FxWirePro: USD/CAD Runs Out of Steam But Maintains Bullish Outlook USD/CAD pair begun the week declining towards lower levels from Fridays close as oil prices rose towards 49$ per barrel and investors remained cautious on speculation of US rate hike this summer...
Analytics & Forecasts
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30 May 2016, 20:04
EUR/USD Hovers Near 11-Week Low in Holiday-Thinned Trade EUR/USD managed to bounce from fresh 11-week lows struck during the Asian session, but the advance was limited, with thin trading conditions due to US Memorial Day holiday confining the pair to a range over the last hours...
Analytics & Forecasts
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30 May 2016, 20:00
USD, EUR, JPY, GBP, CAD, AUD, NZD: Weekly Outlook - Morgan Stanley USD: Fed Supports USD. Bullish. The Fed minutes have supported our bullish USD view, and we see scope for further gains...
Analytics & Forecasts
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30 May 2016, 19:46
U.S. Weekly: Income, Spending, and Jobs Consumption Expected to Rebound in April Alongside Ongoing Income Gains It’s a busy week on the economic calendar as we come out of a long holiday weekend and head into the final month of the second quarter...
Market News
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30 May 2016, 19:39
Gold Threatens $1,200 Level Amid Fed Rate Hike Bets Gold futures fell on Monday, moving inversely to the US dollar, which continues to benefit from last Friday’s comments from Fed Chair Yellen, who said a rate hike could happen “in the coming months”...
Analytics & Forecasts
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30 May 2016, 19:37 #gold
Daily FX Wrap - 30/05/2016 In the absence of London and NY, FX markets were predictably quiet. Asia saw some follow through in response to comments from Fed chair Yellen on Friday that a rate hike was likely ‘appropriate’ in coming months. EUR/USD lows were stretched to a few ticks below 1...
Analytics & Forecasts
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30 May 2016, 18:40
Weekly Overview on Majors' Price Action EURUSD - Back to the Main Trend Line The price of EURUSD has reached a new high for the uptrend at 1.1616. After this level was hit, the price dropped 500 pips all the way to the main trend line. It found a local support at 1.1100...
Analytics & Forecasts
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30 May 2016, 18:35
'There is a Very Good Possibility of a USD Sell-Off in June' - Nenad Kerkez, Admiral Markets Nenad Kerkez is an analyst and trader who has been in the market since 2008 and works closely with Admiral Markets as their Head Lecturer and Market Analyst...
Analytics & Forecasts
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30 May 2016, 18:21
EUR/JPY: Rally Losses Strength Near 124.00 EUR/JPY is having the best day in two weeks, as it consolidates gains around 123.70. The pair lost strength near the 124.00 handle and pulled back modestly. EUR/JPY ahead of relevant resistance levels It opened the week around 122...
Analytics & Forecasts
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30 May 2016, 18:16
AUD/USD Consolidates Below 0.7200 AUD/USD has spent the last hours consolidating within a narrow range just below the 0.7200 level due to thin trading conditions, with US markets closed due to Memorial Day celebrations. AUD/USD fell to a 6-day low of 0...
Analytics & Forecasts
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30 May 2016, 18:11