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Crude oil prices came under renewed selling pressure on news that Iran would continue to increase its oil production to reach the market position it enjoyed before the sanctions, diminishing hopes of an output freeze deal amongst OPEC and non-OPEC producers...
Gold prices remained under pressure at the beginning of the week, with spot falling below $1,215 an ounce...
Technical Outlook: AUDUSD reversed off slope resistance last week with the broader long-bias at risk near-term heading into tonight’s Reserve Bank of Australia (RBA) interest rate decision. The pair is now testing support at 7590-7606- a region defined by the 61...
In the past three weeks, we have seen a bit of ‘a perfect storm’ against our call for a weak Euro...
Analysts at TD Securities explained the overall tone of the March FOMC meeting was dovish, reflecting a greater concern among Fed officials about the risks posed to the US economic outlook from global developments...
AUD/USD is trading with a bearish bias although within a positive trend as we head towards tonight's main event in the RBA. RBA to maintain old fashioned attitude despite the Aussie AUD/USD dropped from the 0.7680 zone to end the week last week and made a recent low today of 0...
Analysts from Lloyds Bank point out that EUR/GBP bias remains to the upside and it looks set to test the region around 0.8170 - 0.8230. “A clear breakout and extension from the recent 0.7665-0.7925 trading range, sees us test next resistance around .8030/40...
The Canadian dollar managed to hold up pretty well against its US rival despite renewed weakness in oil prices, with WTI falling back below $37.00 a barrel. USD/CAD rose to a daily high of 1.3082 during the European session but then turned lower amid broad USD weakness and bottomed out at 1.3002...
According to analysts from Danske Bank, the Danish central bank did not intervene in the FX market in March and reserves may start to rise soon again. They expect Danmarks Nationalbank (DN) to cap EUR/DKK not far below current levels...
Analysts at Brown Brothers Harriman explained that this EM rally could run for a while longer, but we still believe that some EM turbulence will return later this year. "Look at how poorly EM and risk traded in the run-up to the March FOMC meeting...
Analysts from Lloyds Bank explain that the long-term trend in the GBP/USD pair remains down with risks for a test of 1.35. “A sharp decline, aligned with the EURGBP range breakout, from the range highs in the 1.4480-1.4515 on Friday suggests that further weakness to re-test range support in the 1...
Analysts at UOB Group explained that, for the week, USD was lower against the regional currencies, undermined by dovish tone from US Fed and despite a stronger-than-expected nonfarm payroll last Fri...
Eric Theoret, CFA, CMT FX Strategist at Scotiabank explained that USD/JPY has tested a fresh two week low and trend signals hint to a rise in downside risk. "However momentum indicators are close to neutral and USDJPY has yet to break its multi-month range roughly bound between 111 and 115...
It is becoming increasingly clear is that the growing current account surplus in the euro-zone is acting as a key support for the euro at current levels, notes BTMU. "The euro-zone current account was surplus was a record EUR 317bn in 2015, amounting to over 3% of GDP...
Analytical Review of the Stocks of JPMorgan Chase&Co. JPMorgan Chase&Co., #JPM [NYSE] Finance, Banks, USA Financial performance of the company: Index – DJIA, S&P 500...
Why hasn’t Israel shut down binary options scam? A former MK describes how she tried. Five years ago, Einat Wilf realized forex/binary options was, at best, an industry founded on illegal gambling...
NZD/USD: Bearish Bias, Testing Daily Lows The kiwi is consolidating losses against the US dollar on Monday and continues to retreat from 0.6966 (Thursday high). NZD/USD bottomed during the American session at 0.6837. Currently, it trades at 0.6850, 0.80% down for the day...
EUR/USD Back and Forth Around 1.1400 EUR/USD has been confined to a narrow range on Monday, having seesawed around 1.1400 unable to set a short-term direction in the absence of major drivers...
FXWIREPRO: GOLD Prices Set to Decline Further, Upside to be Limited Gold has declined to trade around 1089 levels, giving earlier gains made in European session, as Friday’s strong US jobs data boosted investors risk sentiment, while uncertainly continued about Federal Reserve’s rate hike path...
