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USDCHF Daily Forecast: April 27 2016 USDCHF Forecast The USDCHF attempted to push lower yesterday slipped below 0.9715 but still unable to stay consistently below that area so far. This fact keeps the bullish outlook remain intact testing 0...
Analytics & Forecasts
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Roberto Jacobs, 27 April 2016, 05:43 #usdchf
We remain of the view that the BoJ will indeed announce additional measures this week and that should keep the JPY a sell on rallies, for instance against the USD or SEK...
Analytics & Forecasts
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Vasilii Apostolidi, 26 April 2016, 23:39
Janet Yellen may pay homage to other more hawkish Fed members when formulating the Fed's statement tomorrow, but when it comes to hike or not in the summer it will pay attention to global developments too...
Analytics & Forecasts
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Vasilii Apostolidi, 26 April 2016, 23:37 #FOMC
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: A move below 1.1210 would confirm our bearish view towards targets near the 1.1145 range lows and then the 1...
The FOMC meets this week. No action is expected. The question facing market participants is whether the FOMC will use its April statement to set the stage for action in June. While we do not expect the Fed to signal imminent action (e.g...
Analytics & Forecasts
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Vasilii Apostolidi, 26 April 2016, 22:49 #FOMC
Rates markets appear to be increasingly wary of a possible hawkish shift at Wednesday’s Fed announcement and are building in risk premium ahead of the event. Notably, though, the USD is losing ground vs. the funding currencies, as rising Fed expectation also begin to take a toll on risk sentiment...
Analytics & Forecasts
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Vasilii Apostolidi, 26 April 2016, 22:47
The USD has been on the back-foot so far this year, largely reflecting the Fed’s fearful stance which is currently helping reflate global markets...
Analytics & Forecasts
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Vasilii Apostolidi, 26 April 2016, 22:46 #EUR/USD
Viraj Patel, Foreign Exchange Strategist on why the New Zealand dollar’s strength is unlikely to trigger a response from the RBNZ this week...
Analytics & Forecasts
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Vasilii Apostolidi, 26 April 2016, 20:00
The British pound is showing concrete signs that it is ready to put its recent period of decline against the New Zealand dollar behind it. The move higher is being driven not by New Zealand dollar weakness but a broad-based pound sterling recovery...
Analytics & Forecasts
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Vasilii Apostolidi, 26 April 2016, 19:58
The UK’s pound sterling continues with its impressive recovery against the euro and dollar with the pair offering the best rate of exchange since early February. GBP is on a tear higher again as markets continue to quickly unwind their Brexit-inspired negativity towards the currency...
Analytics & Forecasts
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Vasilii Apostolidi, 26 April 2016, 19:56
The GBP has been among the best performing G10 FX currencies since the start of the week. We stressed previously that the currency has room to appreciate towards the higher end of this year’s range, mainly on the back of position squaring. Copy signals, Trade and Earn $ on Forex4you - https://www...
Analytics & Forecasts
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Vasilii Apostolidi, 26 April 2016, 19:00
The dollar could recovery over coming months as overly-pessimistic markets are forced into accepting up to two Federal Reserve interest rate rises in 2016 it is argued. Dollar weakness has been arguably the single most important feature in global FX over the course of 2016...
Analytics & Forecasts
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Vasilii Apostolidi, 26 April 2016, 18:58
After what has been a stand-out performance by the Aussie dollar so far in 2016 we hear that it could be time for the currency to start turning lower...
Analytics & Forecasts
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Vasilii Apostolidi, 26 April 2016, 18:55
USD/CAD Drops Toward 2016 Lows USD/CAD dropped further during the American session, approaching 2016 lows. The pair extended the decline below 1.2630 and bottomed at 1.2605, hitting the lowest level in six days...
Analytics & Forecasts
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Roberto Jacobs, 26 April 2016, 18:27
Central Banks Trifecta: Policy Decisions by the Fed, RBNZ and BoJ - ANZ Research Team at ANZ, notes that the Thursday sees the central bank trifecta, with policy decisions by the FOMC, RBNZ and BoJ...
Analytics & Forecasts
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Roberto Jacobs, 26 April 2016, 17:55
US: Recession Risks Elevated at 26% - Wells Fargo Analysts from Wells Fargo, explained that with a volatile and challenging first quarter almost in the books, the probability of a recession over the next six months is about 26% based on their model...
Analytics & Forecasts
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Roberto Jacobs, 26 April 2016, 17:46
Analytical Review of the Stocks of Microsoft Corporation Microsoft Corporation, #MSFT [NASD] Technologies, Software & Services, USA Financial performance of the company: Index – DJIA, S&P 500; Beta – 0.93...
Analytics & Forecasts
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Roberto Jacobs, 26 April 2016, 17:43
FxWirePro: Gold Rises After US Core Durables Data, Outlook Remains Bullish Gold (XAU/USD) rose on Tuesday, as weaker than expected US core durables data weakened the dollar further ahead of Federal Reserve policy meeting...
Analytics & Forecasts
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Roberto Jacobs, 26 April 2016, 17:36
GBP/USD Retreats from Highs, Back Below 1.4600 GBP/USD is moving away from recent highs as the dollar recovers some ground across the board and also weighed by a Brexit poll showing most Britons will vote to leave the European Union. GBP/USD reached a 2 ½-month peak of 1...
Analytics & Forecasts
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Roberto Jacobs, 26 April 2016, 17:34
USD/CHF Retreats Further but Finds Support at 0.9700 The Swiss franc is rising for the second day a row against the US dollar as it continues to recover, Last week USD/CHF rose and climbed to 0.9797, hitting the strongest level in a month...
Analytics & Forecasts
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Roberto Jacobs, 26 April 2016, 17:32 #usdchf