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Credit Agricole on potential moves in USD and GBP The greenback's short-term outlook will be driven by global risk sentiment rather than monetary policy expectations. This is especially true as the USD was in demand for most of the last few weeks on the back of rising safe haven demand...
Market News
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Sherif Hasan, 22 June 2016, 19:01
Below is usdjpy H1 chart. Ichimoku kinko hyo, heiken ashi and fibonacci retracement are showed in chart. Chikou span is touching historical candle. And now candle is moving over senkou span A. Next resistance level is located at fibonacci 38.2% retracement...
Analytics & Forecasts
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Chang Suk Chung, 22 June 2016, 18:34 #Fibonacci, Ichimoku
USDCAD Daily Chart - June 22, 2016 In the above daily chart, we expect USDCAD to test 1.33 - 1.35 price area in order to complete the intermediate corrective red (B) wave. Immediately after the end of red wave (A), USDCAD rallied from 1.25 to 1.32 with 3 inner waves, completing blue wave (a...
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AynGannRand, 22 June 2016, 17:26 #Fed, technical analysis
Later in today’s New York session we will see the release of Canadian Retail Sales data for the month of April, as well as comments from Fed Chair Yellen who will be testifying before the House Financial Services Committee, and the weekly release of Crude Oil Inventories...
Market News
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Sherif Hasan, 22 June 2016, 16:05
EU's head of Greek mission Costello speaking in Athens 22 June 2016 IMF mission chief Velculescu also on the rostrum: Greek fiscal targets too ambitious NPL reforms not ambitious enough Greece needs substantial debt relief...
Market News
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Sherif Hasan, 22 June 2016, 16:00
Switzerland ZEW survey expectations now published 22 June 2016 current conditions 6.2 vs 0.0 prev The Zentrum fur Europaische Wirtschaftsforschung (ZEW) Economic Expectations Index rates the relative six-month economic outlook for Switzerland...
Market News
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Sherif Hasan, 22 June 2016, 15:59 #usdchf
Russian president speaking in lower house of parliament 22 June 2016 Russia must boost its combat readiness at a time when NATO is expanding and moving its infrastructure towards Russia's borders "NATO is strengthening its aggressive rhetoric and its aggressive actions near our borders...
Market News
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Sherif Hasan, 22 June 2016, 15:58
With the Brexit referendum result looming which currencies may move the most against the pound? 22 June 2016. There's been lots of justifiable/considered talk recently, as well as hype, about the impact of the result impacting on the pound in serious fashion...
Market News
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Sherif Hasan, 22 June 2016, 15:57
The UK Post Office is reporting a surge to sell the pound 22 June post office branch and online currency sales up 49% yy on Tuesday and up 381% online +74% yy since last week-end It's cash and therefore not so significant volume-wise but it's also a sentiment indicator toward Leave, or at least e...
Market News
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Sherif Hasan, 22 June 2016, 15:55
Fedspeak, existing home sales and Eurozone consumer confidence on the schedule Canadian consumers have shrugged of the commodity bust so far and that's expected to be the case once again in April with retail sales expected to rise 0.8% (+0.7% ex-autos...
Market News
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Sherif Hasan, 22 June 2016, 15:53
April 2016 Canadian retail sales report 22 June 2016 Prior -1.0%. Revised to -0.8% Ex-autos 1.3% vs 0.6% exp m/m. Prior -0.3%. Revised to -0.1% Sales excluding autos helps the CAD gain from 1.2775 to 1.2744. Higher gasoline prices did most of the lifting. Headline sales were up 4...
Market News
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Sherif Hasan, 22 June 2016, 15:52
To go with all the other daily Brexit warnings from Europe ;-) France's Hollande The future of Europe is at stake in UK referendum Regardless, Europe needs new steps after vote UK risks losing access to the common market if it leaves...
Market News
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Sherif Hasan, 22 June 2016, 15:50
IMF urges Fed to let inflation overshoot The forecast for growth this year was cut to 2.2% from 2.4%. The 2017 forecast was left unchanged at 2.5%. The latest Fed forecasts are for 2.0% in 2016 and 2017...
Market News
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Sherif Hasan, 22 June 2016, 15:49
In our last update regarding USDJPY: Easy & Difficult – Update! we stated that USDJPY needed to hold above 106.7 in order for the bullish scenario to be considered...
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AynGannRand, 22 June 2016, 13:53 #Fed, technical analysis
Daily economic digest from Stay informed of the key economic events Wednesday, June 22nd GBP/USD remains nervous last days awaiting outcome of UK referendum despite the latest polls results showing favor in “Remain” camp...
Analytics & Forecasts
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EEAnalytics, 22 June 2016, 12:27
The Daily Mail has endorsed a 'Leave' vote in the Brexit referendum I'd post a link but whenever I have the Daily Mail open on my browser I spend far too long clicking on the column on right of screen - way too many bikinis there. OK, time for a quick glance... here's the front page...
Market News
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Sherif Hasan, 22 June 2016, 07:10
Migration data from New Zealand gets a bit of attention as it is cited in impacts on the price of houses, which in turn apparently has impacts on RBNZ monetary policy c'mon Statz NZ .... your data page isn't loading ... yay, here it is...
Market News
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Sherif Hasan, 22 June 2016, 07:07
The Brexit vote hasn't started yet but already the excuses for losing are being made. Apparently it was all rigged...
Market News
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Sherif Hasan, 22 June 2016, 07:06
This is from 'What UK Thinks', its their 'Poll of Polls' The average of the six most recent polls Fieldwork conducted between 14 and 20 June 2016 Based on two (online) polls by YouGov, two (phone) polls by Survation, one (online) poll by Opinium, and one (phone) poll by ORB The most recent additi...
Market News
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Sherif Hasan, 22 June 2016, 07:04
Janet Yellen appeared in the US Congress Tuesday (or as I like to call it, 'overnight') Reuters have a bit of a recap up on what they say was "a generally civil 2-1/2-hour hearing" It's a bit of a disgrace when we have to mention that it was generally civil...
Market News
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Sherif Hasan, 22 June 2016, 07:00