USD/JPY and EUR/JPY Inched Higher Following the Delay of Sales Tax Hike Until October 2019 Market Movers The financial markets are closely scrutinising US economic releases to assess the strength of the US economy after being caught on the wrong foot with regard to the next Fed hike...
Analytics & Forecasts
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31 May 2016, 09:22
EUR/USD Drops to Lows Near 1.1120, EMU CPI Eyed The shared currency is losing the grip early in Europe today, sending EUR/USD to test daily lows in the 1.1130 area. EUR/USD attention to German, EMU data Spot is giving away part of yesterday’s gains, keeping the trade in the low-1...
Analytics & Forecasts
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31 May 2016, 09:18
GBP/USD Bullish, 1.5085 on the Cards? – Commerzbank Technicals are suggesting the probability of a visit to the 1.5080 area, suggested Karen Jones, Head of FICC Technical Analysis at Commerzbank. Key Quotes “GBP/USD is once again approaching 1...
Analytics & Forecasts
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31 May 2016, 09:16
FxWirePro: Aussie Gains Against Major Peers on Robust Housing, Private Sector Credit AUD/NZD is trading around 1.0760 marks. Pair made intraday high at 1.0764 and low at 1.0697 marks. Today Australia released building approval data with positive numbers at 3.0% m/m vs 2.9% m/m previous release...
Analytics & Forecasts
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31 May 2016, 06:21
FxWirePro: ASX200 Struggles to Close Above 5400, Good to Buy at Dips Major resistance - 5400 Major intraday Support - 5350 ASX200 has slightly retreated after making a high of 5411. It is currently trading at 5387. Short term trend is slightly bullish as long as support 5350 holds...
Analytics & Forecasts
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31 May 2016, 06:18
NZD/USD Tracks Aussie Higher Amid Improved Risk Sentiment The bid tone around the NZD/USD keeps growing bigger during the mid-Asian trades, mainly driven by improved risk conditions and renewed buying in its OZ neighbour AUD. NZD/USD heads towards 100-DMA at 0...
Analytics & Forecasts
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31 May 2016, 06:06 #nzdusd
USDCHF Daily Forecast: May 31 2016 USDCHF Forecast The USDCHF was indecisive yesterday. The bias is neutral in nearest term but overall price is still in a bullish phase targeting 1.0000 region. Immediate support is seen around 0.9885...
Analytics & Forecasts
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31 May 2016, 06:02 #usdchf
Intra-Day Market Moving News and Views (USD/JPY) 31 May 2016 01:23GMT USD/JPY - ...... Although the greenback rose to session high at 111.45 in early European morning, price retreated to 111.03 and continued to trade in a narrow range in holiday-thinned conditions as UK and US markets were closed...
Analytics & Forecasts
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31 May 2016, 05:57
China Stocks Drive Asia Higher, ASX Bucks the Trend The stocks on the Asian indices caught a renewed bid-wave and jumped higher, mainly driven by a sudden rise witnessed in the Chinese equities...
Market News
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31 May 2016, 05:49
S&P: Apartment Supply Boom a 'Growing Concern' for Australia In its latest review on Australia, the US rating agency, Standard and Poor’s (S&P) highlighted oversupply of apartments and settlement risks as the growing concerns within the economy...
Market News
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31 May 2016, 05:46