Dear Traders, The U.S. dollar remained well bid against the euro and British pound Tuesday. Eurozone consumer prices failed to show any increase, hence the inflation rate remains far below the ECB's 2 percent target, a fact that should keep the euro under pressure...
Geo-political tensions increase It’s the yen that has really run away to the upside so far this week (and year), but at the other end of the scale, it’s mostly the commodity currencies that have struggled on the majors...
Luxury goods sector is collapsing under the blows of social justice Given what ails the European continent from the lack of equality of opportunity and the unemployment rate exceeds 10%, their governments take a decision to grant a basic salary for all citizens to enable them to repay all their m...
#Oil lost positions achieved earlier and fell to 11-year lows again amid oversupply and declining demand. Recall that on Monday and Tuesday #quotations were supported with the conflict in the Middle East. Find out more by checking out the Source Link...
Fed exhibits a tough path resulting in a sharp fall in global bond Foundation 2016 will see the end of the head of the US Federal Reserve Janet Jelen to raise interest rates in great shape through a series of harsh steps, which will result in the movement of heavy selling in all major bond market...
Silver breaks the limitations of gold to rise by 33% Confidence back to the silver during 2016, up to the value of this precious metal by one-third of its current value, spends ahead with other metals ranged place...
Olympics give a strong boost recovery emerging markets, led by Brazil You will see Brazil bounced back in terms of investor sentiment as a result of the growing stability, and investment spending on the Olympic Games, and the reforms modest in the country, as well as the increase in emerging mark...
Russian ruble rise by 20% by the end of 2016 With the end of 2016, the Russian ruble will rise by nearly 20% compared to the dollar-euro basket, as a result of rising demand for oil and the slow pace of the US Federal Reserve to raise interest rates...
EUR choppy but weaker in 2016: 2015 was the year when the Euro finally weakened, but not on a smooth path. Looking ahead, we remain bearish on EUR, but expect the path to remain choppy. We project the EUR/USD to weaken to 0.95 by end-2016...
06 January 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 09:30 Services PMI GBP High 55.9 55.6 Neutral 13:15 ADP Non-Farm Employment Change USD High 217K 193K Negative 13:30 Trade Balance USD High -43.9B -44...
Rising value of the euro relative to the dollar of 1.23 European continent is witnessing at the present time a large surplus in the current account, it is assumed decline in inflation, from an economic standpoint College, that enhances the strength of its currency does not weaken it...
Asian #stock #markets were mostly declining after the release of the weak data on Services #PMI in Australia and then China. #AUD is also under pressure after the weak statistics. Financial markets remain under stress due to the conflict in the Middle East...
Pre European Open, Daily Technical Analysis Wednesday, January 06, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: key resistance at 1.08. Pivot: 1...
A 300 pip target is perhaps a conservative objective, all things considered. However, the 82.10 handle is the 2015 low and is therefore sure to attract buyers if indeed we see a retest of the level in the coming sessions. What exactly has me thinking that such a move is likely, you ask...
Stay long positions on GBPJPY TARGET 178.00...
EURUSD TREND BULLISH. GAIN 100 PIPS MIN...
#Quotes of #EURUSD declined significantly, dramatically increasing our floating #profit on the current short position. This movement has led to a number of signals to add volume. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The upward movement in #Gold is developing, and therefore we continue to maintain a long position. In recent 24 hours we added volume to it in accordance with some signals. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, GBP/USD, AUD/USD, NZD/USD, and USD/CAD. EUR/USD: We prefer the short side, but would only get involved on the extremes. Fade a 50-60 pip move to either side, with a stop below 1.0730 and above 1.0920...
