Eddie Tofpik of ADM Investor Services, shares the technical levels for EUR/USD, further viewing that might make further attempts lower. Key Quotes “Last month when I wrote my Longer Term View using as a minimum Weekly Charts I drew metaphorical line at saying anything lower that than the 1...
FXStreet (Barcelona) - The Research Team at Goldman Sachs explain that BoE has more room than other G10 central banks to look through the temporary fall in headline inflation, and with inflation expectations remaining well anchored UK might see more rate hikes than what is currently priced into t...
The New Zealand Dollar is falling against its American counterpart and after falling 50 pips from 0.7410 in the last hour, the NZD/USD broke below the MA-200 hours of 0.7385 to trade at daily lows of 0.7355. Currently, NZD/USD is trading at 0.7371, down 0...
Valeria Bednarik, Chief Analyst at FXStreet, shares the technical outlook for EUR/USD, and notes that with no relevant fundamental data today, the pair awaits the outcome of today’s eurogroup meeting...
Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, shares that the core risk for GBP remains tomorrow’s BOE’s QIR report, with the pair expected to move higher as the market remains prepared for a downgrade to inflation outlook...
As Greece has stepped onto a hard line with the European creditors, the country claims it has other friends, namely, Russia, China and the United States...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and AUD/USD. EUR/USD: The market should be very news-driven today with the focus on the emergency Eurogroup meeting on Greece. Stay flexible and trade according to the meeting outcome...
ORIGINAL: www.in-trading.eu -> http://www.in-trading.eu/2015/02/11/trendwende-oder-doch-nur-korrektur-eurjpy/ Euro verliert deutlich an Wert auch gegen den Japanischen Yen, allerdings in der größeren Zeitspanne...
On Wednesday PwC issued a report detailing the difficulties facing the UK's oil and gas industry. The company argues that because of the recent drop in oil prices many British oil and gas firms will need to transform the way they operate...
The EUR continues to trade relatively stable, notwithstanding the continued uncertainty pertaining to Greece where this sort of stability owes in part to resurgent strength in equity market inflows, notes BNP Paribas...
As Greece's debt crisis is flourishing, the future of the euro zone is blurred and Ukranian conflict is escalating, analysts are worried that the global economy is now approaching another deep crisis. In a crisis, you parked your cash in the Swiss franc, or in U.S. Treasury bonds, or in gold...
Gregor Horvat of EW-Forecast, uses Elliott Wave Analysis to predict that AUD/USD could make a move higher before resuming a move lower. Key Quotes “We are wondering if maybe commodity currencies have turned into a larger correction against the USD...
EUR/USD Technical Strategy: Flat Support: 1.1318, 1.1185, 1.0970 Resistance:1.1533, 1.1659, 1.1832 The Euro is stalling after rising against the US Dollar as expected having produced a bullish Morning Star candlestick pattern. Near-term support is at 1.1318, the 14...
AUD/USD bears eye 0.7960 – 0.8040 range for shorts ahead of Employment report The primary view for the AUD/USD remains on tract as the larger degree correction thought to be in wave ((X)) (correcting the cycle from 0.8297 high) with upside favoring a move in the direction of the 0.7961 – 0...
Lee Hardman, Currency Analyst at Bank of Tokyo-Mitsubishi UFJ, notes that the recent comments from Fed member’s has reinforced the expectations for a mid-year rate hike by the Fed...
"The Eurogroup isn’t just in the limelight today – they pretty much have the stage to themselves in the absence of major news elsewhere. The vast sums being paid for the rights to broadcast Premiership football have certainly eclipsed all other financial news so far this morning...
Analysts at Deutsche Bank see a positive outcome in the debt Greek situation will have to wait for the time being...
According to Westpac, RBA might cut rates by 25bp in its March meeting, with the inflation outlook posing no barrier for any easing. Key Quotes “The RBA confirmed the end of the “ period of stability in interest rates” in Feb with a 25bp cash rate cut, to 2.25...
The eFXnews Team shares Barclays' view that Friday’s speech of RBA Governor Stevens' speech is likely to be dovish, raising the prospects of a further rate cut by the central bank...
“USD/JPY has broken higher from its converging range and despite strong overhead resistance we will simply go with this break”, notes Commerzbank Analyst, Karen Jones in her report...
