Market News and Analysis

After a slow start, pair is picking up the pace and at the moment is testing the strength of 20-day SMA at 1.026. >>

As anticipated, cluster of levels around 1.04 prevented the pair from advancing further. >>

Pair continued to appreciate with the possible intention to return to last weeks closing levels, but did not manage to advance above 124 and for the time being is being >>

Pair opened below 55-day SMA and it took a bit of a time to breach it, but once it did pairs advanced was rather quick and after appreciating by more >>

Hong Kong equities decreased on Tuesday, as analysts expect that Cyprus' parliament will not approve a new tax on bank deposits. Hang Seng lost 0.2%, or 41.50 points, to 22,041.86. >>

Japanese stocks surged on Tuesday, after news the Cyprus' parliament most probably will not pass a new bank levy. Nikkei 225 jumped 2%, or 247.60 points, to 12,468.23, the highest >>

Economic sentiment in Germany improved for the fourth month in a row in the month of March and exceeded initial forecast, the Center for European Economic Research/ZEW reported on Tuesday. >>

France's economic outlook was slashed by the Organization for Economic Cooperation and Development on Tuesday as a result of lack of activity showed by the French government for improving competitiveness >>

Dukascopy Trade Pattern Ideas for USD/JPY (Rising Wedge), AUD/CAD (Rising Wedge), AUD/USD (Channel Up), USD/PLN (Rising Wedge) till 16:30 GMT. >>

Industrial production in Italy increased on a sequential basis by 0.8% in January compared to a 0.3% decline preliminary estimated, a data released by the statistical office Istat showed on >>

Inflation in the United Kingdom increased to the fastest rate in a nine-month period in February mainly due to a notable gain in factory-gate prices and a surge of energy costs, the >>

UK residential property prices rose slower in January compared to the previous month and the pace of growth was below initial estimates, the Office for National Statistics reported on Tuesday. >>

Wheat price closed at $7.1275 per one bushel yesterday on the Chicago Board of trade, as the U.S. government forecasts the biggest corn harvest ever. Wheat crops recovered from the >>

The Australian Dollar, also known as the Aussie, was traded at $1.0386 in the end of Sydney trading session on Tuesday. The Aussie was 0.3% lower than a five-month high, >>

The South Africa's Rand dropped by 0.4% to 9.1842 per U.S. Dollar in early Johannesburg trading session on Tuesday. The currency fell 7.7% this year and is the worst performer >>