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On Friday, the USD declined 0.10% against the CHF and closed at 0.8753.During an interview in Washington, the Swiss National Bank (SNB) President Thomas Jordan, opined that the Swiss Franc still...
On Friday, the USD strengthened 0.18% against the JPY and closed at 101.58, as traders cheered the recent upbeat producer inflation and consumer sentiment data from the US economy.Meanwhile, the...
On Friday, GBP fell 0.19% against the USD and closed at 1.6745, as the greenback advanced following upbeat US producer inflation and consumer sentiment data.On the macro front, construction output in...
On Friday, EUR ended the day flat against the USD and closed at 1.3887, paring some of it initial losses after an ECB policymaker, Jens Weidmann opined that he did not see a deflation spiral in the...
CA Core CPI is expected to be at 0.3% and we’ll be looking for a deviation of 0.3% in order to trade. With BOC expected to hold rates steady, unless we get a very strong CPI figure, market will...
CA BOC Interest Rate today will probably not surprise the market as recent Canadian economic reports have not been very promising, to say the least. Considering that the BOC have dropped its hawkish...
US Core CPI is expected to remain around the 0.1%, with the Feds focusing more on fundamental data, at least that’s what they are telling the market, a stronger release could send USD to a...
UK CPI y/y release could once again change market sentiment for the Sterling. With the BOE refraining from any monetary policy changes ever since Carney took over as the Governor, a strong/weak CPI...
EUR/USDRisk reward: 1.66Trend: DownSell at 1.3858 SL 1.3890 TP 1.3805USD/JPYRisk reward: 1.38Trend: DownSell at 101.67 SL 101.99 TP 101.23GBP/USDRisk reward: 1.47Trend: DownSell at 1.6742 SL 1.6774 TP...
A quick look at the potential fundamental drivers for the USD/CHF and where this fits onto the chartsBelow you may find the video
Large speculators were net long on AUD for the first time since May 2013 as the shorts continued to flee the market. Keeping in mind the report (released each Friday) is 3 days delayed, so there...
Good morning everyone! Hope everyone had a good week end! We seem to have a really good forecast on Friday where 6 out of the 7 pairs behaved very close to what we had thought possible. Only GBP/USD...
Talking Points:EUR/JPY Technical Strategy: Flat Support: 140.40 (rising trend line) Resistance: 141.75 (38.2% Fib exp.), 142.81 (falling trend line) The Euro may be on the verge of a reversal...
Talking Points:US Dollar Candlestick Pattern Hints at Recovery Ahead S&P 500 Sinks to Two-Month Low, Sellers Target 1800 Gold, Crude Oil Rise to Challenge Technical Resistance Can’t access...
GBP/USD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.6465, the fall from 1.6820 could be treated as consolidation of the uptrend. Deeper decline would likely be seen,...