USD/JPY Supported by 105.86/23 – Commerzbank Senior Technical Analyst at Commerzbank Axel Rudolph sees the pair well supported in the 105.86/23 area. Key Quotes “USD/JPY drops towards the 106.63 38.2% Fibonacci retracement of the move up from 2012 and the 200 month and week moving averages at 105...
Analytics & Forecasts
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2 May 2016, 14:07
USD/JPY Inches Back Above 106.50 Level After a minor dip back to session low, the USD/JPY pair resumed with its recovery from multi-month lows to currently trade near 106.60...
Analytics & Forecasts
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2 May 2016, 14:00
EUR/USD Upside Capped? – Danske Bank In opinion of Jakob Christensen, Chief Analyst at Danske Bank, the pair’s upside appear limited in the near term...
Analytics & Forecasts
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2 May 2016, 13:57
GBP/USD Keeps Highs Around 1.4640 The sterling keeps its buoyant tone on Monday, taking GBP/USD to daily highs in the 1.4635/40 band for the time being...
Analytics & Forecasts
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2 May 2016, 13:55
FxWirePro: EUR/AUD Extends Upside Into Daily Cloud, Focus on RBA Rate Decision EUR/AUD extends upside into daily cloud after breaking strong trendline resistance at 1.4835 on last Wednesday's trade...
Analytics & Forecasts
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2 May 2016, 13:31
GBP/JPY Attempting a Recovery, Moves Above 156.00 Mark The GBP/JPY pair managed to extend its minor recovery and is currently trading at the high point of the day, back above 156.00 level. Last week, the pair got slammed from 162.57 to nearly 155.00 mark in just two day on BoJ disappointment...
Analytics & Forecasts
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2 May 2016, 13:27
EUR Fundamentals Remain a Mixed Bag - TDS Research Team at TDS, suggests that the ECB hopes it delivered its last bout of easing in March, and will be content to sit on the sidelines for an extended period of time (rising oil prices will help...
Currency
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2 May 2016, 13:24
USD/CAD Remains Capped Below 1.2560, US Data Eyed The USD/CAD pair extends its side-trend into Europe, oscillating in 30-pips slim range amid subdued trading seen in the oil prices, as attention now turns towards the US data lined up for release later today...
Analytics & Forecasts
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2 May 2016, 13:19
USDCAD: Dip Towards 1.19/20 a Nontrivial Risk in the Interim - TDS Research Team at TDS, suggests that tracking for Q1 real GDP growth continues to run ahead of the Bank of Canada's 2.8% forecast (TDS: 2.9%) which will help offset the implicit drag on activity from a stronger CAD...
Analytics & Forecasts
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2 May 2016, 13:16
NZD: Inflation is All-but Dead - TDS Research Team at TDS, notes that the NZ’s inflation is all-but dead (Q1 +0.4%/yr) while no-one is yet talking about the relevance of the RBNZ's 'calculated' core measure (Q1 unchanged at +1.6%/yr...
Analytics & Forecasts
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2 May 2016, 13:10