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Breaking Forex News & Forecasts

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Technical Analysis SP500 30-09-2016 by IFC Markets   Low interest rates are bullish for SP500 The Federal Reserve left the interest rate in the range 0.25-0.5% at September 21 policy meeting but signaled it intends to hike rates this year. Will SP500 continue rising?   The Federal Reserve held off…
TESLA Technical Analysis 30-09-2016 by PaxForex   TESLA - bearish model: pair, ready to continue falling Outlook: the Downward trend with the prospect of profits more than 350 points   Source: www.paxforex.com
Commodity currencies closed weaker, giving up OPEC led gains Daily Forex Market Preview, 30/09/2016 Following the OPEC led gains in the oil markets which saw the commodity linked currencies gaining ground, price action yesterday saw the currencies give up most of the gains as the US dollar edged higher on…
OPEC decision lifts equities, commodity currencies Daily Forex Market Preview, 29/09/2016 US stocks closed higher yesterday, led by gains in the energy sector as OPEC announced plans to cut production, to be formalized in the November OPEC meeting. The news helped lift commodity currencies as well with the Canadian dollar…
Wednesday, 28 September 2016 09:13

Yellen back in the spotlight, US data eyed

Yellen back in the spotlight, US data eyed Daily Forex Market Preview, 28/09/2016 The US dollar is looking to make a comeback with price action showing a positive close yesterday as flash services PMI came out higher than expected while US consumer confidence continued rose to 104.10, helping to lift…
Tuesday, 27 September 2016 09:23

USDJPY looks to erase yesterday’s losses

USDJPY looks to erase yesterday’s losses Daily Forex Market Preview, 27/09/2016 The markets were cautious yesterday with the central bank speeches and the US presidential debate. USDJPY slipped below the 101.00 handle was seen threatening to break down below the 100.00 support level before pulling back modestly higher. Still, the…
TWITTER Technical Analysis 26-09-2016 by PaxForex   TWITTER - bullish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 150 points   Source: www.paxforex.com
Monday, 26 September 2016 10:19

Dollar trades mixed. Draghi's speech awaited

Dollar trades mixed. Draghi's speech awaited Daily Forex Market Preview, 26/09/2016 The US dollar is trading mixed in early Asian trading as a rather slow day will see speeches from central bank governors including Kuroda, SNB's Jordan and Mario Draghi. US new home sales data is on the pipeline later…
GOOGLE Technical Analysis 23-09-2016 by PaxForex   GOOGLE - bullish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 2200 points   Source: www.paxforex.com
Dollar saw recovering after seeking support at 95.00 Daily Forex Market Preview, 23/09/2016 The US dollar trimmed its losses yesterday after a brief test to the 95.00 support in the US dollar index saw prices closing higher. Price action continues to remain range bound with no evidence of trends being…
Thursday, 22 September 2016 09:38

Dollar loses ground as Fed keeps rates unchanged

Dollar loses ground as Fed keeps rates unchanged Daily Forex Market Preview, 22/09/2016 The US dollar gave up some of the gains yesterday as the Federal Reserve held interest rate steady at 0.50%, despite signaling that a rate hike is likely by December. The biggest impact was seen in USDJPY…
Wednesday, 21 September 2016 10:06

Yen comes under pressure on BoJ decision

Yen comes under pressure on BoJ decision Daily Forex Market Preview, 21/09/2016   The Japanese yen was seen trading volatile into the BoJ's decision today, briefly falling to 101.00 before pushing higher. Price action is expected to be volatile as the FOMC and RBNZ policy decisions are due later in…
Tuesday, 20 September 2016 09:19

Dollar opens the weak on a soft note

Dollar opens the weak on a soft note Daily Forex Market Preview, 20/09/2016 The US dollar opened on Monday on a soft note but managed to regain control by the end of day. As the BoJ and FOMC decisions loom, the dollar will be looking at another quiet trading day.…
Monday, 19 September 2016 19:30

US inflation increases ahead of Fed meeting

  Market News - US inflation increases ahead of Fed meeting 19-09-2016 by easyMarkets (Forex.info) Even though the release of recent weak economic data persuaded investors not to expect an interest rate increase by the Fed, there was a surprise increase in consumer prices during last month. The report released…
Monday, 19 September 2016 13:33

Economic Events This Week 19-09-2016 by Xcfd

Economic Events This Week 19-09-2016 by Xcfd   The key economic reports this week are August housing starts and Existing Home Sales.   The FOMC meets on Tuesday and Wednesday, and no change to policy is expected.     Monday, Sept 19th   10:00 AM: The September NAHB homebuilder survey.…

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