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USDJPY Daily Forecast: March 24 2016 USDJPY Forecast The USDJPY was indecisive yesterday but overall still able to maintain its bullish intraday bias so far. The bias remains bullish in nearest term testing 113.00 – 113.50. Immediate support is seen around 112.15...
Every three months, the U.S. Federal Reserve publishes a chart -- known as the "dot plot" -- showing where various officials think the central bank's interest-rate target should be over the next few years. And every three months, investors and the media consistently misinterpret it...
Tom Hayes, a former star trader serving an 11-year jail sentence for manipulating Libor interest rates, was on Wednesday ordered to pay 878,806 pounds ($1.25 million) by a judge or face further time in prison...
The UK referendum is three months away. Three-month options are a common benchmark for various market segments; from speculators, to fund managers to corporations. Events over the past week have raised the risks that the UK votes to leave the EU...
The decidedly hawkish tone embraced by Federal Reserve officials so far this week is forcing investors to rethink the likelihood of an interest rate hike at the central bank’s April meeting...
Price Of Gold Pulls Back Sharply Amid Dollar Strength After ending the previous session moderately higher, the price of gold showed a substantial move back to the downside during trading on Wednesday. Gold for April delivery tumbled $24.60 to $1,224 an ounce after ending Tuesday's trading up $4...
GBP/USD Coming a Cropper this Week on Brexit Fears GBP/USD has taken a beating, falling this week from 1.4395 meeting a low of 1.4095 so far with strong momentum...
EUR/USD Falls for the Fourth Day in a Row EUR/USD printed a fresh daily low during the American session at 1.1159, hitting the lowest level since last Wednesday, when the Federal Reserve announced its decision on monetary policy...
AUD/JPY: Downside Held Up by USD/JPY AUD/JPY has lost out to market's risk aversion and has penetrated the 85 handle to the downside now, testing levels below 84.80 support. AUD/JPY plummeted along with the Aussie from the 0.76 handle to deep levels on the 0.75 handle (0...
USD/JPY: Bulls Hunting Down 114.50/155.00 - Scotiabank Analysts at Scotiabank explained the technical conditions surrounding USD/JPY. Key Quotes: "The MACD has turned bullish and the RSI appears set to make a near term break above 50. The 9 day MA (112...
Brexit Biggestthreat to Sterling - Rabobank Analysts at Rabobank explained that according to BoE Governor Carney Brexit is the biggest domestic risk to financial stability. Key Quotes: "That said, opinion polls suggest that the vote could still go either way...
Dollar Adding To Recent Strength The dollar is gaining ground against its major rivals Wednesday afternoon, continuing a trend that began at the end of the previous trading week...
Analytical Review of the Stocks of Facebook Inc. Facebook Inc., #FB [NASD] Technologies, Internet service providers, USA Financial performance of the company: Index – S&P 500...
NZD/USD: Pressure on the Pair is Increasing Following minor rise in the pair NZD/USD at the beginning of the Asian session caused by the report of the dairy company Fontera, the NZD continued to decline against the USD. Support level is at 0...
NZD/USD: NZD is Under Pressure On Wednesday the largest dairy company of New Zealand “Fonterra” reported the rise in net profit, which was 409 million NZD in the past 6 months compared to 184 million NZD for the previous period. However, this news did not boost the rise in the NZD...
Brent: The Price is at the Resistance Level of 41.50 Since the beginning of the trading week the price of crude oil Brent has been in the narrow channel at resistance level of 41.50 (ЕМА144 on the daily chart). Trading volume is low...
Once he starts, he doesn't stop • All FOMC's are live • All FOMC's should have press conferences • Thinks Fed will overshoot on inflation • Doesn't have a problem with overshooting...
Before bottoming on Feb. 11, it looked like stocks could be heading into a bear market. The subsequent rebound, though, suggests the bull is back on. In fact, the truth may be neither...
The USDOLLAR Index has rallied everyday this week, but if it wants to rally further, it's going to need to clear out a recent swing level just overhead. Continue Reading...
Oil prices picked up after Genscape reported on the first draw in Cushing stocks since January. Gold, copper prices faded amid poor liquidity Continue Reading...
