
FxWirePro: Retail long positions declining fast as GBP/USD moves higher
Apr 04, 2019 07:51 am UTC| Commentary
Retail longs are in decline, GBP/USD has moved higher after finding support around 1.30 area, at a rising trend line that has been in place since November and has lent support to the pound thrice since. Though...
FxWirePro: The Day Ahead- 4th April 2019
Apr 04, 2019 06:54 am UTC| Commentary
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated. Data released so far: Germany: Factory orders declined 4.2 percent m/m in February. Up 8.4 percent...
MAS unlikely to join the dovish turn seen among other central banks recently, says ANZ Research
Apr 04, 2019 06:45 am UTC| Commentary Central Banks Economy
The Monetary Authority of Singapore (MAS) is not expected to join the dovish turn seen among other central banks recently, according to the latest report from ANZ Research, thus making the case for further policy...
Apr 04, 2019 05:58 am UTC| Commentary Economy
The USD/CNY currency pair is expected to reach 6.60 and then head for 6.50 if the United States and China reach a trade deal in April or May and capital inflows could boost the yuan moderately in the months ahead,...
FxWirePro: Most Asian markets in red, gold slightly up at $1,292 mark
Apr 04, 2019 05:03 am UTC| Commentary
All the major Asian indices were trading on a lower note on Thursday. Gold was trading around $1,292 mark while silver was trading around $15.14 mark. Tokyos Nikkei was trading 0.10 pct lower at 21,692.85...
Malaysian exports likely to have grown in February, trade surplus to have narrowed slightly
Apr 03, 2019 19:27 pm UTC| Commentary
Malaysian trade data for the month of February is set to release tomorrow. According to a DBS Bank research report, exports are likely to have risen 6.8 percent year-on-year, while imports are expected to have grown 6...
U.S. ISM nonmanufacturing index falls in March, but remains in line with strong growth
Apr 03, 2019 19:15 pm UTC| Commentary
The U.S. ISMs nonmanufacturing composite weakened slightly in March; however, it continued to be at levels in line with strong growth. The headline index dropped 3.6 points to 56.1, slightly below consensus expectations of...