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Business activity in China's industrial sector remains below the level of 50 that is considered to be contraction. Another portion of weak statistics gives reason to expect new stimulus moves by the People's Bank of China. Find out more by checking out the Source Link...
Yen Drops Against Majors 01 Maret 2016 1:50 PM The yen weakened against the other major currencies in the late Asian session on Tuesday. The yen fell to 122.76 against the euro, 113.07 against the Swiss franc and 157.27 against the pound, from an early 3-year high of 122.07, a 1-week high of 112...
Fxwirepro: NZD/JPY Extends Range Trade, Weakness Only Below Trendline Support at 73.60 01 Maret 2016 1:18 PM NZD/JPY remains stuck in its multi-week range of 76.84-73.54 although recent signs point to a test of the downside ahead...
EUR/GBP Eases Towards 0.78 Ahead of UK, EMU Data 01 Maret 2016 6:28 AM The better tone around the sterling has prompted EUR/GBP to extend its correction lower to the 0.7800 neighbourhood on Tuesday...
EUR/USD Flat-Lined Around 1.0885, Awaits German Data 01 Maret 2016 6:12 AM The EUR/USD pair extends its consolidative phase into early Europe and keeps range below 1.09 handle, largely unperturbed by the prevalent risk-sentiment. EUR/USD capped below 100-DMA at 1...
Daily Forecast GOLD 1/3/2016 On the h1 chart, having the shark harmonic pattern formed a reversal is in sight. If thes ituation continues, we will have more drops coming in the market. Best of luck to all the members of MyForexOffice. Description Analyzer : http://myforexoffice...
GBP/USD Testing Highs Near 1.3940, UK PMI eyed 01 Maret 2016 5:27 AM The GBP bulls are tightening their grip on the GBP/USD pair as we progress towards the early European trades. GBP/USD holds above 5-DMA support at 1.3910 The GBP/USD pair trades 0.17% higher at 1...
Australian Dollar Recovers After RBA Rate Decision 01 Maret 2016 11:35 AM The Australian dollar recovered from early lows against the other major currencies in the Asian session on Tuesday, after the nation's central bank retained its record interest rate for the ninth straight meeting as widely...
Balance of Risks to US Economic Outlook 'Starting to Tilt Slightly to the Downside' – Fed’s Dudley 01 Maret 2016 4:38 AM Speaking at an event co-hosted by the New York Fed and People's Bank of China, in Hangzhou, China, NY Fed President Dudley noted that balance of risks to the US economy remains...
AUD: Final Australian Q4 2015 GDP Preview – ANZ 01 Maret 2016 4:35 AM Felicity Emmett, Head of Australian Economics at ANZ, suggests that after the release of key partial indicators, they expect Australian Q4 GDP to have risen a modest 0.5% q/q and 2.6% y/y...
NZD: Little prospect of an RBNZ Cut Next Week - BNZ 01 Maret 2016 4:31 AM Kymberly Martin, Senior Market Strategist at BNZ, sees little prospect of an RBNZ cut next week, though believe risks of a cut in the year ahead have risen...
Short EUR/USD: G10 Trade Idea of the Week - SocGen 01 Maret 2016 4:27 AM Research Team at Societe Generale, suggests going short on the EUR/USD for the week for the target of 1.04 by maintaining a stop loss of 1.1150 while the entry level being 1.0920...
Talking Points: AUDUSD Technical Strategy: Bearish Elliottwave Count: Correction possible completed on 7250 high and reversal is in progress Analysis: We were expected correction over last month when price touched 7200 area, and shorted this pair...
AUD/NZD Trims Losses, Regains 1.0800 post-RBA 01 Maret 2016 4:06 AM The bearish pressure around the AUD eased a bit following RBA’s rates on-hold stance, now pushing AUD/NZD back above 1.08 handle. AUD/NZD catches Fresh Bid Currently, the AUD/NZD pair trades 0.27% lower at 1...
AUD/JPY Recovers 80.00 Handle after RBA Decision 01 Maret 2016 4:05 AM AUD/JPY has seen a pop off lows in response to neutral outcome by the RBA in today's monetary policy decision, sending the exchange rate over 30 pips higher from 79.87 up towards 80...
RBA Leaves Rates on Hold at 2%, AUD Adjusting to Evolving Economic Outlook 01 Maret 2016 3:32 AM The RBA kept its cash rate on hold at 2% as expected, providing yet again another neutral view on rates, while noting that the exchange rate has been adjusting to the evolving economic outlook...
AUD/USD Rebounds Towards 100-DMA on RBA’s Status quo 01 Maret 2016 3:43 AM The AUD/USD pair found fresh bids near daily lows and swung back higher following the RBA’s rates on-hold monetary policy decision. AUD/USD re-takes 100-DMA at 0.7138 Currently, the AUD/USD pair trades 0.20% lower at 0...
Asian Stocks Trade Mixed, Nikkei Drops on Stronger Yen 01 Maret 2016 3:22 AM A choppy Asian session so far, with the indices finally settling in the green except for the Japanese stocks, which extend losses as the yen continues to strengthen...
Gold Extends Rally in Asia, $ 1250 Tested 01 Maret 2016 2:46 AM Gold futures on Comex rose sharply higher in the Asian trades this Tuesday, as a classic risk-off theme prevailed amid softer performance on the Asian stocks and poor Chinese PMIs...
