The outcome of the March Fed meeting is the main event on the day and should attract considerable attention. The USD-investors will be looking for more conclusive indications about the timing of the next rate hike as well as the likely ‘glide path’ from here...
We expect the March meeting to break as follows: i) The dot plot. DB’s econ team expects the median dots to come down by 25bps for all of 2016, 2017, 2018 and the longer-run...
The Canadian Dollar has recovered by almost 9.0% since bottoming in January, but has this purple patch reached an end? USD/CAD’s downside correction to 1.32 may be near its end according to J.P Morgan’s Daniel P Hui, who sees the pair recovering to 1.45 by the end of the second quarter...
There was a break of the short-term uptrend support line, which brought another point in favor of bears in #GPBUSD. Earlier they have already benefited from the situation, triggering a rebound from the top of the medium-term descending channel. Find out more by checking out the Source Link...
The Federal Reserve will present its decision on monetary policy, its statement, updated forecasts and Yellen's presser Both Dollar and general risk trends will be exposed to the outcome of this important event While the Fed is the biggest event, there is also: NZ GDP, Aussie employment, an SNB r...
According to the research team at UOB Group, the AUD dollar could struggle to gain further upside momentum. “While a retest of the 0.7445 overnight low will not be surprising, 0.7425 is expected to hold for recovery to 0.7495/00. Yesterday’s high near 0...
Dear Traders, There was no trend in the EUR/USD Tuesday as investors stayed on the sideline before the highly anticipated FOMC announcement. By contrast, the trend was clear in the British pound which fell towards 1.4120, which are more than 300 pips lower compared to its high late last week...
Recovery of #oil somewhat stalled, and it has traditionally influenced the dynamics of #USDCAD. #Quotes still remain within the short-term descending channel, but market participants will determine with further actions after the results of today's #FOMC meeting...
Heading into the FOMC’s March rate-decision, market participants are looking past this meeting as FFR futures are only pricing in around a 4% chance of a rate-hike with only 4 out of 97 analysts forecasting a rate-hike in March in the latest BBG poll...
Calculated level for today: Support (S1 / S2 / S3 = 1,4135 / 1,4095 / 32), resistance (R1 / R2 / R3 = 1,4261 / 1,4301 / 64). Key support levels (1st from 1.4316 to 1.4194 late in the day, the 2nd of 1.4344 to 1.4272...
Our 2016 FX outlook published in November called for this year to be the year of 'USD and JPY strength'...
Calculated levels today: Support (S1 / S2 / S3 = 1.1080 / 67/47), resistance (R1 / R2 / R3 = 1.1120 / 33/53). Key level (1st from 1.1116 to 1.1100 late in the day, the 2nd of 1.1147 to 1.1125...
Calculated levels today: Support (S1 / S2 / S3 = 0,9852 / 41/23), resistance (R1 / R2 / R3 = 0,9888 / 99 / .9917). Key support levels (1st from 0.9853 to 0.9868 late in the day, the 2nd of 0.9845 to 0.9848...
Розрахункові денні рівні: підтримки (S1/S2/S3=112,74/38/111.80), опору (R1/R2/R3=113,90/114,26/84). Ключові рівні опору (1-й від 113,30 до 113,14 в кінці дня, 2-й від 113,73 до 113,38...
Several factors suggest CAD risks are still skewed to the downside. First, the sharp reversal in CAD/USD makes the currency prone to some payback, in our view, and markets are still short on net...
Technical analysis of USD/CAD for March 16, 2016 General overview for 16/03/2016: The projected target for the wave B at the 1.3383 level has been hit as expected. Nevertheless, the market might extend the corrective cycle even higher towards the level of 1.3446...
The Fed is likely to tactically delay normalization at the March FOMC meeting, with three 2016 hikes in the updated dot plot. --The FOMC should continue evaluating global risks, whereas a more "balanced" assessment would lift front-end rates...
CPI: We expect the headline CPI to have fallen 0.2% m/m on account of sharply lower seasonally adjusted prices for retail gasoline. We look for core CPI to be up a modest 0.1% m/m, as we expect the January strength in core goods to reverse in this month’s release...
