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Monday, 08 August 2016 16:04
Markets advance on positive data 08/08/2016 by IFC Markets
Markets advance on positive data 08/08/2016 by IFC Markets On Friday, the US stock indices have advanced for the 3rd straight day. The US dollar strengthened on unexpected positive data of labor market for July. The US nonfarm payrolls for July increased by 255000, more than expected: 180 thousand.…
Monday, 08 August 2016 15:54
GBPAUD Technical Analysis 08/08/2016 by PaxForex
GBPAUD Technical Analysis 08/08/2016 by PaxForex GBPAUD - bearish model: pair, ready to continue falling Outlook: the Downward trend with the prospect of profits more than 245 points Source: www.paxforex.com
Monday, 08 August 2016 09:01
US Dollar The Main Driver, Mid-Summer Earnings Season is On
US Dollar The Main Driver, Mid-Summer Earnings Season is On The US Dollar ended higher the previous week after the stronger than expected employment report. The Non-Farm Payrolls jumped to 255K for July, while it was expected at 180K and was up from June 292K. The Average Earnings increased by…
Monday, 08 August 2016 07:40
US dollar gains on Friday’s payrolls. Watch for a pullback to the rally
US dollar gains on Friday’s payrolls. Watch for a pullback to the rally Daily Forex Market Preview, 08/08/2016 The US dollar is likely to extend its gains after Friday’s payrolls report. The economic data remains light today with no major releases in sight. Expect to see a minor pullback in…
Friday, 05 August 2016 07:04
Markets await NFP. Gold prices risk a correction
Markets await NFP. Gold prices risk a correction Daily Forex Market Preview, 05/08/2016 July’s nonfarm payrolls report will be the main calendar event to watch for today. A positive beat on expectations will most likely induce dollar buying putting the recent rally in USD crosses at the risk of a…
Thursday, 04 August 2016 09:00
Big day for the British pound
Big day for the British pound Daily Forex Market Preview, 04/08/2016 The Bank of England’s monetary policy meeting today will be the big event as the markets brace for a rate cut. What will determine the price action in GBPUSD will be how much the BoE can loosen monetary policy,…
Wednesday, 03 August 2016 14:41
Attempt to get out of the neutral range 03-08-2016 by IFC Markets
Attempt to get out of the neutral range 03-08-2016 by IFC Markets On Tuesday, the US stock index S&P 500 decreased due to negative corporate and economic data. Prior to this, 13 trading sessions in a row, it oscillated within the 1st percentage points. Such dynamics was not observed…
Wednesday, 03 August 2016 14:33
CADJPY Technical Analysis 03-08-2016 by PaxForex
CADJPY Technical Analysis 03-08-2016 by PaxForex CADJPY - bearish model: pair, ready to continue falling Outlook: the Downward trend with the prospect of profits more than 170 points Source: www.paxforex.com
Wednesday, 03 August 2016 10:29
EURUSD at 1.120 resistance, awaits NFP
EURUSD at 1.120 resistance, awaits NFP Daily Forex Market Preview, 03/08/2016 The euro picked up steam yesterday after the dollar weakened following the unimpressive fiscal stimulus package from Shinzo Abe and the lackluster inflation data in the US. With the rally to 1.120 now complete, EURUSD is likely to sit…
Tuesday, 02 August 2016 15:05
NZDUSD Technical Analysis 02-08-2016 by PaxForex
NZDUSD Technical Analysis 02-08-2016 by PaxForex NZDUSD - bulish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 90 points Source: www.paxforex.com
Tuesday, 02 August 2016 14:57
Strong price increase may result in lower demand by IFC Markets
Strong price increase may result in lower demand by IFC Markets With the advent of warm weather in late April of the current year, orange juice rose by 45%, and since the autumn of the last year – approximately twofold. This was caused by the drought in Brazil and…
Tuesday, 02 August 2016 14:47
Markets retreat on mixed data 02-08-2016 by IFC Markets
Markets retreat on mixed data 02-08-2016 by IFC Markets US stocks ended lower on Monday as oil prices tumbled while technology stocks outperformed, pulling Nasdaq Composite Index to more than a year high. The dollar strengthened. According to the live dollar index data the ICE US Dollar Index, a measure…
Tuesday, 02 August 2016 09:21
EURUSD maintains sideways pattern
EURUSD maintains sideways pattern Daily Forex Market Preview, 02/08/2016 The euro continues to trade flat against the dollar with 4-hour sessions shows prices forming multiple inside bars. Japan is expected to announce plans for its proposed fiscal stimulus spending, which could cause a knee-jerk reaction in the markets. For the…
Monday, 01 August 2016 14:59
The US GDP growth was less than expected 01-08-2016 by IFC Markets
The US GDP growth was less than expected 01-08-2016 by IFC Markets On Friday, the US stock market indexes rose. Moreover, S&P 500 renewed intraday historical high for the seventh time in July. Despite this, the total growth of the stock market over the past month was relatively modest. The…
Monday, 01 August 2016 14:50
US dollar net logs hit five month high
US dollar net logs hit five month high 01-08-2016 by IFC Markets US dollar bullish bets rose to $13.65 billion from $10.42 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to July 26. Investors…
