shifted to Bearish – UOB In view of the research team at UOB Group, the pair’s perspective has turned to bearish in the next 1-3 weeks. Key Quotes “USD broke below last month 110.65 low to touch a 109.94”...
Analytics & Forecasts
  • 43
  • 1
Roberto Jacobs, 6 April 2016, 13:13
USD/JPY Struggles to Avoid Losses as BOJ Hesitates to Intervene USD/JPY is working hard to avoid losses as Bank of Japan policy officials rule out FX market interventions and talk about 100 levels in the pair. Hovers around 110.30 The spot is now trading around 110...
Analytics & Forecasts
  • 38
  • 1
Roberto Jacobs, 6 April 2016, 13:11
Eurozone: Consumers don’t Act on Lower Confidence - ING Bert Colijn, Senior Economist at ING, suggests that the Eurozone retail sales increased in February and reached the highest level since early 2008, defying increased nervousness among consumers because of global turmoil...
Analytics & Forecasts
  • 46
  • 1
Roberto Jacobs, 6 April 2016, 13:04
Risk-Off Flows Jolt Currency Markets - Investec Research Team at Investec, notes that yesterday was another day of risk-off moves, as stock markets were a sea of red and currency markets saw safe-haven moves into the US Dollar, and notably the Japanese Yen which reached 1.5 year highs...
Analytics & Forecasts
  • 28
  • 1
Roberto Jacobs, 6 April 2016, 13:00
Gold on the Back Foot as USD Climbs Ahead of Fed Minutes Gold extends its retreat from 20-DMA resistance and remains heavily offered in the mid-European session, on the back of broad based US dollar rebound. Gold: FOMC minutes to confirm the recent Yellen’s dovish stance...
Analytics & Forecasts
  • 33
  • 1
Roberto Jacobs, 6 April 2016, 12:58 #gold
GBP/USD Accelerates the Breach of 1.41 The sterling is now quickly losing the temper vs. the dollar, sending GBP/USD further south of the 1.4100 handle...
Analytics & Forecasts
  • 25
  • 1
Roberto Jacobs, 6 April 2016, 12:55
EUR/USD: Neutral: Likely in a broad 1.1330/1.1495 range. As mentioned yesterday, while short-term momentum has eased off, it is not enough to indicate that a short-term top is in place. Hence, we continue to hold a positive view for EUR. Last week’s peak near 1...
FXWIREPRO: AUD/CAD Rises from Lows of 0.9897, Finds Strong Resistance at 0.9950 AUD/CAD downside on Tuesday found support by the daily cloud, currently spanning 0.9778 to 0.9884. The pair took support by cloud top at 0.9893 and edged higher to currently trade around 0.9941 levels...
Analytics & Forecasts
  • 27
  • 1
Roberto Jacobs, 6 April 2016, 12:51
Technical Analysis of EUR/CAD for April 06, 2016 According to my yesterdays' analysis, EUR/CAD started moving higher after rejecting the S1 (1.4850)support and the 200 Moving Average. Pair broke above R1 (1.4960) once again confirming a bullish trend...
Technical Analysis of NZD/CAD for April 06, 2016 NZD/CAD is trading in a clear range where 2 key levels can be seen. The resistance is near 0.9090, and the support is near 0.8910. Overall, price broke above the 200 Moving average and currently is rejecting it...
BOJ Easing Speculation on the Rise - MUFG Derek Halpenny, European Head of GMR at MUFG, suggests that they are certainly not surprised with greater market talk of additional BOJ easing, perhaps as soon as the next meeting on 28th April...
Market News
  • 59
  • 1
Roberto Jacobs, 6 April 2016, 12:41
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, April 6th EUR/USD trades at the bearish pressure near session lows at 1.1352. Having peaked at 1.1400 levels in the last NY session, major began it bearish move...
Analytics & Forecasts
  • 25
EEAnalytics, 6 April 2016, 12:38
ECB May Mind Stronger Euro Less As Global Economy Slows European Central Bank (ECB) chief Mario Draghi, first verbally started attacking Euro, back in 2014, when Euro was going strong, Euro Zone economy was weak and inflation was low, by suggesting despite Euro not being a direct policy tool but...
Analytics & Forecasts
  • 97
  • 1
Roberto Jacobs, 6 April 2016, 12:38 #ECB
Weaker Dollar Commodity Producers Nightmare Weaker Dollar is and likely to increase commodities producing countries’ as well as their respective central banks’ headaches by shrinking their policy options...
Market News
  • 24
  • 1
Roberto Jacobs, 6 April 2016, 12:34
EUR/USD Treading Water Around 1.1350, Fed Minutes Eyed The bears take a breather from their downward momentum, allowing the EUR/USD pair to consolidate the heavy losses, as market inch closer towards the FOMC minutes due later in the US session...
Analytics & Forecasts
  • 36
  • 1
Roberto Jacobs, 6 April 2016, 12:30
CBRT: Door Open for Further Easing? – Rabobank Strategist at Rabobank Piotr Matys sees the possibility that the CBRT could loose further its monetary conditions in the medium term horizon...
Market News
  • 67
  • 1
Roberto Jacobs, 6 April 2016, 12:28