All Blogs
Australian Bonds Slump on Firm Risk Sentiments The Australian government bonds slumped Tuesday on tracking overnight rally in crude oil prices and equities market...
Home Prices in Canada Likely to Climb at a Double-Digit Pace in 2016 In April, Canada’s existing home sales was up 3.1%, reaching the highest level for the April month. The sales-to-listings ratio climbed to 64.5. The average existing home price grew 13.2% y/y...
#AUDUSD soared after the Reserve Bank of Australia's meeting minutes, as they showed less "dovish" sentiment than the market expected. There is also another factor supporting the #Aussie. Find out more by checking out the Source Link...
Australia Weekly Consumer Confidence Ticks Up, Sharp Views on Economic Outlook Supports Australia weekly consumer confidence for the week ending May 15 ticked higher for the third straight week, remaining well above its long run average, highly driven by sharp consumer views on the outlook of the...
FxWirePro: Pound Likely to Drop 500 Pips Against Yen, If It Fails to Clear 159 - Trade Idea Pound is likely to face the fury of fear, surrounding Brexit, as the referendum closes in. There isn’t much economic data or news that bulls can chew to keep up...
FxWirePro: Gold Faces Strong Support at $1270, Good to Buy at Dips Major support - $1270 (10 day EMA) The yellow metal has once again retreated after making a high of $1288...
Hello Friends, Let’s see today’s trading idea: ( You can open position instantly or can place pending): Gold sell 1276 sl 1291 tp 1262 EurUsd sell 1.1315 sl 1.1365 tp 1.1220 EurAud sell 1.5405 sl 1.5465 tp 1.5300...
FxWirePro: NZD/USD Deflates from 0.6840 Levels on RBNZ Inflation Expectations NZD/USD sold-off following the release of New Zealand’s RBNZ Q2 inflation expectations gauge. Kiwi bulls unimpressed by a slightly better RBNZ Q2 2-year inflation expectations reading, coming in at 1.64% versus 1...
Guide to Today's Important Data and Events Lots of economic dockets scheduled for today and some with high risks associated. Data released so far – Australia – New motor vehicle sales declined -2.5% in April, still up 2.4% from a year back. New Zealand – RBNZ inflation expectations came at 1...
US Home Sales and Construction Activity to Continue Growing, Existing Homes Sales Likely Improved in April The US NAHB Market Index in May stayed at 58 for the fourth straight time. Consensus forecast was for a slight increase to 59...
RBA Rate Cut a Close Call, Highlights Board Meeting Minutes The Reserve Bank of Australia minutes of the Board meeting highlighted that the decision of the central bank to ease interest rates is a close call...
FxWirePro: Go Long on XAG/USD at $17.22 With Stop Loss at $17.09 and Target of $17.46 XAG/USD is currently trading around $17.24 marks. It made intraday high at $17.25 and low at $17.08 levels. Intraday bias remains bullish till the time pair holds key support at $17.09 marks...
FxWirePro: EUR/AUD Supported Above Daily Cloud, Weakness Only on Break Below EUR/AUD saw sharp downside as Aussie buoyed post RBA minutes which saw markets push out rate cut bets. The pair saw steep slump from 1.5537 levels to hit session lows at 1...
FxWirePro: Gold Hovers Around $1280, Good to Buy on Dips XAU/USD is currently trading around $1279 mark. It made intraday high at $1280 and low at $1273 levels. Intraday bias remains bullish till the time pair holds immediate support at $1270 marks...
FxWirePro: AUD/JPY Struggles to Hold Gains Above the 80 Handle, Bias Higher AUD/JPY has re-taken the 80.00 handle post RBA minutes which showed that the members were not so dovish at the May 3rd meeting...
Asian Markets Mix, Gold Back Above $1280 Major Asian indices are trading on a mix note on Tuesday morning. On the other side, Japanese Yen hovers around 109.00 marks against US dollar and Gold gains in early and trading back around $1280. Japan's Nikkei 225 index rallied 0.90% to 16,615.47 points...
EUR/USD Keeps Range Below 5-DMA ahead of EZ Data Having faced rejection at 5-DMA, the EUR/USD pair turned slightly lower and now consolidates in a slim range above 1.1310 region. EUR/USD awaits fresh impetus from EZ, US data Currently, EUR/USD trades modestly flat at 1...
USD/JPY Struggles with 109 Handle as Nikkei Pares Gains The USD/JPY pair is seen wavering below 109 handle since mid-Asia, unable to regain the last as persisting risk sentiment appears to taking a beating amid mixed Asian markets...
Key Events for the Day – Rabobank Michael Every, Head of Financial Markets Research at Rabobank, lists down the key events for the day ahead. Key Quotes “Today will be supplying us with a few numbers to satiate our demand...
