EUR/USD Breaks Below 1.12, Session Lows The greenback is extending its rally today, now forcing EUR/USD to break below the critical support at 1.1200. EUR/USD focus on US releases Spot is printing fresh 7-week lows in sub-1...
Analytics & Forecasts
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19 May 2016, 14:35
RBA Considered Postponing Rate Cut – Westpac Research Team at Westpac, suggests that the RBA minutes earlier in the week were less dovish than expected...
Currency
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19 May 2016, 14:32 #RBA
US Dollar Index Trade Idea Major resistance- 95.20 (Apr 14th 2016) Major support – 94.10 (21 day MA) US Dollar index has surged overnight on the modestly hawkish FOMC minutes increased hopes of rate hike in June...
Analytics & Forecasts
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19 May 2016, 14:28
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, XAU/USD Analysis for May 19th, 2016 EURUSD, “Euro vs US Dollar” We think, today the price may reach a new low. Later, in our opinion, the market may form another consolidation to start a new correction...
Analytics & Forecasts
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19 May 2016, 14:23 #USDRUB, usdchf, xauusd
GBP/USD Bullish Again, Targets 1.4770 – UOB Following the sharp appreciation of GBP/USD, analysts at UOB Group have shifted their stance to bearish. Key Quotes “The unexpected clear and strong break above 1.4550 has shifted the 2-week neutral outlook to bullish again”...
Analytics & Forecasts
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19 May 2016, 13:55
Oil in Global Economy Series: What Fundamentals at Play in Oil Market Currently? North American benchmark WTI, has risen 85% or more from its February low and up around 28%, so far this year...
Crude Oil
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19 May 2016, 13:52
USD/CAD Knocks 1.3100 Handle, Now Eyeing to Test 1.3150 Building on to its recovery momentum above 1.3000 psychological mark, the USD/CAD pair tapped 1.3100 handle on Thursday for the first time since April 8...
Analytics & Forecasts
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19 May 2016, 13:46
JPY: Abe Expected to Unveil a Larger Liscal Program - BBH Research Team at BBH, notes that at the last G20 meeting, Japan may have been questioned about its unexpected rate cut at the end of January...
Currency
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19 May 2016, 13:44
USD Now Shifted the Focus to June – Westpac In opinion of Richard Franulovich, Strategist at Westpac, the greenback will take centre stage in the run up to the Fed meeting in June...
Currency
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19 May 2016, 13:41
Dollar Consolidates after Yesterday's Big Gains - BBH Research Team at BBH, notes that the FOMC minutes came in on the hawkish side and the statement that “most” Fed officials saw a June hike as “likely” if warranted by the economy did the trick...
Currency
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19 May 2016, 13:38