NZ CPI: Adds to RBNZ Pause Next Week - TDS Research Team at TDS, notes that the NZ March qtr CPI rose by +0.2%/qtr and +0.4%/yr, on par with the RBNZ’s March Monetary Policy Statement (MPS) expectations...
Market News
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18 April 2016, 09:24
EUR/USD Dip is a Buying Opportunity - BNPP Research Team at BNP Paribas, are bullish on EUR/USD from current levels and have established a long trade recommendation at 1.1290, targeting a rise to 1.1600, with a stop-loss placed at 1.1140...
Analytics & Forecasts
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18 April 2016, 09:21
Technical Analysis of GBP/CHF for April 18, 2016 Wave summary: We continue to look for support at 1.6229 being able to protect the downside for a clear break above 1.6492 that will call for a continuation higher to 1.6830 and above. Only an unexpected break below 1...
Analytics & Forecasts
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18 April 2016, 09:16 #gbpchf, technical analysis
Oil Sell-Off Isn’t Helping Gold Oil sell-off and the resulting risk-off in the markets is not helping gold, which has surrendered gains to trade around $1233/Oz levels. Trades below 50-DMA Metal hovers below its 50-DMA level of $1234 levels after having clocked a high of $1240 in early Asia...
Analytics & Forecasts
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18 April 2016, 09:14
Doha Talks Add to AUD & CAD Downside Vulnerability - BNPP Research Team at BNP Paribas, suggests that the commodity strategists note that the Doha meeting produced the most bearish outcome for oil prices amongst the various scenarios the market was looking at: no deal, no future calendar and...
Analytics & Forecasts
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18 April 2016, 09:10
AUD/USD Sharply Lower After Doha, Around 0.7660 The Aussie dollar is following the rest of the risk associated assets at the beginning of the week, sending AUD/USD to the lower end of the range near 0.7660. AUD/USD finds support near 0...
Analytics & Forecasts
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18 April 2016, 09:08
EUR/NOK Seen Lower Medium Term – Danske Bank Analyst at Danske Bank Kristoffer Lomholt expects the cross to head lower towards the second half of the year...
Analytics & Forecasts
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18 April 2016, 08:39
ECB in Focus this Week After Failed Doha Talks – Danske Bank Research Team at Danske Bank, suggests that there are no major data releases today...
Market News
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18 April 2016, 08:37 #ECB
Gold Bid in Asia on Increased Safe-Haven Flows Gold extends gains for the second straight session this Monday as investors seek safety assets amid oil-driven sell-off across the financial markets. Gold: $ 1240 tested Currently, gold trades 0.17% at 1235.92, retreating from session highs of 1239...
Analytics & Forecasts
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18 April 2016, 08:33 #gold
EUR/JPY Focus Remains on 120.00 – Commerzbank Axel Rudolph, Senior Technical Analyst at Commerzbank, noted the cross still remains under pressure. Key Quotes “EUR/JPY remains under pressure and attention remains on the 120.00 region but do not have much to suggest a move beyond that currently”...
Analytics & Forecasts
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18 April 2016, 08:30