All Blogs
USD/JPY: Straddling the 111 Area - BBH Research Team at BBH, notes that the dollar, which was straddling the JPY110 area last week, is now straddling the JPY111 area...
FxWirePro: EUR/AUD Whipsaws on 7DMA and Shooting Star Signal Reversal - Covered Puts for Aggressive Bears and Futures Reversal signal is generated from series of bearish candles at whipsaws on 7DMA...
AUDUSD. With the pair rallying strongly on Tuesday, it faces further bullishness in the days ahead. On the downside, support resides at the 0.7200 level where a breach will aim at the 0.7150 level. Below that level will set the stage for a run at the 0...
ECB Preview: Time to Stay Put – Danske Bank Senior Analyst, Pernille Bomholdt Henneberg at Danske Bank, expects the ECB to maintain its patient stance at the meeting this week and not send any new signals about more easing...
Sterling: Weakest Performer Among the Major Currencies - BBH Research Team at BBH, notes that the Sterling is the weakest performer among the major currencies today. Key Quotes “Initially, it was bid to a three-day high near $1.4725 before reversing to a five-day low...
Oil Prices Set to Boost Canadian GDP for Q1 Forex News and Events US data is key US front-end yields continue to climbing causing the overall curve to flatten as markets price in a June rate hike. US 2yr yields have reached 2016 high at 0.93%, up nearly 7bps since Friday...
AUDUSD Rallies On Bullish Offensive AUDUSD - With the pair rallying strongly on Tuesday, it faces further bullishness in the days ahead. On the downside, support resides at the 0.7200 level where a breach will aim at the 0.7150 level. Below that level will set the stage for a run at the 0...
US Payrolls Preview: Keeping a Tick in the Box – ING Research Team at BBH, suggests that the Non-farm payrolls (NFP) is currently not critical to the FOMC’s thinking...
EUR/GBP: In Anticipation of the ECB's Decision On Interest Rates. Fundamental Analysis as of 31.05.2016 EUR/GBP pair has declined for the second consecutive month...
Bonds Slide As Deflation Slows in Eurozone, ECB Meeting Eyed The European bonds plunged on Tuesday after May consumer inflation data showed that euro-area deflation eased in May...
EUR/USD: Levels, Ranges, Targets Reason for the overnight 32 pip range from 1.1154 to 1.1122 is EUR bottoms rose 23 pips from the bottom point and 40 pips from the range point. Additionally, prices are locked together both down and the upside. Current bottom is found at 1...
Gold Attempting a Recovery to 100-DMA Ahead of US Data After dipping below $1200 level on Monday, Gold is attempting a recovery back towards 100-day SMA as traders seem to reduce their bearish bets ahead of the US economic releases...
USD/JPY Targets 111.90 – UOB The research team at UOB Group expects the pair to extend the upside towards the 111.90 region. Key Quotes “The target indicated at 111.30 was exceeded as USD surged to a high of 111.43...
Busy Week Ahead - Investec Research Team at Investec, suggests that with London out yesterday for the Spring bank holiday, and the US on holiday for Memorial Day, yesterday was a quiet start to what will be a busy week for financial markets...
CNH Weakness Especially Against JPY and USD - ANZ Irene Cheung, Research Analyst at ANZ, suggests that since March, CNH has depreciated notably against the JPY, as they expected. Key Quotes “We continue to expect a trend weakness in the CNH against the JPY...
CAD GDP: What to Expect of USD/CAD Canadian GDP figures are due later in the NA session, with prior surveys expecting the economy to have expanded at an annualized pace of 2.9% during the first quarter, a tad higher than the initial estimates by the BoC in the April’s MPR...
Dear Traders, Welcome back to a holiday-shortened trading week which is fully loaded with important risk events and economic data...
GBP/USD Forecast: Increasing Downward Potential The Pound surged up to 1.4724 at the beginning of the day, but plummeted to 1.4567, a fresh 5-day low with the London opening, a new telephone poll from ORB, shows that the "leave" vote surged up to the 46%, just 5% below the 51% of "remain" option...
USD/CHF Struggling Near 0.9900 Ahead of US Economic Data After rising to over 2-1/2 month high of 0.9956 on Monday, the USD/CHF pair has witnessed a steady decline and has now dropped back to 0.9900 handle ahead of some important US economic releases...