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Market News and Research

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Statistics Canada releases strong jobs data for February
Mon, 13 Mar 2017 09:51:47 GMT
 
The Canadian unemployment rate fell unexpectedly last month, as employment rose more than expected. >>
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Solid US jobs data support March Fed rate hike
Mon, 13 Mar 2017 09:51:38 GMT
 
The US private sector created more jobs than expected last month, providing support for a Fed interest rate hike on Wednesday. >>
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UK Production Index experiences 0.4% fall in January
Mon, 13 Mar 2017 09:51:28 GMT
 
In January, British total production experienced a 0.4% decrease compared to the previous month, the Office for National Statistics revealed on Friday. >>
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GBP/USD regains bullish momentum
Mon, 13 Mar 2017 09:51:09 GMT
 
In January, British total production experienced a 0.4% decrease compared to the previous month, the Office for National Statistics revealed on Friday. >>
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Gold rebounds near 1,200 mark
Mon, 13 Mar 2017 09:38:25 GMT
 
It seems like the rebound of the yellow metal is occurring after all, as the medium term descending channel has been broken on Monday. However, the financial markets throughout the >>
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Euro reaches above 1.07
Mon, 13 Mar 2017 09:38:05 GMT
 
During the early hours of Monday's trading session the common European currency extended its gains against the US Dollar, as the currency exchange rate reached above the 1.07 mark. >>
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Rubbish landslide kills dozens in Ethiopia
Mon, 13 Mar 2017 09:32:53 GMT
 
48 people, including 15 children, are reported to be dead as a massive landfill site landslide hit the outskirts of Addis Ababa on Monday. >>
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Malaysia starts talks over trapped citizens in NK
Mon, 13 Mar 2017 09:16:54 GMT
 
On Monday, Malaysia began the negotiations with North Korea over nine citizens to return back home as people were not allowed to leave the border amid travel ban hit due >>
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USD/ZAR 1D Chart: Channel Down
Mon, 13 Mar 2017 08:57:39 GMT
 
After setting an all-time high at 16.94, USD/ZAR started an extensive downfall and has been maintaining it ever since. It set a channel down pattern to frame the motion for >>
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USD/JPY 1H Chart: Head and Shoulders
Mon, 13 Mar 2017 08:57:05 GMT
 
A second attempt at launching an attack on December highs of 118.28 turned out unsuccessful with a head and shoulders formation on the hourly scale. The shoulders lie at 114.90, >>
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EUR/NZD 1H Chart: Channel up
Mon, 13 Mar 2017 08:56:32 GMT
 
EUR/NZD managed to abandon 1.4634, the two-year low and showed some decent bullish momentum immediately after the surge had extended. The pair changed the steepness of the motion for a >>
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Gold continues to rebound
Mon, 13 Mar 2017 08:44:29 GMT
 
During the early hours of Monday's trading session the yellow metal's price had surged above the 1,210 mark, as the bullion continued the course of regaining its losses. >>
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USD/JPY begins sliding down
Mon, 13 Mar 2017 08:43:30 GMT
 
"We believe the USD/JPY will edge upward to the ¥115-120 level not in a straight line but with some fluctuation over the coming 3-6 months."  – Deutsche Bank (based on >>
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GBP/USD regains bullish momentum
Mon, 13 Mar 2017 08:42:17 GMT
 
Even though the US NFP data came out strong on Friday, the earnings growth still disappointed, bringing doubts over a March rate hike, thus, turning the tide on the Greenback's >>
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EUR/USD surges above 1.07 mark
Mon, 13 Mar 2017 08:41:19 GMT
 
Due to comments from the president of the European Central Bank, Mario Draghi, the common European currency jumped against the US Dollar in the recent trading sessions. >>
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