Market News and Analysis






Market News and Analysis

USD/JPY fluctuates around the monthly R2
Fri, 15 Mar 2013 09:16:17 GMT
 
USD/JPY has been fluctuating in a narrow channel created by the monthly R2 at 96.36 and the weekly PP at 95.22 for almost a week. >>
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GBP/USD breaches the 20-day SMA
Fri, 15 Mar 2013 09:14:32 GMT
 
The Cable demonstrates strong bullish sentiments by increasing from the monthly S1 at 1.4866 to the weekly R1 at 1.5110 in three trading sessions. >>
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EUR/USD jumps from the 200-day SMA
Fri, 15 Mar 2013 09:14:13 GMT
 
After a drop to the 200-day SMA at 1.2958, the major currency pair recovered bullish sentiments. >>
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Australian Dollar is traded close to a 5-week high
Fri, 15 Mar 2013 08:56:06 GMT
 
The Australian Dollar, also called the Aussie, dropped by 0.1% to $1.0371 against the U.S. Dollar in the end of Sydney trading session on Friday. That was close to yesterday's >>
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U.S. 10-year notes were little changed at 2.02% on Wednesday
Fri, 15 Mar 2013 08:45:10 GMT
 
U.S. Treasuries erased losses after an auction of 10-year note yields close to the highest level in an eleven-month period bolstering demand of $21 billion of the securities. The notes >>
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Interest rate cut needed to weaken Australia's currency: Emerald Group Australia
Fri, 15 Mar 2013 08:34:11 GMT
 
The Reserve Bank of Australia holds its benchmark rate at the highest level among all major developed economies and thus it should consider a cut of the rate in order >>
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Bulgaria's CPI slows down to 3.6% in February
Fri, 15 Mar 2013 08:23:09 GMT
 
Consumer prices in Bulgaria rose at the slowest pace since July of 2012 in the month of February partly due to a fall of clothing and footwear prices, the National >>
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NZ dollar falls against peers on Wednesday amid threatening drought
Fri, 15 Mar 2013 08:12:06 GMT
 
The currency of New Zealand depreciated against most of its major counterparts amid speculation a worsening drought bothering the country will have an impact on the economy and force the >>
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SNB showed determination to maintain 1.20 cap
Fri, 15 Mar 2013 08:01:11 GMT
 
The Swiss National Bank pledged its readiness to keep up its defence of the franc cap, after almost doubling its currency reserves. >>
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Japan's industrial production slowed in January
Fri, 15 Mar 2013 07:50:05 GMT
 
Japan's industrial output rose in the first month of 2013, however, at a slower pace than a month ago, the Ministry of Economy, Trade and Industry said Thursday. >>
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BOE likely to increase stimulus next month
Fri, 15 Mar 2013 07:39:06 GMT
 
The Bank of England is widely expected to inject more money into the struggling economy this year, and the announcement of the increase of asset purchase programme may be made >>
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U.S. jobless claims turned down unexpectedly
Fri, 15 Mar 2013 07:28:10 GMT
 
The number of Americans who lost their jobs dropped unexpectedly during the last week, supporting the argument for the Federal Reserve to remove its ultra accommodative monetary policy stance earlier >>
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Eurozone employment fell
Fri, 15 Mar 2013 07:17:04 GMT
 
The number of people holding down jobs in the Eurozone fell to its lowest point in nearly seven years in the final three months of 2012, according to the European >>
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Slovakia's CPI eases for the fourth time in row in February
Fri, 15 Mar 2013 07:06:06 GMT
 
Slovakia's consumer prices slowed down for the fourth time in a row and the core inflation rate eased to 2.5% in February, data released by the Statistical Office showed on >>
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Romania's industrial production gains 5.7% in January
Fri, 15 Mar 2013 06:55:08 GMT
 
Industrial output in Romania accelerated on an annual basis in January driven by mining and quarrying production gaining 6% and by manufacturing output adding 6.6%, the National Institute of Statistics >>
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