Analytics

Forex News

Forex

EUR/USD now looks to 1.1180 – UOB Pablo Piovano

11:00 23 May /2016 Forex

In view of analysts at UOB Group, EUR/USD's downside could accelerate on a break below the 1.1180 region in the near term.

Key Quotes

“Momentum indicators continue to deteriorate and the prospect for the current bearish phase to extend lower to the next key level at 1.1140/45 is not high”.

“Unless there is a clear break below 1.1180 within these couple of days, a move back above the stop-loss at 1.1295 (adjusted lower from 1.1320) is enough to indicate that a short-term low is in place”.

to other news

all news
Australian Oct trade position was materially weaker than expected - Westpac

Andrew Hanlan at Westpac notes his afterthoughts following the release of Australian trade deficit figures, which disappointed widening by $0.2bn to $1.5bn. Exports came in at +1.4%, while imports at+2.3%.Key Highlights:For October, the trade position was materially

05:00 08 December /2016 Forex

New Zealand BPS – “Surprise” is in bond buying program – ANZ Research

ANZ Research takes note of the surprise offered by the New Zealand budget statement in its report on ‘2016 Half-Year Economic and Fiscal Update (HYEFU) and 2017 Budget Policy Statement (BPS).Key quoteAlthough most (including us) assumed the hit from the Kaikoura quake would lead to

05:00 08 December /2016 Forex

NZD/USD peeps above 0.72 after Fonterra boosts payout forecast

The NZD / USD rose to an Intraday high of 0.7211 after reports hit the wires that Fonterra has boosted the forecast payout to farmers by 50 cents to $6.40 a kilo of m

04:46 08 December /2016 Forex