Guide to Today's Important Data and Events Lots of economic dockets scheduled for today and some with high risks associated. Upcoming – Japan – Bank of Japan (BOJ) Governor Kuroda is scheduled to speak at 3:30 GMT. Tertiary industry index will be released at 4:30 GMT...
Analytics & Forecasts
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13 May 2016, 06:37
Asian Markets in Red, Gold Finds Support Above $1262 All the major Asian indices are trading on a lower note on the last working day of the week. On the other side, Gold fails to fall below $1260 marks and trading above $1266 marks...
Analytics & Forecasts
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13 May 2016, 06:35
FxWirePro: ASX200 Struggles to Break Above 5380, Good to Sell on Rallies Major resistance - 5380 Major Support - 5300 ASX200 pares early gains made today and slightly declined till 5328 at the time of writing. It is currently trading at 5331...
Analytics & Forecasts
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13 May 2016, 06:32
FxWirePro: Nikkei225 Struggles to Close Above 16800, Good to Sell on Rallies Major resistance - 16985 (100 day EMA) Major support - 16425 (10 day EMA) Nikkei index has declined yesterday after making a high of 16805 at the time of writing.It is currently trading around 16459...
Analytics & Forecasts
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13 May 2016, 06:29
USD/JPY Soft and Loses the 109 Handle Before Key US Data USD/JPY has opened with some softness, losing the 109 handle and tha bas ethat it had made in late US early/Asia trade. The low so far has been 108.70 at time of writing. The pair was in a recovery from the lows of 108...
Analytics & Forecasts
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13 May 2016, 06:27
AUD/JPY Faces Double Whammy Amid Risk-Off AUD/JPY fell back in the red and now extends further south during mid-Asia, as risk-off induced yen strength adds to the poor sentiment seen around the AUD/USD and weighs down on the cross. AUD/JPY recovers from 79.30 levels The AUD/JPY pair now drops -0...
Analytics & Forecasts
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13 May 2016, 06:23
USD/JPY Drops Below 5-DMA as Nikkei Sinks Over 1% The deterioration of risk conditions in the Asian trades this session provided the much-needed respite to the JPY bulls, now pushing USD/JPY further below 109 handle...
Analytics & Forecasts
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13 May 2016, 06:20
Gold Flat-Lined Below $ 1270, Eyes Worst Week Since March The gold bulls are seen fighting hard to regain control this Friday, having booked more than 1% loss the day earlier after the US dollar climbed across the board on hawkish Fed speaks...
Analytics & Forecasts
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13 May 2016, 06:18 #gold
Asian Stocks Retreat Amid Risk-Aversion, US Data in Focus The Japanese indices remain the main laggard in the Asian session this Friday, leading the decline in its other Asian peers, while the Chinese stocks buck the downtrend and trade with moderate losses...
Market News
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13 May 2016, 06:15
AUD/USD Breaks 0.73 Handle, Vulnerable to Further Losses AUD/USD is trading on a very heavy note during 'risk off' Asia today, with the exchange rate breaking through the 0.73 round number, resulting in a cascade of stop loss orders being tripped, taking the rate down towards 0.7285...
Analytics & Forecasts
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13 May 2016, 06:13