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Strong German retail sales suggest a strong start for the economy - DB

FXStreet (Barcelona) - Oliver Rakau, Economist at Deutsche Bank, reviews the German retail sales data, noting that the strong numbers suggest a strong start to the German economy in 2015, supporting the 0.5% qoq Q1 GDP forecast.

Key Quotes

10:23 04 March /2015 Forex

US indices suffer deep losses “ TechTrader

FXStreet (Barcelona) - Harry Boxer of The Technical Trader, summarizes the performance of US Indices in the American session, mentioning that Dow, S&P 500 and Nasdaq 100 ended negative after suffering st...

10:23 04 March /2015 Forex

GBP/USD sidelined near weekly lows at 1.5345

FXStreet (Mumbai) - GBP/USD extended its downward trajectory in to the European early morning and remains below 1.54 threshold as markets turned risk averse ahead of services PMI reading.


10:23 04 March /2015 Forex

RBI surprises with second early rate cut by 25bps

FXStreet (Mumbai) - The Reserve Bank of India (RBI) cut its repo interest rate by 25 basis points to 7.5% on Wednesday, in its second move this year outside official policy meetings on the back of easing inflation and what it said was "weak state" of parts of the economy.<...

10:23 04 March /2015 Forex

Australian Q4 GDP meets expectations “ TradeTheNews

FXStreet (Barcelona) - The TradeTheNews Team reviews the Australian Q4 GDP data release and shares the reaction by AUD post the as-anticipated print.

Key Quotes

œAustralia Q4 GDP ...

10:23 04 March /2015 Forex

EUR/JPY modestly bullish over the medium-term “ Rabobank

FXStreet (Barcelona) - With ECB™s QE right on the corner, and BoJ expected to ease further, Jane Foley, Senior Currency Strategist at Rabobank expects EUR/JPY to remain steady for now, but move modestly higher over the medium-term.

Key Quotes

œBoth the...

10:23 04 March /2015 Forex

Gold looking to re-test $1215.15 “ FXStreet

FXStreet (Barcelona) - FXStreet Editor and Analyst, Dhwani Mehta, gives the technical outlook for XAU/USD, expecting the pair to re-test the 100DMA at 1215.15 levels.

Key Quotes


09:46 04 March /2015 Forex

Gold lifted ahead of US Jobs data

FXStreet (Mumbai) - Gold prices on Comex edged higher to fresh highs in the late-Asian session as sliding global equities and subdued US dollar raised the alternative asset demand for gold, pushing prices highe...

09:46 04 March /2015 Forex

Asia Recap: Aussie stuck in range post Aus GDP

FXStreet (Bali) - The Australian Dollar traded in a semi-firmer tone in Asia, bouncing off day lows on an slightly lower Australian Q4 GDP print, giving back most of its Asian gains as we head into Europe, with the Yen mostly weaker.

AUD/USD saw a withdraw of liquidity towards 0.78 sup...

09:23 04 March /2015 Forex

Nikkei extends losses on stronger yen

FXStreet (Mumbai) - The Japanese equities index opened with a sharp negative gap of 100 points and extended losses tracking the weak cues overnight from Wall Street and also a stronger yen dented investors™ sentiments.

The benchmark 09:23 04 March /2015 Forex

NZD/USD bullish towards 0.7650 “ UOB Group

FXStreet (Barcelona) - Analysts at UOB Group, maintain a bullish view on NZD/USD as long as the pair trades above 0.7500.

Key Quotes

œThe trailing-stop for our bullish NZD view at 0.7500 continues to hold and as long as this level is intact, we cannot rule out anoth...

09:00 04 March /2015 Forex

EUR/JPY retesting lows at 133.60 levels

FXStreet (Mumbai) - EUR/JPY edged lower during the mid-Asian session, extending losses from the previous session largely on the back of yen strength across the board.

EUR/JPY capped by 5-DMA

08:46 04 March /2015 Forex

EUR/USD: To retest trend low at 1.1097 - FXCharts

FXStreet (Bali) - According to Jim Langlands, Founder at FXCharts, the EUR/USD looks poised to trade range-bound today, ahead of Thursday's ECB and Friday's NFP, with the Analyst expecting the pair to eventually head lower towards the trend low at 1.1097.

Key Quotes

08:46 04 March /2015 Forex

USD/JPY bid on dips below 120.00 “ OCBC

FXStreet (Barcelona) - Emmanuel Ng of OCBC Bank, views that dips below 120.00 would be a good opportunity to buy USD/JPY into the US data releases later in the day.

Key Quotes

œDespite rate differential movements, USD-JPY slipped on Tuesday after official Japanese rhet...

08:46 04 March /2015 Forex

RBA: Unusual dovish guidance - RBS

FXStreet (Bali) - Greg Gibbs, FX Strategist at RBS, notes that the RBA took the unusual step yesterday of giving clear guidance that a rate cut in likely in coming meetings.

Key Quotes

"The RBA held rates steady yesterday, but took the unusual step of giving clear guidance...

08:46 04 March /2015 Forex

Falling volatility slowing EUR/USD decline “ Kshitij Consultancy

FXStreet (Barcelona) - Analysts at Kshitij Consultancy, view that the low and falling volatility might slow the downslide for EUR/USD towards 1.1045.

Key Quotes


08:46 04 March /2015 Forex

USD/JPY well bid above 119.50

FXStreet (Mumbai) - The Japanese yen defend mild gains against the US dollar in the mid-Asian session, as the safe haven asset continues to ride higher on Japanese wage growth data, while traders gear up for the US ADP employment change figures due out later today.

USD/JPY bounces-off 119.50 le...

07:46 04 March /2015 Forex

NZD/USD steadies above 0.7550

FXStreet (Mumbai) - The New Zealand dollar trimmed gains and traded moderately higher against its US counterpart, pulling away NZD/USD from fresh session highs, moving in tandem with the Australian dollar.

07:23 04 March /2015 Forex

HSBC China services improves in February

FXStreet (Bali) - HSBC China Services PMI data pointed to a further increase in Chinese business activity in February, coming at 51.8, up from January™s recent low of 51.0, HSBC reports.

Commenting on the China Services and Composite PMI™ data, Annabel Fiddes, Economist at Markit said: œTh...

06:23 04 March /2015 Forex

Fed's Chair Yellen makes no comments on monetary policy

FXStreet (Bali) - Federal Reserve's Yellen crossed the wires, talking about bank regulation and supervision to the Citizens Budget Commission's Annual Awards Dinner, making no references on monetary policies.

Main headlines

Says brazenly unlawful behavi...

06:00 04 March /2015 Forex

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