Berita Forex

Berita Forex

kalender event


GBP/JPY rises again to test 128.00 Matías Salord

GBP/JPY is rising on Wednesday erasing yesterday’s losses. It is back near the key short-term resistance located around 128.00. On Tuesday the pair finished lower after reversing from the highest level in almost a week at 127.93 and dropped to 126.60. Today it gained momentum during the European session and extend gains on American hours. Recently it printed a f...

19:46 26 October /2016 Forex

EUR/USD upside scope limited - Scotiabank Ani Salama

There is no clear reason for EUR/USD’s gains over the past 24 hours other than position adjustment., according to Scotiabank Strategists. They expect gains to fade around the mid 1.09s.Key Quotes“Eurozone data reports reflected stronger consumer confidence in Germany and Fr...

19:24 26 October /2016 Forex

USD/CAD falls to 1.3310 on EIA report and rebounds

USD/CAD dropped quickly to 1.3313, hitting a fresh daily low but then it bounced to the upside, easing most of the losses. The pair was trading around 1.3365 and dropped sharply to the lows after the release of EIA crude oil inventories report that showed a decrease of more than 0.553 million barrels during last week versus a forecast of an increase by nearly 1....

18:47 26 October /2016 Forex

US: New home sales upward trend still in place despite revisions - Wells Fargo Matías Salord

According to analysts from Wells Fargo, the New Home Sales report in the US beat estimates, but they warned about revision’s numbers. They see the upward trend in new home sales still in place. Key Quotes: “Besting estimates, new home sales rose an unexpected 3.1 percent in September to a 593,000 unit annual  pace. On net, revisions show sales over the past three months were 85,00...

18:46 26 October /2016 Forex

WTI reverts the drop, tests $50.00 on EIA Pablo Piovano

Crude oil prices have abruptly trimmed most of its daily losses following today’s report from the EIA, lifting the barrel of WTI back to the vicinity of $50.00.WTI rebounds from sub-$49.00 levelsPrices for the barrel of West Texas Intermediate are quickly gathering steam after the EIA’s reported crude oil supplies have decreased by more than 0.553 million barrels ...

18:01 26 October /2016 Forex

EUR/USD pushes higher, but capped by 10-DMA Ani Salama

EUR/USD pushed higher and made fresh highs for the day at the beginning of the New York session but pulled back amid a string of mixed US data.EUR/USD reached a peak of 1.0945 but the upside was limited by the 10-day SMA acting as dynamic resistance. The pair retreated to the 1.0930 zone, where it was trading still 0.4% above its opening price.U...

18:01 26 October /2016 Forex

US new home sales rise to 593,000 in September after August drop

  US new home sales increased 3.1% in September from the prior month to a seasonally adjusted annual rate of 593,000, the Commerce Department said Wednesday.Market expectations were for 600,000 new home sales. August sales were revised down to a 575,000 pace from an earlier estimate of 609,000, that is a 8.6%...

17:37 26 October /2016 Forex

US trade deficit in goods shrinks to $56.1B in September

  The international trade deficit was $56.1 billion in September, down $3.1 billion, or 5.2%, from $59.1 billion in August, the US Census Bureau said Wednesday.The reading came in above expectations of a $60.6 billion deficit. Exports of goods for September were $125.6 billion, $1.1 billion more than August e...

17:37 26 October /2016 Forex

US: advance wholesale inventories up 0.2% in September

Wholesale inventories for September in US, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $590.7 billion, up 0.2% from August 2016, and virtually unchanged from September 2015.The July 2016 to August 2016 percentage change was revised from -0.2 % to -0...

17:37 26 October /2016 Forex

US: Markit services PMI rises to 54.8 in October

  Adjusted Markit Flash US Services PM Business Activity Index signalled a robust expansion of service sector output in October.The Services PMI gauged by Markit rose to 54.8 in October, according to a preliminary estimate, above the 52.3 of consensus and expected.“The latest reading was the highest since Nov...

