May 04, 2016 08:11 am UTC| Commentary Central Banks
The Canadian economic position seems encouraging, with GDP and retail sales both producing upbeat consensus expectations in March. Despite the prevailing economic conditions, the BoC stood pat at its current policy...
May 04, 2016 07:18 am UTC| Commentary
The Aussie dollar gained earlier today during Asian trading session as investors moved on from a central bank rate cut to a record low 1.75% the previous day and focused on U.S. jobs data at the end of the week. TheU.S....
FxWirePro: USD/KRW bounces but still maintains 6-month lows, never miss rallies for CCS to speculate
May 03, 2016 14:47 pm UTC| Commentary
Although, USDKRW has bounced today from the lows of 1133.50, remained well below DMAs and at 6-month lows at 1140.07 levels. Korean currency has won the trading against US dollar in last 2 months and continued its 3rd...
May 03, 2016 12:13 pm UTC| Commentary Technicals
Technical Watch: On weekly plotting, after three weeks of upswings we traced out a Long Legged Doji at 1.0979 (a resembling Shooting Star pattern is popping up at the moment). These bearish patterns evidence the weakness...
FxWirePro: Can EUR/CHF bulls break range bounded trend despite Long Legged Doji formation at peaks?
May 03, 2016 11:06 am UTC| Technicals
On weekly plotting, after three weeks of upswings we traced out a Long Legged Doji at 1.0979 (a resembling Shooting Star pattern is popping up at the moment). These bearish patterns evidence the weakness again in this...
May 03, 2016 08:28 am UTC| Technicals
Congratulations to all our readers on this winning trade..!!!, 82.456 as well as 81.025 are very well achieved. Before we begin, lets just refer below link for our previous write up on thetrend...
FxWirePro: Why do you have to deploy “Option Strips” for hedging AUD/CHF after RBA easing?
May 03, 2016 07:07 am UTC| Technicals
From last 9 days of down-streak has continued after breaking support at 0.7237levels. While both leading and lagging oscillators are in conformity to the prevailing downswings. Currency Hedging Strategy: The...
Apple Backs Out of OpenAI Funding Talks Amid $6.5 Billion Raise: Report