News / Blog
Oil prices stay on the flat line on Tuesday while USD is slightly down. But it is expected that OPEC will not change production targets during a meeting scheduled on Friday this week. So, traders focus on concerns about global oversupply. By this moment, Brent is around $44.59; WTI is $41.73...
The worst year for the euro can be even sadder: International Monetary Fund has included the Chinese yuan in the basket of reserve currencies. Now euro zone currency’s weighting in the IMF’s SDR basket will drop to 30.93 percent from 37.4 percent, the organization said yesterday...
Oil price falls from 54.00 to a little above 43.50 since the beginning of October this year, and it has a negative impact on economy and the currency. Further easing not priced and the CAD may weaken if Bank of Canada will take more dovish tone...
Goldman Sachs analysts considered that there will not be any big movement for the market in 2016, and they started the forecast from S&P 500 index predicted the weak market with a little growth. The price will be stuck to be around 2,100 level for the ranging market condition...
Dovish tone from the Bank of England (BOE) is moving GBP to be down keeping selling pressure. Brexit debate could also support more bearish, and inflation rising is not enough to support for GBP...
There are two major meetings are coming in December: the Federal Reserve meeting and the European Central Bank meetings which will strongly affected on the direction of the currency movement...
AUD has proven to be stable one during the last 3 months because of constructive outlook from the Reserve Bank of Australia and expected easing. Chinese data respond to fiscal/monetary policy so we should expect AUD to continue outperformance against NZD, USD and CAD...
Morgan Stanley estimated for EUR to be in more bearish condition because of some expectation related to some main high impatected news events which will be happened in this week: 2015-12-03 12:45 GMT | [EUR - Minimum Bid Rate] 2015-12-03 13:30 GMT | [EUR - ECB News Conference] 2015-12-03 15:30 GM...
Investors are expecting for more aggressive ECB easing during the European Central Bank metting, and the ECB will introduce two-tier system for deposit rate for expectations for the larger deposit rate cut than 10 basis points...