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GBP/USD Firmer, Regains 1.4400 and Above The sterling has reverted the earlier drop and is now pushing GBP/USD to daily tops beyond the 1.4400 mark...
ECB's Latest Stimulus Fails to Lift Euro Area Business Expectations According to the latest PMI data released by Markit on Friday, euro area manufacturing and services sector activity remained subdued in April...
CAD: Setting Up for Retail Sales and CPI – TDS Research Team at TDS, suggests that it appears as though the trend of Canada’s stronger economic data has finally sputtered out...
EUR/USD Falls Further…1.1230 on the Cards? The European currency is now accelerating its decline, dragging EUR/USD to test fresh weekly lows in the 1.1260 region...
USD/CHF Targets Higher Levels While Above 0.9584 – Commerzbank In view of Axel Rudolph, Senior Technical Analysis at Commerzbank, spot remains on track to test the 0.9787/0.9832 band while supported by 0.9584. Key Quotes “USD/CHF has risen above its previous April high at...
Pre US Open, Daily Technical Analysis Friday, April 22, 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 1.1310. Pivot: 1.1310 Most Likely Scenario: short positions below 1...
USD/CHF Edges Higher, 0.9780 on Sight The upside momentum in the greenback is helping USD/CHF to regain the 0.9780 area, or multi-day highs. USD/CHF well supported around 0.9500 It seems spot has regained the upside bias after bottoming out in the 0...
USD/JPY Breaks Key 110.00 Resistance - MUFG Derek Halpenny, European Head of GMR at MUFG, suggests that the belief was that USD/JPY might struggle for a period before being able to break above the psychologically important 110...
AUD/USD Challenges Trend-Channel Support Extending its reversal from yesterday's high of 0.7834, the AUD/USD pair momentarily dropped below 0.7730 support just to recovery back and trade close to 0.7750 level...
ECB Passes with Little Event - Investec Research Team at Investec, suggests that the ECB provided little surprise for financial markets yesterday, with the Governing Council holding all three policy rates, and QE monthly purchases, steady...
ECB Optimism Fails to Lift EUR - MUFG Derek Halpenny, European Head of GMR at MUFG, suggests that they were not surprised by the general tone of the ECB press conference...
Analytical Review of the Stocks of Intel Corporation Intel Corporation, #INTC [NASD] Technologies, Semi-conductors, USA Financial performance of the company: Index – DJIA, S&P 500...
Euro Zone Stuck in Slow Growth, Despite Assurance from Draghi Speaking at European Central Bank’s (ECB) monetary policy conference president Draghi assured several times the bank’s monetary policy is working and working through real economy...
Negative Rates Series: Can Central Banks Digest Their Own Negative Medicine? Central banks around the developed world, increasingly pushing the yield curve towards zero, either through asset purchase or through introduction of negative rates...
DXY Breaks Major Resistance at 94.70, Jump Till 95.35/95.80 Is Possible Major resistance - 94.70 (trend line joining 96.39 and 95.20) Major intraday support- 94.40 DXY has recovered after making a temporary bottom around 93.60. It is currently trading around 94.83...
Euro Area Flash PMI Dropped in April, Economy Continues to Expand at Moderate Pace Euro area’s Markit flash PMI fell slightly to 53 in April from March’s 53.1, suggesting that the economy continues to grow just moderately...
GBP/NZD Scales Higher, Reclaims 2.0800 Mark Adding on to its two day of sharp gains, the GBP/NZD pair continues to move higher, erasing all of its last week's loss and now seems all set to close at 3-week high...
GBP/USD Fades the Spike to 1.4370 The initial upside momentum in GBP/USD seems to have run out of steam near 1.4370, prompting the current correction to the 1.4350/45 band. GBP/USD weekly upside capped at 1...