GBP/JPY Reverses a Dip to 161.60, Back Above 162 The cross in the GBP/JPY traded volatile this Tuesday, swinging both sides in extreme ranges, before finally stabilizing in the red above 162 handle. GBP/JPY on a see-saw ride Currently, GBP/JPY trades -0.31% to 162...
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31 May 2016, 11:05
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD Analysis for May 31st, 2016 EURUSD, "Euro vs US Dollar" Being under pressure, Eurodollar is falling. We think, today the price may reach 1.1085 and then form another ascending structure with the target at 1.1263...
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31 May 2016, 11:01 #USDRUB, usdchf, gold
GBP/USD Turns Volatile, Drops to 1.4568 and Returns to 1.4600 Handle The GBP/SUD pair erased all of the latest 'Brexit' poll result gains to 1.4724 and dropped sharply below 1.4600 handle to 1.4568 and is currently trading off session low at 1.4600...
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31 May 2016, 10:54
USD/CAD Off-Highs, Around 1.3060 Ahead of Canadian GDP The US dollar keeps the upper edge against its Canadian counterpart for the third straight session, now pushing USD/CAD back towards 1.3050 level. USD/CAD trades below 10-DMA at 1.3068 Currently, the USD/CAD pair jumps +0.11% to 1...
Analytics & Forecasts
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31 May 2016, 10:47
Japanese Stocks Closed Purely Green European shares posted major gains European stocks rallied on Friday in vigorous volumes, extending their new-year gains amid expectations of a pick of a rate hike from the US Federal Reserve at either its June or July meeting...
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31 May 2016, 10:45
Euro Breaks Through Trend Line Yesterday's Trading: On Monday the euro/dollar spent the evening in a sideways after reaching 1.1144. This was due to low activity due to it being a day off in the US...
Analytics & Forecasts
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31 May 2016, 10:42
USD: Currency Index & Volatility Relative Currency Strength The British pound retained the leading position for the second week in a row. Nevertheless, the gap between the pound and its peers has narrowed, and GBP Index showed only a 1.38% gain...
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31 May 2016, 10:39
Daily Forex Fundamental Overview Fundamental Analysis EUR "We have shown in the past that we can be very creative within our mandate. When people ask: "Are you ready for a new shock?", I always answer: trust us, we always find the means within the scope of our mandate". - Peter Praet, ECB...
Analytics & Forecasts
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31 May 2016, 10:35
Oil Stuck Below $50.00 Ahead of This Week's OPEC Meeting WTI crude oil futures remained stuck below $50.00 psychological mark, within a narrow trading band, as investors look ahead to this week's major event, OPEC biannual meeting on June 2. At the time of writing, oil was trading down by 0...
Analytics & Forecasts
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31 May 2016, 10:31
USD/JPY Corrects Lower to Sub-111.00 Levels The greenback is now receding further vs. the Japanese currency, sending USD/JPY to test the area below the 111.00 handle. USD/JPY looks to US docket The pair’s upside momentum has once again failed ahead of the 111...
Analytics & Forecasts
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31 May 2016, 10:29