All Blogs
Greek Prime Minister Alexis Tsipras promised to avoid a “catastrophic clash” with creditors and European governments, as stock and bond markets extended their declines to lows not seen since the peak of the country’s debt crisis...
The only preview you need of today's first FOMC statement for 2015, one which has already cornered Yellen as any additional USD strength from here on out will certainly be economy and S&P500 negative, and who as Deutsche summarizes is damned if she does, and damned if she doesn't, and that as...
The greenback was mostly backed vs major currencies on Wednesday, as market players awaited the outcome of today's Fed meeting, with the bank expected to stick to its pledge to be patient on tightening monetary policy...
The eFXnews Team shares SEB’s expectations on today’s FOMC statement, with SEB predicting that FOMC may retain its language that it can be ‘patient’, and that Fed might have a dovish tone in terms of short-term inflation forecasts...
Shaun Osborne, Chief FX Strategist at TD Securities, believes that unless USD/CAD makes a new high the chances of the pair seeing a sustained correction will rise. Key Quotes “We remain conviction CAD bears from a fundamental perspective—and not just against the USD...
GBP/USD edged higher in the mid-European session, breaking away from the consolidation channel seen in the previous session as markets brace for the upcoming Fed’s decision. The GBP/USD pair traded at 1.5204 levels, marginally higher by 0.08% on the day, close to fresh daily highs posted at 1...
This afternoon Yahoo! reported Q4 revenue was slightly light of expectations, and beat by a penny on the bottom line, Barron's reports. The report said the company would spin-off its interest in Alibaba Group Holding (BABA) as a separate public company...
According to a report released by the Chinese authorities, Alibaba Group Holding Ltd. is now in a “credibility crisis” due to a failure to crack down on shady merchants, counterfeit goods, bribery and misleading promotions using its online malls, Bloomberg reports...
The stabilization on the currency market will contribute to considerable strengthening of the ruble, Russian Deputy Finance Minister Alexei Moiseyev said...
Gregor Horvat of EW-Forecastuses Elliott Wave Analysis to predict that AUD/USD may move towards 0.7700/0.7850 levels, with the current rally being part of a correction...
Copper advanced on Wednesday, as market players awaited the outcome of the Federal Reserve's policy meeting later in the day for guidance on interest rates...
China's currency has been outrunning both the Canadian and Australian dollars since November, according to a SWIFT statement. Some experts say the yuan could eventually overtake the American dollar share in international markets...
S&P cuts Russia’s debt rating for the first time in six years. Geopolitical risks continue to weigh on the RUB as the situation in eastern Ukraine worsens...
Shares in European suppliers of Apple Inc leapt on Wednesday after the technology giant announced the largest profit in the history of the firm, spurred mainly by record sales of iPhones and strong demand in China...
There were many casualties in the run-up to the European Central Bank’s decision to introduce Quantitative Easing, and those casualties beget other casualties as well...
For today R4 - 1.1460 / R3 - 1.1432 / R2 - 1.1423 / R1 - 1.1384 SPOT 1.1339 S1 - 1.1295 / S2 - 1.1259 / S3 - 1.1224 / S4 - 1.1202 BUY AT 1.1302 FOR INITIAL 1.1460, STOP 1.1259...
EURCHF and USDCHF are having another run-around and so far have fallen back to 1.0228 and 0.9016 from 1.0320 and 0.9090 highs after their early session spikes from 1.0260 and 0...
Britain’s economic recovery slowed in the fourth quarter of 2014, however annual growth was the fastest since the financial crisis of 2007. A slowdown to 0.5% from 0.7% in third quarter was disappointing for City analysts, says The Guardian...
AUDUSD - With AUDUSD turning higher on Monday and following through higher on Tuesday, it now faces the risk of further upside in the days ahead. On the downside, support resides at the 0.7850 level where a breach will aim at the 0.7800 level...
