EUR/CHF on the Rise, 1.10 Closer The Swiss franc continues to depreciate vs. its European peer on Monday, now sending EUR/CHF to test daily highs near 1.0970. EUR/CHF eyes on ECB meeting The cross is navigating 2-week highs in the upper-1...
Australian Dollar Recovers Against Majors The Australian dollar trimmed its early losses against its major rivals in Europe on Monday. The aussie bounced off to 0.7430 against the greenback, 1.4743 against the euro, 84.39 against the yen and 0.9925 against the loonie, from its previous lows of 0...
Gold Holds 13-Month Highs Gold futures were flat Monday morning, holding strong recent gains ahead of what is expected to be a quiet week in most major markets...
Crude Oil Jumps Above $36 As Rally Gathers Momentum Crude oil futures continued to rise Monday morning after a deal to freeze output from a number of major producers...
Bullish Oil Bets Rise to New Record High Weekly futures and options data from InterContinental Exchange released today showed money managers increased their bullish bets on higher oil price to a new record...
EUR/USD Unable to Pick-up Pace EUR/USD made a tepid attempt to recover ground but failed to gather momentum and remained capped by the 1.0975 zone. EUR/USD retreated from Friday's peak and steadied around the 1.0950 level as investors continue to digest US employment data...
AUD/USD Regains 0.7400 and Above The buying interest seems to have now returned to the Aussie dollar, sending AUD/USD through the 0.7400 handle. AUD/USD supported near 0.7390 Spot is extending last week’s strong rebound from the 0...
EUR/JPY Off Lows, but on a Back Foot The EUR/JPY recovered from the daily low of 124.24 levels, but remains weak on the day around 124.47 (23.6% of 132.29-122.06). Weak stocks weigh European stocks are down almost 1% on the day and that is keeping the bid tone around the safe haven JPY intact...
Pivot Points Hourly Last Updated: Mar 7, 2:03 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.09358 1.09445 1.09482 1.09532 1.09569 1.09619 1.09706 USD/JPY 113.176 113.32 113.394 113.464 113.538 113.608 113.752 GBP/USD 1.41056 1.41243 1.41332 1.4143 1.41519 1.41617 1.41804 USD/CHF 0.99703 0...
Pivot Points HOURLY Last Updated: Mar 7, 1:14 pm +03:00 Symbol S3...
US Dollar Rebounds from 3-Week Low, Commodity FX Underperforms Talking Points: Commodity currencies underperform as US Dollar bounces in Asian trade S&P 500 futures hint at corrective risk-off mood to start the trading week Fed-speak may offer clues about tone of upcoming FOMC announcement...
Germany Factory Orders Fall For Second Month Germany's factory orders dropped for the second straight month in January, reflecting the weakness in domestic demand. Factory orders slid 0.1 percent month-on-month following a revised 0.2 percent drop in December, data from Destatis showed Monday...
EUR/USD Dips Below 50-DMA as US Dollar Finds Bids The US dollar is trimming Friday’s losses across the board, courtesy of which the EUR/USD pair has dipped below its 50-DMA located at 1.0975. Tests confluence of 10-DMA and 50% Fibo level The pair fell to 1...
Euro Steady Ahead Of German Factory Orders Destatis releases factory orders for January in the pre-European session on Monday at 2:00 am ET. Germany's factory orders are forecast to drop 0.4 percent on a monthly basis in January, following a 0.7 percent fall in December...
Eurozone: Low Inflation and Political Risks Take Centre Stage – Goldman Sachs Research Team at Goldman Sachs, suggests that the net effect of the recent market volatility on Europe’s growth outlook is likely to be relatively small in our assessment, with the boost to growth from lower oil prices...
Japan: Suspending Disbelief – Wells Fargo Research Team at Wells Fargo, notes that among the advanced economies of the world, Japan has the highest debt-to-GDP ratio at nearly 250 percent of GDP...
EUR/GBP Unchanged in the Low-0.7700s Calm waters in both the sterling and the shared currency are motivating EUR/GBP to keep the trade just above the key 0.7700 support on Monday. EUR/GBP well supported near 0.7700 The European cross has found pretty decent support around the 0...
FXWIREPRO: USD/JPY Rangebound, Sees Strong Support at 113.30 07 Maret 2016 1:18 PM USD/JPY has been trading a rising wedge pattern and finds strong support at 113.30 (wedge base). Appetite for risk seen lacking in the markets following China's announcement of lower GDP target range (6...
GBP/USD: Bulls Taking a Breather After 5-Day Rally The GBP/USD pair is trading in the sideways manner above 1.42 levels after rallying for five consecutive sessions...
