GBP/USD Forecast: Downward Risk Increase as the Referendum Looms The GBP/USD pair started the week gapping lower, erasing all of its Friday's gains and reaching a fresh three-week low of 1...
Analytics & Forecasts
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6 June 2016, 11:32
USD/JPY Recovers Further to Test 107.30 Amid Positive Equities The USD/JPY pair regained lost momentum and extended its recovery above 107 handle, now hovering in close proximity to session highs as the European stocks trade higher. USD/JPY heading towards 5-DMA at 107...
Analytics & Forecasts
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6 June 2016, 11:22
GBP/USD Scope to Test 1.4330 – UOB The door is still open for a test of the 1.4330 area in GBP/USD, according to the research team at UOB Group. Key Quotes “While GBP moved above the 1.4550 resistance last Friday, it was unable to hold on to its gains”...
Analytics & Forecasts
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6 June 2016, 11:20
AUD/USD Turns Flat, Consolidating Around 100-DMA The AUD/USD pair erased majority of early Asian session losses to 0.7315 level and turned flat as the greenback seems to add on to its Friday's sharp downfall...
Analytics & Forecasts
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6 June 2016, 11:14
RBA Seen ‘On Hold’ Tomorrow – TDS Strategists at TD Securities expect the RBA to keeps its monetary policy unchanged at its meeting tomorrow, at 1.75%. Key Quotes “We expect the RBA to hold at 1.75% after hawkish May Minutes and a string of decent data”...
Currency
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6 June 2016, 11:12 #RBA
GBP/USD Advances to Highs Near 1.4450 The sterling has left the area of session lows near 1.4350 and is now lifting GBP/USD aback above the 1.4400 handle. GBP/USD bounces off 1.4350 Spot has regained over a cent since earlier lows in the mid-1.4300s, managing to retake the 1...
Analytics & Forecasts
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6 June 2016, 11:10
EUR/USD Testing Highs Near 1.1360 on EMU Data The recovery in the EUR/USD pair stalled near 1.1365 region over the last hour, and the major now consolidates in a narrow range, finding support from upbeat Eurozone datasets. EUR/USD struggling to regain 1.1370 Currently, EUR/USD trades -0...
Analytics & Forecasts
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6 June 2016, 11:08
USD/CAD Reversing Early Gains, Dips Back Below 1.2950 After falling to 50-day SMA last Friday, the USD/CAD pair attempted a bounce back to 1.2983 before retracing back to currently trade below the mid-point of 1.2900-1.3000 handle. The pair on Friday nose-dived to 1...
Analytics & Forecasts
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6 June 2016, 10:46
Trading Anything UK-Related a Difficult Proposition Right Now - Dukascopy Bank Paul Rosenberg, Market Analyst at www.economiccalendar.com, on EUR/GBP The British Pound has fallen below the 1...
Analytics & Forecasts
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6 June 2016, 10:44
NZD/USD Off Session Low but Still Weak at 0.6930 The NZD/USD pair has managed to recover from an early dip to 0.6900 handle to currently trade near 0.6930 amid thin liquidity on the back of New-Zealand bank holiday in observance of the Queen’s Birthday...
Analytics & Forecasts
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6 June 2016, 10:37 #nzdusd