All Blogs
Analysts at Westpac explained that two out of three negative signals on GBP direct our portfolio to a short GBP position to be added on any near term strength. "We sell GBP/USD at 1.4450, stop 1.4610...
It looks like that for this week understanding currency movements, and importantly where exchange rates are headed, requires an understanding of risk hierarchies. Global stock markets are selling off as investors flee assets considered to be at risk of sharp declines...
Themes: the Fed in the driver’s seat. Our last report argued that the March ECB meeting would be the most difficult in recent years; the price action that followed has confirmed it...
The following are the latest technical setups for EUR/USD, GBP/USD, USD/CHF, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: We have turned bearish following subsequent ‘‘doji’’ topping candles...
Another month, another strong US jobs report. Nonfarm payrolls grew 215k in March, again far above our 85k estimate of the pace consistent with a stable unemployment rate over the medium term...
We have been saying for some time now that the outlook for the sterling-euro conversion depends on how the 1.25 support zone holds out. On Tuesday the 5th of April it appears that the flood gates have opened and the pound is rushing lower against the euro...
Risky assets are under pressure across markets globally, feeding through in G10 FX to JPY outperformance and commodity FX weakness. USDJPY has traded to 110.27, which represents the lowest level since November 2014...
Analytical Review of the Stocks of McDonald`s Corp. McDonald`s Corp., #MCD [NYSE] Services, Restaurants, USA Financial performance of the company: Index – DJIA, S&P 500...
FX Outlook: JPY Targets 110.00, Stalls at the Initial Test, but Pressure Continues All eyes were on the JPY pairs today, led by USD sales down towards the March lows, breaking below here and 110.50 to put in a test on 110.00...
Daily Analysis of Major Pairs for April 5, 2016 EUR/USD: Once EUR/USD tested the resistance line at 1.1400, it became difficult for the price to go above that line. Bulls have been battering that defense line since last week...
EUROSTOXX50 : The Index is Reversing Downward Following the rise in the index from the lows of mid February at the level of 2700.0, the index EUROSTOXX50 managed to won back part of the losses sustained from the beginning of last December...
EUROSTOXX50: World Stock Indices are Declining With the opening of today’s trading day global stock indices have been declining...
Gold continued to be weighed down along with other major commodities on Monday despite persisting weakness in the US dollar and lowered expectations for further Fed rate hikes...
FXWIREPRO: GBP/USD Dips Below Lower Range, Bearish Bias Increases GBP/USD declined on Tuesday as Sterling was hurt by PMI monthly survey of purchasing managers in the service sector made slight improvement in the previous month, but still suggested economy has slowed in first quarter...
With Iran refusing to play ball on cuts to oil production, Saudi Arabia is tightening its regime of economic austerity. Annual tax revenues will go up by £70bn and previously free services such as health care will be privatised...
Why the Australian dollar should be considered overvalued and why the future of copper prices matter. Australia produces almost a million metric tons of copper annually, and contains the world’s sixth largest resource of economically viable copper reserves...
Oil prices keep some pressure on the commodity currencies and that’s one reason why the AUD got no lasting help from an unchanged RBA. The policy statement seemed pretty neutral but did reference the threat of further AUD appreciation. AUD/USD may have bounced as much as it can...
Risk sentiment will remain driven by Fed rate expectations and conditions in China. From that angle this week’s main focus will be on Wednesday’s release of the March FOMC meeting minutes and Caixin PMIs in China...
