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EUR/USD Drops to Test 1.1300 The euro dropped further against the US dollar and fell to 1.1300 hitting a new daily low. So far EUR/USD has been able to remain above 1.1300 but continues to hold a bearish intraday tone...
USD/CHF Reverses and Climbs Toward 0.9700, at 4-Week Highs The Swiss franc dropped sharply across the board during the American session and boosted the USD/CHF pair that rose from 6-day lows to 3-week highs. Yesterday the pair declined to 0.9584 and then rose modestly...
NZD/USD: are Bulls Dropping their Commitments? NZD/USD has been lacking in vigour, in comparison to recent performances through the 0.70 handle. However, that was a short-lived conquest and failures to maintain the top spot and close above 0.7000 have opened-up a chain of supply from 0...
Analytical Review of the Stocks of Johnson & Johnson Johnson & Johnson, #JNJ [NYSE] Health care, Production of drugs, USA Financial performance of the company: Index – DJIA, S&P 500...
EUR/USD Retail FX Cling to Net-Short Positions Ahead of ECB Meeting EUR/USD EUR/USD may largely consolidate going into the European Central Bank (ECB) interest rate decision as market participants gauge the outlook for monetary policy; despite speculation for more easing, the single-currency may...
USD/CHF: Swiss Index of Economic Expectations has Grown Swiss index of economic expectations has grown to 11.5 in April against 2.5 in March. However, this news has had only short-term effect on the market...
Yen Continues to Correlate with Stocks - Scotiabank Analysts at Scotiabank noted the continued correlation between stocks and the Yen. Key Quotes: The Nikkei gained strongly yesterday and managed to buck the trend of mixed to weaker global stocks with a modest gain overnight...
Status of 9/11 Bill and the Saudi Threat - BBH Analysts at Brown Brothers Harriman noted that there continues to be much discussion among investors of New York Times report last weekend in which a Saudi official threatened to sell $750 bln of US Treasuries and assets if a bill that would allow fa...
AUD/USD: Reaching New 10-Month Highs AUD/USD was lifted on a better risk sentiment in the European session and a positive close in the Nikkei that finished up 0.19%. Oil has been the catalyst along with flows through the yen. With oil prices tailing off overnight, the Yen picked up the bid...
USD/CAD Tumbles to Fresh 9-Month Lows USD/CAD broke below 1.2630 and tumbled to 1.2591, hitting the lowest level since July 6, 2015. A sharp increase in crude oil prices helped the loonie break higher across the board...
FxWirePro: Euro Rates Strategy ahead ECB's Meeting Euro’s strength – considerably EUR/USD has appreciated by almost 1.13% since last Thursday. In view of general USD weakness and in view of general risk-on sentiment on the FX market that is not a move that would require any EUR positive reasons...
EUR/GBP Drops to 3-Week Lows EUR/GBP broke a 24-hour trading range with resistance at 0.7915 and support at 0.7885 and dropped to 0.7867, hitting the lowest level since the beginning of the month. The pair remains near the lows, weakened by a stronger pound in the market...
FxWirePro: EUR/USD Runs Out of Steam But Maintains Bullish Outlook The EUR/USD declined at the beginning of the US session as the pair found short selling interest around 1.1390 levels. The pair further came under pressure after data showed US home sales rebounded more than expected in March...
Phil Orlando, chief equity strategist at Federated, expects another market dip prior to the end of the first half of this year. He thinks a dip will range between 5% and 8% at some point over the next two months...
WTI Flirts with $42.00 Post-EIA, Still in Red The barrel of West Texas Intermediate has seen its pullback trimmed today, currently testing the $42.00 neighbourhood following the EIA’s report...
Yesterday's trade signal is playing really well after EURUSD failed to close above 61.8% retracement from the lows. The sign we were looking for was the break below 1.1355, and that level was taken out aggressively clearing the path for ...Read More...
API Reports Surplus, While WTI Awaits EIA Report's Calls Updated WTI is trading at key resistance area at $41.8/barrel...
FxWirePro: GBP/USD Retains Bullish Outlook With Scope to Target 1.4450 The GBP/USD pair retreated back on Wednesday, as the Pound found short selling interest after data showed the number of unemployed in Britain rising and wage growth fell short of expectations...
US Dollar Rebounds to 94.20, Session Tops The greenback, gauged by the US Dollar Index, is now accelerating its daily upside to the area of 94.10/20. US Dollar retakes 94.00 The index has managed to regain the key 94.00 handle after bottoming out in the 93...
