EUR/GBP: Strong Upward Impetus Yesterday’s news triggered the decline in the USD in the market. Following the information released by US EIA at 16:30 (GMT+2) which showed that US oil reserves last week fell by 4.937 million barrels against the rise of 2...
Analytics & Forecasts
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7 April 2016, 14:29
Fed Hike Probabilities Review After FOMC Minutes After last night’s FOMC minutes, which showed many policymakers were issuing warnings on appreciable global developments, which pose economic risks to United States...
Analytics & Forecasts
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7 April 2016, 14:26
USD/CAD: Breaking Above a Descending Trend – SocGen Research Team at Societe Generale, notes that after reintegrating within a multiyear upward channel USD/CAD achieved key level of 1.2850, graphical levels consisting of last March highs and October lows...
Analytics & Forecasts
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7 April 2016, 14:21
US: Chaos in Cleveland? – Westpac Sean Callow, Research Analyst at Westpac, suggests that the markets also need to contend with summer political event risk from the US presidential campaign...
Analytics & Forecasts
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7 April 2016, 14:18
ECB Minutes: Considered Sharper Rate Cut in March European Central Bank (ECB) March policy account/minutes released today showed governing council considered a much sharper rate cut in March, but feared reaching a zero lower bound...
Market News
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7 April 2016, 14:16
Should the Fed Care about Britain? – Westpac Sean Callow, Research Analyst at Westpac, suggests that this week JP Morgan Chase CEO Jamie Dimon predicted that increased volatility is here to stay...
Market News
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7 April 2016, 14:14
Oil Struggles to Hold on to Gains in Volatile Trade Oil prices at both the sides of the Atlantic advanced, but struggle to keep the momentum going as investors consider the possibility of a failure of joint OPEC and non-OPEC output freeze...
Crude Oil
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7 April 2016, 14:12
GBP to Remain Better Offered - FXStreet Ross Burland, Analyst at FXStreet, suggests that as we approach the 23rd June, the pound will undoubtedly remain better offered...
Currency
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7 April 2016, 14:10
USD/JPY Looking to Regain 108.50 The upside momentum around the Japanese currency now seems to be taking a breather, with USD/JPY hovering over the mid-108.00s. USD/JPY supported at 108.00… for now The pair has accelerated its downside to levels last seen in October 2014 around the 108...
Analytics & Forecasts
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7 April 2016, 14:08
Gold Analysis for April 07, 2016 Since our previous analysis, gold has been moving upwards. As i expected, the price tested the level of $1,239.39 in a high volume. I found strong upward pressure today and my advice is to watch for buying opportunities...
Analytics & Forecasts
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7 April 2016, 13:43 #gold