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AUD: Will Stevens Borrow Poloz’s Clippers? – CIBC

AUD: Will Stevens Borrow Poloz’s Clippers? – CIBC

Feb 2, 2015 00:21
The moment of truth is approaching for the Reserve Bank of Australia. After two months, the central bank convenes again. Will Stevens cut the interest rate? Where is AUD/USD...

Majors»

GBP/USD Forecast Feb. 2-6

GBP/USD Forecast Feb. 2-6

Feb 1, 2015 16:36
The British pound showed strong gains but couldn’t consolidate, as GBP/USD settled for slight gains and closed at 1.5048. This was the first time the pair has slipped...
  • USD/JPY Forecast Feb. 2-6
    USD/JPY Forecast Feb. 2-6
    USD/JPY was unchanged for a second straight week, closing at 117.47. There are six events this week. Here is...
    on Feb 1, 2015 11:49
  • EUR/USD Forecast Feb. 2-6
    EUR/USD Forecast Feb. 2-6
    EUR/USD managed to stabilize after the Greek elections in the last week of a turbulent month. Has it bottomed...
    on Jan 31, 2015 12:23
  • Forex Weekly Outlook Feb. 2-6
    Forex Weekly Outlook Feb. 2-6
    The dollar experienced a mixed week, in which its gains were focused against commodity currencies. The focus is...
    on Jan 30, 2015 17:21

Minors»

AUD/USD Forecast Feb. 2-6

AUD/USD Forecast Feb. 2-6

Feb 1, 2015 18:15
The Australian dollar’s sharp slide continues, as AUD/USD lost over 100 points last week. The pair closed at 0.7754, its lowest level since July 2009. The upcoming...
  • USD/CAD Forecast Feb. 2-6
    USD/CAD Forecast Feb. 2-6
    The Canadian dollar continued its sharp descent, losing close to 300 points last week. USD/CAD has now gained a...
    on Feb 1, 2015 14:04
  • NZD/USD Forecast Jan. 26-30 2015
    NZD/USD Forecast Jan. 26-30 2015
    The New Zealand dollar had a terrible week, falling to multi-year lows on weak inflation and a stronger US dollar.After...
    on Jan 25, 2015 19:00
  • USD/JPY Forecast Jan. 26-30
    USD/JPY Forecast Jan. 26-30
    Despite the turmoil in the currency markets last week, USD/JPY was unchanged last week, closing at 117.73. There...
    on Jan 25, 2015 18:16

Basics & Industry»

FXCM to forgive most clients with negative balances – more to follow?

FXCM to forgive most clients with negative balances – more to follow?

Jan 28, 2015 16:38
As many others and we have been calling for long days, FXCM joins the list of brokers forgiving negative balances following the SNBomb. While it is not forgiving all traders...

Recent Articles

AUD: Will Stevens Borrow Poloz’s Clippers? – CIBC

AUD: Will Stevens Borrow Poloz’s Clippers? – CIBC

The moment of truth is approaching for the Reserve Bank of Australia. After two months, the central bank convenes again. Will Stevens cut the interest rate? Where is AUD/USD headed to? Here is their view, courtesy of eFXnews: The AUD has been another currency succumbing to a resurgent USD over the last six months, depreciating by almost

AUD/USD Forecast Feb. 2-6

AUD/USD Forecast Feb. 2-6

The Australian dollar’s sharp slide continues, as AUD/USD lost over 100 points last week. The pair closed at 0.7754, its lowest level since July 2009. The upcoming week is busy, with 12 events. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. In the US, the Fed did not make any major changes in its statement, but did marginally

GBP/USD Forecast Feb. 2-6

GBP/USD Forecast Feb. 2-6

The British pound showed strong gains but couldn’t consolidate, as GBP/USD settled for slight gains and closed at 1.5048. This was the first time the pair has slipped below this symbolic level since July 2013. This week’s highlights are the PMI reports. Here is an outlook on the major events moving the pound and an updated technical analysis

USD/CAD Forecast Feb. 2-6

USD/CAD Forecast Feb. 2-6

The Canadian dollar continued its sharp descent, losing close to 300 points last week. USD/CAD has now gained a remarkable 11 cents in the month of January. This week’s highlights are Building Permits and Employment Change. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. It was another week

USD/JPY Forecast Feb. 2-6

USD/JPY Forecast Feb. 2-6

USD/JPY was unchanged for a second straight week, closing at 117.47. There are six events this week. Here is an outlook on the major events moving the yen and an updated technical analysis for USD/JPY. In the US, the Fed did not make any major changes in its statement, but did marginally upgrade the wording regarding the economy, noting that strong employment numbers

EUR/USD Forecast Feb. 2-6

EUR/USD Forecast Feb. 2-6

EUR/USD managed to stabilize after the Greek elections in the last week of a turbulent month. Has it bottomed out or is gravity here to pull it lower? PMI figures are the highlights of the first week of February. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. Anti-austerity SYRIZA

EUR/USD wedge – where will it break to?

EUR/USD wedge – where will it break to?

EUR/USD had a seemingly never-ending losing streak: 6 weeks of consecutive losses. During this time it traded under downtrend resistance. However, after the most recent dip, the pair made some kind of correction, and this is downtrend support. So, the pair is trading in this nice triangle that is not symmetric in the length of the lines, but

Forex Weekly Outlook Feb. 2-6

Forex Weekly Outlook Feb. 2-6

The dollar experienced a mixed week, in which its gains were focused against commodity currencies. The focus is on the US with a full buildup to the Non-Farm Payrolls, but also rate decisions stand out. These are forex market movers for this week. Check out these events on our weekly outlook US jobless claims plunged 43,000

Mo’ Dollars, Mo’ Problems

Mo’ Dollars, Mo’ Problems

In 1971, U.S. Secretary of the Treasury John Connally told a group of visiting finance ministers; “the dollar is our currency, but it’s your problem”. It’s 2015, and his words remain accurate – exchange rates across the planet are plumbing multi-year lows today as interest differentials shift further in the dollar’s favour. While the Federal

Canadian GDP falls 0.2% – USD/CAD shoots above 1.27

Canadian GDP falls 0.2% – USD/CAD shoots above 1.27

Another big disappointment from Canada: the economy squeezed by 0.2% in November, much worse than expected. Canada is unique in releasing GDP numbers on a monthly instead of a quarterly basis. Year over year, output grew 1.9%, below 2.1% predicted. USD/CAD is shooting above 1.27. Update: the pair already reaches 1.2770. This is not the first disappointment