European Economics Preview: BoE Minutes Due
At the two-day meeting, policymakers halted its quantitative easing at GBP 325 billion and retained record low 0.50 percent interest rate. In the meantime, the Office for National Statistics is scheduled to release UK retail sales data.
EU Morning Report- Japan policy on hold, eyes on BoE minutes
Versus the safe haven Japanese yen (JPY), the greenback slid to 79.51 from 80.14 following the Bank of Japan (BoJ) two-day policy meeting. BoJ decided to keep interest rates unchanged and its asset purchasing program stable. The yen rose after the ...
AUD/USD Forecast May 23, 2012, Technical Analysis
The AUD/USD pair fell on Tuesday as the fears over Europe continue. The former Prime Minister of Greece, Mr. Papademos suggested that the exit risk of Greece out of the European Union was a real threat, and risk related assets fell as a result. T
AUD/USD Fundamental Analysis May 23, 2012 Forecast
Analysis and Recommendation: (close of Asian session)The AUD/USD continues to struggle, trading today at 0.9925. The Aussie is higher as hopes grow that Greece will stay in the eurozone and after G8 leaders pushed for a pro-growth strategy to
Australian Dollar Outlook - 05/23/2012
... Currency Outlook: This morning the Australian dollar is over a US cent lower, currently trading at USD0.9790 after comments about the possibility of Greece leaving the Euro currency resulted in risk aversion trading, and in turn, a fall in the AUD.
AUD/USD Forecast May 22, 2012, Technical Analysis
The AUD/USD pair shot straight up for the session on Monday as the bounce that many had waited for. The pair seems to be finding a lot of support 0.98 levels, and as a result we think this pair could continue higher. A break of the highs on the M
AUD/USD Fundamental Analysis May 22, 2012 Forecast
Analysis and Recommendation: (close of Asian session)The AUD/USD picked up some strength in the early part of the day but then began to fall again, closing midway between open and close against the strong USD. The pair ended today’s session a
AUD/USD pushes back above 0.9900
AUD/USD is practically unchanged in early Asia, with immediate support noted at 0.9895, then below the mentioned key support, at 0.9825. To the upside, beyond the mentioned resistance area, selling interest may be found at 0.9950 and 1.0000. Trading ...
AUD/USD Monitoring Consolidation for Breakout
Join the Market Intelligence Briefings to get fundamental analysis, technical setups, trade plan assessments for AUD/USD and other currency pairs. Fan Yang CMT is a trader, analyst, educator and Chief Technical Strategist for FXTimes - provider of ...
G8 Rocks Markets, Currencies Lower
The G8 summit provided nothing in the way of details for further improvement – on both the world economic and Greece debacle front. Following the annual meeting at Camp David, Maryland, leaders of the G8 countries released statements that were p
USD/CAD MACD Signal: Buy at 1.02214 - Stop Loss at 1.01784
I open a market order in the direction of the signal and stay in the trade until I get a signal in the opposite direction. My stop loss is at the previous low in case of a buy and at the previous high in case of a sell. For each trade I risk LESS THAN ...
EUR/USD MACD Signal: Sell at 1.27730 - Stop Loss at 1.28110
I open a market order in the direction of the signal and stay in the trade until I get a signal in the opposite direction. My stop loss is at the previous low in case of a buy and at the previous high in case of a sell. For each trade I risk LESS THAN ...


