Market News and Analysis
Pound little changes before U.K. service sector report
Fri, 03 May 2013 10:30:04 GMT
The British currency was little changed against its U.S. counterpart before a report showed that service sector in the United Kingdom accelerated for the fourth straight months in April suggesting >>
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Wheat and corn set for biggest weekly increase since last July
Fri, 03 May 2013 10:19:04 GMT
Crop increased on Friday and it is set for the largest weekly gain since July 2012 as planting in the world's largest exporter of corn and wheat, U.S., slowed and >>
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Gold trades at most bearish market in last 3 years
Fri, 03 May 2013 10:08:04 GMT
Gold is traded at the most bearish trend in last three years as traders and investors sold the metal held in exchange-traded products in a record amount and the prices >>
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WTI pares weekly gain on Friday before U.S. payrolls
Fri, 03 May 2013 09:57:04 GMT
West Texas Intermediate oil dropped on Friday paring its weekly gain as investors awaited the U.S. government report showing improvement in the country's payrolls suggesting an acceleration of the economy. >>
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India's central bank cut interest rates by 25 basis points
Fri, 03 May 2013 09:46:04 GMT
The Reserve Bank of India cut its benchmark policy rates by 25 basis points for the third time in 2013 in order to boost the economy and improve the growth. >>
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Treasuries are traded close to lowest level this year
Fri, 03 May 2013 09:35:06 GMT
U.S. Treasuries yields were traded 0.02 percentage points from the lowest level in 2013 before the U.S. government report was released showing that the unemployment in the country stayed unchanged >>
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Dukascopy Aggregate Technical Indicator Morning
Fri, 03 May 2013 08:42:33 GMT
Dukascopy Aggregate Technical Indicator for 30 min, 1H, 4H and 1D time frame charts for major pairs for the last 144 periods till 08:30 GMT. >>
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Abenomics already having effect
Fri, 03 May 2013 08:42:20 GMT
Measures done by Japanese Prime Minister Shinzo Abe and the new Governor of the Bank of Japan Haruhiko Kuroda have already shifted the economy into a positive cycle with the >>
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Aussie set to complete longest losing streak versus Kiwi in 12 years
Fri, 03 May 2013 08:22:04 GMT
The Australian Dollar is heading to complete the longest streak of weekly drops against the New Zealand Dollar in a twelve-year period amid speculation that the Reserve Bank of Australia >>
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German bund yields at 1.17% before inflation report
Fri, 03 May 2013 08:11:04 GMT
German government Bunds were little changed on Friday before a report showed that producer prices in the 17-nation bloc decreased in the month of March. German benchmark 10-year yield was >>
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U.S. Dollar rises versus Euro before payrolls
Fri, 03 May 2013 08:00:08 GMT
The U.S. Dollar appreciated against the Euro on Friday recording the largest gain in 2 weeks before the U.S. report was released showing that payrolls in the country improved last >>
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USD/CHF's rally denied by 0.9344/42
Fri, 03 May 2013 07:49:17 GMT
A strong surge was stopped by the weekly pivot point and the 20-day SMA, and now the currency pair is headed towards some of the lower levels. >>
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USD/JPY pares recent losses
Fri, 03 May 2013 07:49:10 GMT
A similar situation to the current one was observed a month ago, when the price did slip below the up-trend support line, but has subsequently managed to return into the >>
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GBP/USD steps away from resistance line
Fri, 03 May 2013 07:49:00 GMT
GBP/USD has just reached the upper boundary of the channel up pattern. Consequently, the selling has set in and may continue for some time, being that there are no notable >>
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EUR/USD underpinned by 200-day SMA
Fri, 03 May 2013 07:48:51 GMT
Yesterday's plunge has effortlessly penetrated some of the supports, including 1.3104; however, a combination of 20 and 200-day SMAs with weekly and monthly pivot points did not allow further depreciation >>
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