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US Preliminary Services PMI beats forecast
Mon, 28 Jul 2014 14:55:10 GMT
 
Analysts had forecast a drop in flash services PMI to 59.8. However, the release revealed that the activity in the services sector did not change, remaining at 61.0. On the >>
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Dukascopy Aggregate Technical Indicator Afternoon
Mon, 28 Jul 2014 14:15:10 GMT
 
Dukascopy Aggregate Technical Indicator for 30 min and 1H time frame charts for major pairs for the last 144 periods till 15:30 GMT. >>
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GBP/NZD 1H Chart: Channel Up
Mon, 28 Jul 2014 13:53:08 GMT
 
Thanks to the strong support at 1.9370 GBP/NZD was able to commence a robust recovery earlier this month. This is evidenced by the currency pair forming a bullish channel. The >>
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EUR/CAD 4H Chart: Channel Down
Mon, 28 Jul 2014 13:16:10 GMT
 
Since last Friday when we were discussing EUR/CAD last time, the pair soared to the upper trend line. Short-term technical indicators are still sending ‘buy' signals, meaning the pair can >>
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CHF/JPY 4H Chart: Channel Down
Mon, 28 Jul 2014 13:05:09 GMT
 
After hitting the high of 119.18 on December 27 the CHF/JPY currency pair began depreciating and hit this year's low on February 4 at 111.69. At the moment of writing >>
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This week's major events in the US
Mon, 28 Jul 2014 11:47:08 GMT
 
This week there will be more than forty eight hours of powerful data releases in the United States. Starting on Wednesday, data concerning the GDP for the second quarter of >>
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AUD/USD holds constant in light trade
Mon, 28 Jul 2014 11:35:07 GMT
 
The Aussie held steady against the Greenback in light trade today, as strong U.S. long-lived commodities data kept on supporting the demand for the U.S. Dollar. The Australian Dollar reached a one-week >>
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Britain's Pound steady against the US Dollar
Mon, 28 Jul 2014 11:24:10 GMT
 
The Cable is close to its lowest price in one month and remains stable. Concerns regarding the conflict in Gaza and tension in Ukraine along with positive US data on >>
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Japanese Yen rises in relation to Ukraine and Middle East events
Mon, 28 Jul 2014 11:13:10 GMT
 
The Yen rose in early Asian trade as events in Ukraine and Middle East made investors look in the safe haven's direction. With the US failing to negotiate a ceasefire between Israel and >>
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U.S. treasury near 13-month low
Mon, 28 Jul 2014 10:57:07 GMT
 
American 30-year yields were near a 13-month low on speculation that a report at the end of the week will display that wage growth meets expectations as employment goes up. The 30-year yield >>
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Kiwi falls to one-and-a-half month low against the Dollar
Mon, 28 Jul 2014 10:11:09 GMT
 
As the positive data regarding US durable goods for June supported the US Dollar, the Kiwi dropped to its lowest price in one and a half months. The New Zealand >>
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U.S. Dollar index near six-month high
Mon, 28 Jul 2014 10:00:06 GMT
 
The Greenback stiffened around six-month highs against the major counterparts following substantial gains made during the previous week as investors turned bearish on the Euro. The reports are expected to reveal the economy rose >>
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US Dollar stable ahead of major events
Mon, 28 Jul 2014 09:49:08 GMT
 
The greenback remains flat as important data is to be released later this week, such as FOMC meeting, US jobs and GDP data. This caused the Dollar to stay almost >>
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Banks charged with silver price manipulation
Mon, 28 Jul 2014 09:38:10 GMT
 
HSBC, Deutsche Bank and Bank of Nova Scotia are being accused of price rigging in the silver market according to a US lawsuit. The Bank of Nova Scotia has stated that it will >>
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Germany to renounce EU-Canada trade deal
Mon, 28 Jul 2014 09:27:10 GMT
 
Germany is to turn down a multi-billion free trade contract between the EU and Canada, which is to the great extent seen as the basis for the bigger agreement with the U.S. The >>
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