USDCHF Daily Forecast: May 06 2016 USDCHF Forecast The USDCHF had a bullish momentum yesterday topped at 0.9696. The bias is bullish in nearest term testing 0.9715 – 0.9765. Immediate support is seen around 0.9625...
Analytics & Forecasts
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6 May 2016, 04:46 #usdchf
USD/JPY: Yen in Demand Amid Risk-Off, 107 Tested The USD/JPY pair found support just ahead of 107 handle and now makes minor-recovery attempts as the JPY bulls jumped back on the bids amid poor risk sentiment across Asia. USD/JPY fails once again near 107.50 Having faced rejection just below 107...
Analytics & Forecasts
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6 May 2016, 04:42
Japan Re-Opens in the Red, Drags Asia Lower ahead of US NFP The Asian equities extend their losing streak into an eighth-day this Friday, headed for the biggest weekly loss since February, as weaker sentiment on the US stocks amid renewed oil price sell-off extended into the Asian trades...
Analytics & Forecasts
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6 May 2016, 04:38
AUD/USD Meets Fresh Supply on RBA SoMP, Attacks 0.7400 The AUD/USD pair snapped the previous rebound and resumed its recent downtrend, with the bears tightening their grip following the release of RBA’s Statement of Monetary Policy (SoMP). AUD/USD drops from 0...
Analytics & Forecasts
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6 May 2016, 04:35
AUD Hammered, RBA Hints at Further Rate Cuts The Australian Dollar has fallen sharp following the release of the RBA Quarterly Statement on Monetary Policy, in which the doors were left wide open for further rate cuts...
Analytics & Forecasts
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6 May 2016, 04:32
RBA's SoMP: Inflation Forecasts Slashed, Lowers Wages Outlook The RBA’s quarterly Statement on Monetary Policy (SoMP), issued quarterly, has been published, with the Central Bank lowering its inflation forecasts and wages outlook...
Analytics & Forecasts
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6 May 2016, 04:28
Action in Commodities: Energy Higher - ANZ Analysts at ANZ explained the action in the commodity sector. Key Quotes: "Energy was higher. Supply disruptions and closures helped push crude oil prices higher, despite the stronger USD...
Analytics & Forecasts
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6 May 2016, 04:23
USD/JPY: Awaits Risk Events - Nonfarm Payrolls USD/JPY is currently consolidated between a 10 pip range as Asia opens mixed following a subdued performance overnight on Wall Street as markets get set for the nonfarm payrolls showdown tonight in the U.S. shift...
Analytics & Forecasts
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6 May 2016, 04:21
Nonfarm Payrolls Preview - Westpac Analysts at Westpac explained that the consensus for US Apr non-farm payrolls is 200k, after 215k in Mar and 245k in Feb...
Analytics & Forecasts
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6 May 2016, 04:19
GBP/USD: Downside Limited, Target Above 1.4515 - FXStreet Valeria Bednarik, chief analyst at FXStreet explained that the GBP/USD pair fell down to 1.4438 this Thursday, but dips in the pair ever since the day started have sent the pair quickly back towards the 1...
Analytics & Forecasts
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6 May 2016, 04:12