Download MetaTrader 5

All Blogs

To add a new post, please log in or register
Consumers Energy's seven oldest coal plants are shutting down by April 15 after serving Michigan for more than 60 years. Collectively, the plants - affectionately nicknamed the "Classic Seven" - are capable of generating nearly 1,000 megawatts of electricity. Only one other utility in the U.S...
Analytics & Forecasts
  • 34
  • 1
Vasilii Apostolidi, 21 March 2016, 11:16
Lithuania Industrial Production Grows In February Lithuania's industrial production climbed notably in February from a year ago, figures from Statistics Lithuania showed Monday. Industrial production rose a working-day-adjusted 6.3 percent year-over-year in February...
Market News
  • 26
  • 2
Roberto Jacobs, 21 March 2016, 11:13
A modest turnaround in equities, and this may give USD/JPY the push higher it needs, having been suppressed in the low 111.00’s after last week’s breach of the figure level lower down. NY managed to test the 111...
Analytics & Forecasts
  • 15
  • 1
Vasilii Apostolidi, 21 March 2016, 11:12
GBP/USD Likely to Extend the Rebound to 1.4570 – UOB In view of the research team at UOB Group, the pair could see its upside extended towards 1.4570. Key Quotes “While the strong rally from the low of 1...
Analytics & Forecasts
  • 21
  • 2
Roberto Jacobs, 21 March 2016, 11:11
Oil sharply down on the highs seen Friday, with WTI shedding $2.5 from the $41.20 peak seen. This has seen USD/CAD turn higher again, and after extending the recent lows to 1.2919, we are now in the upper 1.3000’s and threatening a move through 1.3100 and onto the highs from Thursday...
Analytics & Forecasts
  • 21
  • 1
Vasilii Apostolidi, 21 March 2016, 11:10 #usd/cad
USD/CHF Potential Visit to 0.9799 – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair could attempt a bounce towards the 0.9800 handle. Key Quotes “USD/CHF last week sold off towards the 2015-2016 uptrend at .9635”...
Analytics & Forecasts
  • 25
  • 2
Roberto Jacobs, 21 March 2016, 11:09 #usdchf
EUR/USD Dips Below Confluence of Fibo Support The common currency is losing grounds amid flat action in the European equities, with EUR/USD pair now trading below the confluence of Fibo level - 1.1257 (61.8% of 1.1714-1.0517) + 1.1253 (100% Fibo of 1.0517-1.1060-1.0711). Offered at 1...
Analytics & Forecasts
  • 18
  • 2
Roberto Jacobs, 21 March 2016, 11:06
Analysis : Channel Down has broken through the resistance line at 18-Mar-16:00 2016 GMT. Possible bullish price movement forecast for the next 3 days towards 1.41. upporting Indicators : RSI below 40 Resistance Levels...
Charts
  • 26
Lahcene Ouled Moussa, 21 March 2016, 11:04
GBP/USD Weaker, Wobbles Around 1.4400 The sterling is losing the grip at the beginning of the week, now sending GBP/USD to the lower end of the range around the 1.4400 handle. GBP/USD gains capped around 1.4500 After reaching fresh highs above the 1...
Analytics & Forecasts
  • 18
  • 2
Roberto Jacobs, 21 March 2016, 11:04
ECB governing council member Francois Villeroy de Galhau assured markets today the bank is ready to act with right instruments to meet the inflation target, but maintained there is a limit to how low negative rates can go...
Analytics & Forecasts
  • 21
Batur Asmazoglu, 21 March 2016, 10:59
Cristian Maggio, Head of Emerging Markets Strategy at TDS, suggests that they have taken an extra day and several deep breaths to assess the longer-term implications of last Wednesday’s FOMC...
Analytics & Forecasts
  • 15
Batur Asmazoglu, 21 March 2016, 10:56
Canadian Dollar, Oil Remain Near Highs for the Year The Canadian dollar and oil prices slipped in trading Friday, but remained near a three-month high. The loonie, which rose above 77 cents Thursday, was down one third of a cent to 76.78 cents US in late afternoon...
Market News
  • 24
  • 2
Roberto Jacobs, 21 March 2016, 10:48
Kristoffer Lomholt, Analyst at Danske Bank, sees NOK appreciating further in the second half of the year...
Analytics & Forecasts
  • 18
  • 1
Batur Asmazoglu, 21 March 2016, 10:47
Kristoffer Lomholt, Analyst at Danske Bank, sees NOK appreciating further in the second half of the year...
Analytics & Forecasts
  • 20
  • 1
Vasilii Apostolidi, 21 March 2016, 10:46
Brent Oil Drops to 5-DMA and Recovers Brent prices fell to 5-DMA level of $40.53/barrel, before trimming losses to trade around $40.80 levels on reports china’s oil imports rose to a fresh high...
Market News
  • 28
  • 2
Roberto Jacobs, 21 March 2016, 10:36
More 2 way trade in the key USD rates this morning, as London markets are now in full swing. We saw GBP and the commodity currencies coming under attack first thing, but some moderation now in play with AUD/USD back above .7600 and Cable through 1.4400 again...
Analytics & Forecasts
  • 12
  • 1
Vasilii Apostolidi, 21 March 2016, 10:34 #forex
Hong Kong Inflation At 8-month High Hong Kong annual inflation unexpectedly accelerated in February for a third consecutive month to its highest level in eight months, figures from the Census and Statistics Department showed Monday. The consumer price index rose 3...
Market News
  • 33
  • 2
Roberto Jacobs, 21 March 2016, 10:31 #inflation
Taiwan Feb Export Orders Fall Less Than Forecast Taiwan's export orders decreased at a slower-than-expected pace in February, data from the Ministry of Economic Affairs showed Monday. Export orders dipped 7.4 percent year-over-year in February, below economists' expectations for a 10...
Market News
  • 28
  • 2
Roberto Jacobs, 21 March 2016, 10:29
Denmark Consumer Confidence Eases At 5-Month Low Denmark's consumer confidence weakened for a third straight month in March to its lowest level in five months, survey data from Statistics Denmark revealed Monday. The consumer confidence index fell to 3.6 from 4 in February...
Market News
  • 22
  • 2
Roberto Jacobs, 21 March 2016, 10:26
U.S. Dollar Rises Against Majors The U.S. dollar strengthened against the other major currencies in the early European session on Monday. The U.S. dollar rose to 4-day highs of 1.1253 against the euro and 1.4392 against the pound, from early lows of 1.1285 and 1.4467, respectively...
Currency
  • 31
  • 2
Roberto Jacobs, 21 March 2016, 10:24