17:37 26 October /2016 Forex

US Dollar drops further near 98.40 post-data

The daily correction in the greenback remains well and sound on Wednesday, now sending the US Dollar Index to test lows near 98.40.US Dollar weaker post-dataThe index failed to gather further traction after mixed results from the US docket showed Markit’s Services PMI coming in above estimates for the month of October, w...

17:37 26 October /2016 Forex

USD/JPY heading back towards session high Haresh Menghani

A fresh bout of US Dollar buying interest has emerged in the past hour of trading, with the USD/JPY pair now heading back towards the top end of daily trading range.Currently trading around 104.30-35 region, the release of stronger-than-expected US services PMI

17:36 26 October /2016 Forex

Gold finds support near $1,270, US data eyed Pablo Piovano

The ounce troy of the precious metal is slightly lower on Wednesday, looking to extend the bounce off daily lows in the $1,270 area.Gold upside capped near $1,280The yellow metal is fading part of yesterday’s advance, so far managing to keep the trade around the key 200-day sma at $1,275 although gains appear capped near daily highs in the proximity of $1,280.The now softer tone i...

17:36 26 October /2016 Forex

US: Growth in Federal spending and the policy mix - BBH Sandeep Kanihama

Research Team at BBH, suggests that the US policy mix is changing as the trajectory of fiscal policy is toward more stimulus, while the trajectory of monetary policy is toward less.  Key Quotes“That policy mix, expanding fiscal policy and less accommodative monetary policy is typically associated with an appreciating currency.There are two big examples of ...

17:36 26 October /2016 Forex

Australia: Q3 CPI inflation is still low, but RBA to remain on hold - HSBC Sandeep Kanihama

Research Team at HSBC, suggests that today's Australian Q3 CPI inflation numbers, once again, showed underlying inflation running below the bottom edge of the RBA's 2-3% target band.Key Quotes“The trimmed mean was in line with the market expectation, running at 0.4% q-o-q and 1.7% y-o-y, while the RBA's other preferred underlying measure, the weighted median surprised to the downs...

17:36 26 October /2016 Forex

US: Where could consensus be surprised on GDP growth? – Deutsche Bank Sandeep Kanihama

Research Team at Deutsche Bank, notes that the US September retail sales were much weaker than consensus expectations, and there was a downward revision, as well.Key Quotes“Retail control, a subsector of the retail sales report that excludes food services, automobiles, building materials and gasoline sales, was up just 0.3% at an annualized pace last quarter. This was the worst qu...

17:36 26 October /2016 Forex

US stocks open in red, sharp slide in oil prices weigh Haresh Menghani

Major US equity indices opened sharply lower on Wednesday as investors turned cautious amid a sharp slide in oil prices and disappointing earnings results from some big-names. At open, the Dow Jones Industrial Average lost around 75 points and dipped below 18,100 mark. Meanwhile, the broader S&P 500 index fell 8 points to 2,135 and tech-heavy Nasdaq Composite index dropped ov...

17:36 26 October /2016 Forex

AUD/USD trims CPI-led strong gains Haresh Menghani

The AUD/USD pair trimmed upbeat Australian CPI-led gains beyond 0.7700 handle and has now retraced nearly 50-pips from session peak.Currently trading around 0.7670-75 region, the pair seems to have digested stronger-than-expected Australian CPI print for the third quarter of 2016, dampened expectations of an immediate monetary easing by RBA. Mean...

17:36 26 October /2016 Forex

USD/CHF on the verge of breaking below 0.9900 handle Haresh Menghani

The offered tone around the USD/CHF pair seems to have gained momentum during early NA session and the pair dropped to a fresh weekly low level. Currently trading at session low around 0.9905 region, spot prices extended Tuesday's reversal from parity mark amid ongoing profit-taking slide around the greenback. However, given market expectations o...

17:36 26 October /2016 Forex

GBP/USD firmer above 1.2200, US data eyed Pablo Piovano

The Sterling has recovered the smile on Wednesday, now sending GBP/USD to the 1.2200 neighbourhood after climbing as high as the vicinity of 1.2230.GBP/USD supported at 1.2080, looks to US resultsSpot has returned to the positive territory today after finding strong support near 1.2080 on Tuesday.The persistent selling bias surro...

17:36 26 October /2016 Forex