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The KBC Bank Research Desk, comments that the FOMC statement signals that the Fed is optimistic on growth but uncertain about inflation, and further adds that markets are expecting a rate hike by the Fed in January 2016, with risks tilted towards a November/December lift-off too...
On Thursday the yellow metal extended losses from the previous session, as market players reassessed their expectations for the timing of the first U.S. rate hike after the Federal Reserve was optimistic about the economy...
Richard Franulovich of Westpac, maintains a bullish view on USD over the medium-term, suggesting that USD index is a buy into 93.5...
On Wednesday the company announced an email and electronic calendar service called WorkMail that is aimed at grabbing a slice of the corporate-email market largely controlled by Microsoft Corp. and to a lesser extent Google Inc, says the Wall Street Journal...
Find the Daily Trend Using this strategy - we are going to find entries with the trend when price breaks from a key point of support or resistance. Since we will be selling in a downtrend and buying in an uptrend, the first task of this strategy is to find the trend...
With the FOMC meeting already in the rear-view mirror, EUR/USD is managing to keep the trade well above the 1.1200 handle so far, looking to regain ground lost. Karen Jones, Head of FICC Technical Analysis at Commerzbank, suggested the pair “is more negative intraday and suggesting that 1...
Germany’s largest bank, Deutsche Bank AG, registered a surprise fourth-quarter net profit as provisions for fines and legal settlements declined...
The Varengold Bank Research Team sees the probability of the GBP/USD trend to turn bullish towards 1.5484 on a break above 1.5265 levels...
Jason Sen of DayTradeIdeas, shares the key technical levels for EUR/USD, expecting the pair to retest the support at 1.1275/70. Key Quotes “EURUSD failure to beat first resistance at 1.1320/15 sees a retest of support at 1.1275/70. A break lower today targets support at 1.1235/30...
Karen Jones, Head of Technical Analysis at Commerzbank, gives the technical outlook for EUR/CHF and USD/CHF, expecting both the pairs to move higher. Key Quotes “USD/CHF continues to grind slowly higher and the market looks well placed to tackle .0.9128 (61.8% retracement of the sell off...
Jason Sen of DayTradeIdeas, views that USD/JPY has a good chance to move higher and the break the 5-day range, a break higher might target 119.30/35 levels. Key Quotes “USDJPY holding below 117.75/70 targets support at 117.35/25. On a break lower this week look for good support at 117.00/96...
Don Thompson, who will soon leave the company, had two and a half years as chief executive after having worked at McDonald's for a quarter of a century. Late on Wednesday, the company said that Thompson will retire March 1...
On Thursday the Japanese currency traded lower and the Australian dollar gained in early Asia in mixed moves after the Federal Reserve said overnight the U.S...
EUR/USD remains subdued in the early European morning, continuing its bearish trend as the correction from the beginning of the week seems to have ended after USD regained strength post FOMC. EUR/USD supported at 5-DMA The EUR/USD now recovers from session lows and trades now at 1...
GBP/USD trades modestly flat in the late-ASIAN session, continuing its side-trend as markets continue to mull over FOMC largely anticipated decision and Bank of England (BOE) Governor Carney comments. Continues consolidation below 1.5200 The GBP/USD pair traded unchanged at 1...
Signe Roed-Frederiksen, Senior Analyst at Danske Bank, reviews the FOMC’s statement, and comments that the likelihood of a later hike than June 2015 has increased...
Gold prices on Comex extended losses in the Asian session and traded lower as traders continued to weigh the FOMC’s patient approach towards policy normalization in the US. Currently, gold trades lower by -0.40% at 1282.10 levels, pulling away from intraday lows of 1278...
The TradeTheNews Team shares that RBNZ’s decision to drop its tightening bias and introduce the possibility of a rate cut sent NZD/USD plunge towards 0.7310, lowest since 2011...
FXStreet Editor and Analyst, Dhwani Mehta, retains her bearish outlook for XAU/USD, expecting USD bulls to lead the pair to test its daily lows. Key Quotes “Gold prices in terms of US dollar (XAU/USD) gave away previous gains and ended lower on Wednesday at 1284...
Richard Yetsenga of ANZ, argues that with the recent central bank surprises and the emerging ‘shortage’ of bonds globally, the return of US cash as an asset class might be seen for the first time in a decade. Key Quotes “Certainly, a US cash comeback is not a new idea...
