Stronger dollar and weak overseas demand holding back US factory sector: Capital Economics
Feb 19, 2015 15:58 pm UTC| Commentary
Quotes from Capital Economics:- The dip in the Philly Fed manufacturing index to 5.2 in February, from 6.3, adds to the evidence that the stronger dollar and weak overseas demand is holding back the factory sector.-...
US CPI likely to bottom at -0.5% y/y in March 2015: Barclays
Feb 19, 2015 15:48 pm UTC| Commentary
Quotes from Barclays Capital:- We have revised down our CPI forecast for Jan, but have pushed up the profile thereafter following the increase in gasoline and oil futures prices since our last update on 16 Jan. The NSA CPI...
Daily technical outlook for DXY: Societe Generale
Feb 19, 2015 10:59 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -The Dollar Index is re-integrating within a multi-month upward channel support and appears to be evolving within a pattern similar to a triangle. -The index is likely...
Daily technical outlook for CAD/JPY: Societe Generale
Feb 19, 2015 10:58 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -CAD/JPY is retracing after testing a descending channel limit at 96.50 which happens to be the 38.2% retracement from late December highs. With Daily RSI approaching a...
Daily technical outlook for EUR/CZK: Societe Generale
Feb 19, 2015 10:57 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -EUR/CZK faced stiff resistance at the upper limit of a multiyear channel and formed a shooting star last month suggesting possibility of a pullback. -Since then the...
Daily technical outlook for USD/CAD: Societe Generale
Feb 19, 2015 10:55 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -USD/CAD has formed a monthly Marubozu suggesting the uptrend to persist. Monthly RSI is testing a graphical ceiling however, signs of reversal are lacking. -Short term...
Daily technical outlook for AUD/USD: Societe Generale
Feb 19, 2015 10:53 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -AUD/USD accelerated the down move after breaking below monthly descending channel. Monthly RSI is breaking support. Short term though the pair is testing a dual support...
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