Asian Markets Trading on a Mix Note After FOMC, RBNZ and BoJ Policy Statements, Gold Finds Support Above $1242 All the major Asian indices are trading on a mix note on Thursday as most awaited FOMC, RBNZ and BOJ statements released with no surprise...
Analytics & Forecasts
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28 April 2016, 08:11 #FOMC
FxWirePro: EUR/JPY Pares Losses from Weekly Lows at 123.16, Bias Lower EUR/JPY halted more than 300-pips free-fall to near 123 handle after BoJ disappointment bolstered JPY bulls. The pair recovered slightly from a dip to fresh weekly lows at 123.16 and is attempting to retake the 124 handle...
Analytics & Forecasts
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28 April 2016, 08:07
Guide to Today's Important Data and Events Lots of economic dockets scheduled for today and only few with high risks associated. Data released so far – Australia – Import price index declined -3% in first quarter while export prices have -4.7...
Analytics & Forecasts
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28 April 2016, 08:03
FxWirePro: USD/SGD Hovers Around Key Support at 1.3488, a Break Below Targets 1.3420 USD/SGD is currently trading around 1.3490 marks. It made intraday high at 1.3507 and low at 1.3459 levels. Intraday bias remains bearish till the time pair holds initial resistance at 1.3561 levels...
Analytics & Forecasts
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28 April 2016, 08:00
EUR/GBP Capped Below 0.7800, Awaits German CPI The cross in the EUR/GBP eases slightly from highs just shy of 0.78 handle, although remains better bid amid modest gains seen in the EUR/USD pair. EUR/GBP: German CPI in focus Currently, the EUR/GBP pair trades 0.06% higher at 0...
Analytics & Forecasts
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28 April 2016, 07:57
USD/JPY Sees Fresh Selling as Europe Gets Underway A renewed bout of selling interest gripped the USD/JPY pair in early Europe, as markets now await BOJ Kuroda’s press conference for fresh insights on today’s policy decision...
Analytics & Forecasts
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28 April 2016, 07:55
AUD After Weak Q1 CPI Inflation - Nomura Charles St-Arnaud, Research Analyst at Nomura, notes that the Australian CPI inflation came in weaker than expected, showing moderating inflation, especially domestically...
Analytics & Forecasts
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28 April 2016, 07:52
EUR/USD Advances to 1.1340 Amid BOJ-Led USD Sell-Off EUR/USD remains better bid on 1.13 handle as we progress towards the early European trades, with markets still digesting the Fed and BOJ policy decisions. EUR/USD finds fresh bids just shy of 1.1300 Currently, EUR/USD trades +0.13% higher at 1...
Analytics & Forecasts
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28 April 2016, 07:49
RBNZ Keeps Rates Unchanged - Nomura Charles St-Arnaud, Research Analyst at Nomura, suggests that the continued weakness in the inflation outlook forced the RBNZ to leave the door open for a cut in June. Key Quotes “The RBNZ kept its policy rate unchanged at 2...
Analytics & Forecasts
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28 April 2016, 07:46
FxWirePro: JPY Strengthens Across the Board As BoJ Stands Pat, Sell AUD/JPY Rallies, Target 81.75 The Japanese Yen spiked across the board as Bank of Japan disappointed by markets big time by keeping its monetary policy unchanged...
Analytics & Forecasts
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28 April 2016, 06:39