All Blogs
Draghi Delivers, but Now What? Research Team at BBH, notes that the Draghi delivered as he managed to get approval for everything. Key Quotes “Rate cuts, acceleration of purchases, including corporate bonds to the purchase program and new long-term repos were announced...
A spelling mistake in an online bank transfer instruction helped prevent a nearly $1 billion heist last month involving the Bangladesh central bank and the New York Fed, banking officials said...
AUD/USD: Bulls Struggling to Take-out 0.7500 Amid Higher commodities The overnight recovery in the AUD/USD pair gained further traction over the last hour, as improved risk sentiment on rebounding oil prices underpins the Aussie. AUD/USD re-attempts 0.7500 Currently, the AUD/USD pair rallies 0...
In a near replay of the tumble, then rally, seen in December, the euro Thursday moved first sharply lower and then sharply higher in response to European Central Bank policy actions. On Dec. 3, the euro rallied 4.3%, from a $1.0524 trough to a $1...
NZD/USD Extends Gains Alongside Oil, Tests 0.6700 The NZD/USD pair extends its upbeat momentum into a second day this Friday, with the bird positively impacted by more stimulus unveiled by the RBNZ and ECB the day earlier. NZD/USD hovers around hourly 50-SMA Currently, the NZD/USD pair advances 0...
Asian Stocks Drops as Draghi Fails to Lift Sentiment The sentiment on the Asian markets remained largely subdued so far this session, with most Asian indices swinging lower as Draghi’s no further rate cut stance overshadows the ECB stimulus-led optimism...
USD/JPY Recovery Remains Capped below Hourly 200-SMA The bulls appear to have given up in the Asian trades this Friday, after having several attempts to break above the stiff resistance placed just shy of hourly 200-SMA at 113.40...
EURUSD Daily Forecast: March 11 2016 EURUSD Forecast The EURUSD attempted to push lower yesterday bottomed at 1.0821 but whipsawed to the upside topped at 1.1218 in a high volatile market during ECB press conference...
GBPUSD Daily Forecast: March 11 2016 GBPUSD Forecast The GBPUSD attempted to push lower yesterday, slipped below 1.4130 but whipsawed to the upside topped at 1.4317. The bias is bullish in nearest term testing 1.4400 before targeting 1.4500. Immediate support is seen around 1.4240...
USDJPY Daily Forecast: March 11 2016 USDJPY Forecast The USDJPY was indecisive yesterday. Price attempted to push higher, topped at 114.44 but whipsawed to the downside and closed lower at 113.13. The bias is bearish in nearest term testing 112.50/25 region...
USDCHF Daily Forecast: March 11 2016 USDCHF Forecast The USDCHF attempted to push higher yesterday topped at 1.0092 but whipsawed to the downside and closed lower at 0.9849 in a high volatile market during ECB press conference...
GOLD: Having closed higher and seen following through during early trading today, GOLD faces further sees bullish momentum. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level...
AUD/CHF Deeper Sell-Off to Offer Favorable Entries Talking Points AUD/CHF posts outside-day reversal off December high Immediate focus lower- broader bullish invalidation 7060 Updated targets & invalidation levels...
Pivot Points-Daily Last Updated: Mar 11, 2:15 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.02783 1.06748 1.09254 1.10713 1.13219 1.14678 1.18643 USD/JPY 109.698 111.541 112.333 113.384 114.176 115.227 117.07 GBP/USD 1.38348 1.40356 1.41553 1.42364 1.43561 1.44372 1.4638 USD/CHF 0.93501 0...
The euro has had a volatile day on Thursday after the merry gentlemen of Frankfurt got their printing presses out. Now where to, for EUR/GBP...
The main event today is of course the ECB meeting. I wrote an extensive piece (available in the Special Reports section of the FXPRIMUS website) that I presented as a webinar (also available on the web...
What did the GBPUSD do during the Main Event in the EURUSD tent? The Main Event was over in the EURUSD circus tent and surely the performance there was amazing. But, what about in the other circus tents? What is happening with the GBPUSD...
