Khurram Mustafa / Blog
Consumer Confidence Report will Out after 30 minutes take a look of position and history table...
USD/CAD traders could soon see a period of short-term weakness on an intraday basis, allowing for some severe overbought studies to unwind. The 50 SMA is above the 200 SMA on the hourly chart, at a distance superior to the daily ATR. This indicates an up-trending condition...
Kit Juckes, Research Analyst at Societe Generale, suggests that the tool of quantitative easing used by the ECB has failed to boost the bank lending the region and in turn resulted in the weakening of the Euro...
The Asian equities extend losses for the second day in a row on Wednesday, taking the negative lead from their American counterparts, as nervousness creeps into markets ahead of the much awaited Fed policy announcement due later today...
Westpac recommends to buy dips in NZD/USD to 0.6620 with a stop at 0.6550. Key Quotes "Look to buy dips in NZD/USD to 0.6620 with a stop at 0.6550. Our process remains constructive NZD, even as risk assets have traded poorly after China's easing last week...
According to economists from Wells Fargo Bank, today’s decline in October Consumer Confidence was due to a downshift in job growth combined with ongoing fiscal policy debates in Congress but noted that confidence continues to trend higher on average...
Here this is today's Economic News , Balance News are for Japan...
The Brazilian real is one of the EM currencies that have recently been under particular pressure. The large current account deficit has played a key role here,according to Lutz Karpowitz,analyst at Commerzbank...