
For Venezuela, there may be no happily ever after
Jul 27, 2017 09:55 am UTC| Insights & Views Politics
Last week, over seven million Venezuelans both at home and abroad voted against president Nicolas Maduros proposed Constituent Assembly, which would have empowered his administration to rewrite the countrys...

FxWirePro: Fundamental drivers and valuations of USD/JPY
Jul 27, 2017 08:26 am UTC| Central Banks Research & Analysis Insights & Views
The US Fed left policy unchanged yesterday evening, as expected, but the accompanying statement did express more concern about the recent softness in prices. The FOMC statement seems to have been the trigger rather than...

Jul 27, 2017 07:44 am UTC| Research & Analysis Insights & Views
Today many analysts will give in to the temptation of putting the impressive collapse of the USD we are currently seeing down to the small changes in the FOMC statement. Well, the changes related to (a) the planned...
Jul 26, 2017 12:26 pm UTC| Research & Analysis Insights & Views
Bearish GBP scenarios are driven by: 1) Growth slows below 1% as consumers are squeezed by inflation and falling house prices. 2) Outright capital repatriation from slower moving long-term investors including...

UK Q2 GDP growth sees marginal improvement from Q1, raises downside risks to 2017 GDP outlook
Jul 26, 2017 12:01 pm UTC| Insights & Views Economy
UK economic growth nudged up in the second quarter of 2017 after a notable slowdown seen in the first half of the year. Official data for gross domestic product published by the Office for National Statistics (ONS) showed...
Jul 26, 2017 11:33 am UTC| Central Banks Research & Analysis Insights & Views
Brazilian central bank is lined up to announce its monetary policy today, following its last rate meeting in late May the Brazilian central bank had signaled that future rate hikes might happen in smaller steps. This more...

Jul 26, 2017 10:46 am UTC| Technicals Insights & Views
In short term trend, the pair has been sliding through falling wedge pattern. Every price spikes are restrained below wedge resistance and every dipis backed by wedge baseline. The bearish pressure is again observed...