All Blogs
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...
RBA preview: What to expect in AUD/USD? 01 Maret 2016 2:45 AM AUD/USD has been under strong pressure ahead of the RBA monetary policy decision, with both domestic data and worse-than-expected Chinese PMI leasing to an early selling in Tokyo, which has taken the rate from 0...
EURUSD Daily Forecast: March 01 2016 01 Maret 2016 2:56 AM EURUSD Forecast The EURUSD attempted to push higher yesterday topped at 1.0962 but whipsawed to the downside and closed lower at 1.0872...
GBPUSD Daily Forecast: March 01 2016 01 Maret 2016 2:51 AM GBPUSD Forecast The GBPUSD was corrected higher yesterday topped at 1.3946. The bias is neutral in nearest term but as long as stays below 1...
USDJPY Daily Forecast: March 01 2016 01 Maret 2016 2:47 AM USDJPY Forecast The USDJPY failed to continue its bullish momentum yesterday bottomed at 112.65 and hit 112.15 earlier today. The bias is bearish in nearest term testing 111.65 area...
USDCHF Daily Forecast: March 01 2016 01 Maret 2016 2:33 AM USDCHF Forecast The USDCHF was indecisive yesterday. Price attempted to push higher, slipped above 1.0000 but closed lower back below 1.0000...
EURUSD: With EURUSD continuing to maintain its downside pressure, further weakness is envisage in the days ahead. Support lies at the 1.0950 level. Further down, support lies at the 1.0800 level where a violation will aim at the 1.0750 level. A break of here will aim at the 1.0700 level...
USD/JPY Slides in Tandem with Nikkei, 112 on sight 01 Maret 2016 2:21 AM The offered tone surrounding the USD/JPY pair continues to gather pace so far this session, as the yen remain in demand on the back of the extension of risk-off trades. USD/JPY recovery capped ahead of 112...
Chicken Little would have been in his element today. The sky may not be falling, but plenty else is, be it latest Eurozone inflation prints and bond yields, incoming US economic data or China’s Reserve Requirement Ratio...
BNP Paribas' quant model 'STEER' maintains a short AUD/USD and a long USD/CAD signals. "USD looks cheap versus the commodity bloc currencies STEER remains short AUDUSD, targeting a move to its short-term fair value of 0.6990, reflecting the recent underperformance of Australian equities...
Traders, already leaning bearishly towards the euro given recent European Central Bank commentary, became even more bearish Monday as deemed dovish flash EMU inflation data dragged eurozone yields lower...
The 4-hour chart of the USD/CHF once again shows a minor supply signal, which, taking into account weak background of the market, may mean that the bearish trend will continue...
The following are the latest technical setups for EUR/USD, USD/JPY, USD/CHF, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: Our bearish view was encouraged by Friday’s sell-off. We are looking for a move towards initial targets near 1...
Strong fundamentals still make the dollar one of the best bets for 2016, despite recent back-peddling by the Fed; as for the pound – Deutsche see mega-downside potential...
Currency investors should consider selling NZD/USD this week, advises Morgan Stanley in its weekly FX pick to clients. MS' rationale is as follows: "In the stronger USD environment, the NZD would end up weakening the most...
