USDCHF Daily Forecast: May 13 2016 USDCHF Forecast The USDCHF was indecisive yesterday. The bias is neutral in nearest term probably with a little bullish bias testing 0.9795 key resistance. Immediate support is seen around 0.9650 followed by 0.9570...
Analytics & Forecasts
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13 May 2016, 06:01 #usdchf
Bank of England Sidelined Waiting for Referendum - Danske Today the Bank of England, as expected kept rates and the asset purchase program unchanged. According to analysts from Danske Bank, the BoE will not do anything ahead of June 23 Brexit referendum...
Currency
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12 May 2016, 20:12 #Bank of England
GBP/USD: Volatility ahead but Range to Hold - Lloyds Bank Analysts from Lloyds Bank, point out that with major even risks approaching (FOMC and referendum) volatility in the GBP/USD pair is likely to remain high but they expect the 1.40 - 1.48 range to hold...
Analytics & Forecasts
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12 May 2016, 20:08
USD/CAD Makes U-turn, Takes Back Losses USD/CAD rebounded from daily lows as markets made a U-turn mid-American session, with the US dollar taking back most of the losses incurred on the back of disappointing data. USD/CAD turned higher after bottoming out at 1.2770 and climbed to the 1...
Analytics & Forecasts
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12 May 2016, 19:41
GBP: Nothing in the BoE Policy Package to Sustain a Rally - TDS Analysts from TDS, point out that markets had a limited response to today’s events from the Bank of England, that left the interest rate unchanged as expected...
Currency
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12 May 2016, 19:30
AUD/USD Bears Back in Control Below 20 4Hr SMA AUD/USD has been unable to continue in that minor recovery we witnessed over the last few sessions and was capped at the 0.74 handle. AUD/USD has switched from oil related correlation to track industrial metals selling off...
Analytics & Forecasts
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12 May 2016, 19:26
EUR/USD Resumes the Slide, Hits Fresh Daily Lows The US dollar is recovering ground, especially against European currencies, following a short-lived setback in the wake of disappointing US data...
Analytics & Forecasts
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12 May 2016, 19:23
EUR/USD: Hard to See a Range Breakout Next Week - MUFG According to analysts from The Bank of Tokyo-Mitsubishi UFJ, next week FOMC minutes poses some upside risk for the US dollar but the EUR/USD 1.12 - 1.16 range is likely to prevail...
Analytics & Forecasts
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12 May 2016, 19:21
GBP/USD Fails to Sustain Gains Above 1.4500 GBP/USD failed to sustain gains and retreated from highs above 1.4500 over the last hours as the greenback gathers pace versus most competitors. GBP/USD rallied to a peak of 1...
Analytics & Forecasts
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12 May 2016, 19:18
EUR/JPY Erases Gains, Back Below 124.00 EUR/JPY rose to 2-week highs during the European session and peaked at 124.63 but failed to hold and pulled back sharply, erasing all gains. Currently is trading at 123.75/90, around the same level it closed yesterday...
Analytics & Forecasts
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12 May 2016, 17:59