Market News and Research

Market News and Research

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USD/CAD plunges 1.67% after BOC decision
Thu, 07 Sep 2017 13:06:10 GMT
The Bank of Canada's decision at 1400GMT yesterday to increase the overnight rate from 0.75% to 1.00% disrupted all technical predictions about the pair's movement late on Wednesday and >>
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AUD/USD consolidates near 0.8020
Thu, 07 Sep 2017 13:04:22 GMT
Despite reaching the upper boundary of a senior channel on Tuesday, the rate returned to re-test the weekly R1 at 0.8022 for the second time. >>
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EUR/JPY shoots up during ECB Conference
Thu, 07 Sep 2017 13:03:01 GMT
The overall sentiment on Wednesday was strongly bullish for the common European currency. >>
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GoPro might adjust profits
Thu, 07 Sep 2017 11:39:10 GMT
The producers of the wearable cameras expect to post high profits at the end of the year quarter. However, the third quarter profits might be adjusted to the downside. >>
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China agrees on North Korean sanctions
Thu, 07 Sep 2017 11:38:40 GMT
On Thursday Chinese officials announced that they agree that the United Nations need to impose more sanctions on North Korea. >>
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UN forecasts Myanmar violence caused migration
Thu, 07 Sep 2017 11:18:15 GMT
A United Nations agency on Wednesday announced that about 300,000 Muslims might flee Myanmar to the neighbouring Bangladesh. >>
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Macron urges better relations with Turkey
Thu, 07 Sep 2017 11:17:45 GMT
In a recent interview the President of France Emmanuel Macron stated that Turkey remains a partner to the EU and ties have to be maintained. >>
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EUR/CHF 4H Chart: Channel Up
Thu, 07 Sep 2017 10:37:15 GMT
The common European currency recently stopped its short term decline against the Swiss Franc, as it found support in a medium term ascending channel. However, the rate still should decline. >>
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EUR/AUD 4H Chart: Channel Up
Thu, 07 Sep 2017 10:34:59 GMT
The common European currency has recently been volatile against the Australian Dollar in a set range. The range is located from the 1.4980 level down to the 1.4850 mark. >>
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North Korea pledges to take 'powerful measures' to counterattack sanctions
Thu, 07 Sep 2017 10:17:21 GMT
North Korea said on Thursday that 'powerful counter measures' would be taken to deal with US pressure, thus responding to sanctions planned against the country. >>
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UN agency reports decrease in food prices in August
Thu, 07 Sep 2017 10:03:14 GMT
The price index of the UN Food and Agriculture Organisation reported on Thursday a 1.3% decrease in global food prices in August caused by exceptionally good harvests. >>
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China supports more UN actions against North Korea
Thu, 07 Sep 2017 09:08:26 GMT
On Thursday, China agreed that the United Nations Security Council must take more action on the North Korean crisis. At the same time, China urges to solve the conflict via >>
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Poroshenko opposes early elections
Thu, 07 Sep 2017 09:03:54 GMT
On Thursday, the Ukrainian President Petro Poroshenko emphasized that he opposes both early presidential and parliamentary elections and called such proposals "irrational". >>
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XAU/USD tries to catch a momentum from 100-hour SMA
Thu, 07 Sep 2017 08:28:59 GMT
A release of data on the US ISM Non-manufacturing did let the pair to use an upside momentum provided by the 55-hour SMA to try to reach the monthly >>
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USD/JPY pressured by bulls
Thu, 07 Sep 2017 08:16:53 GMT
The Institute for Supply Management reported that its PMI for the US non-manufacturing sector posted weaker-than-expected increase to 55.3 in August, following the prior month's figure of 53.9. >>
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