USD/JPY: pair declined
Current trend
Last week, the Japanese Yen gained support when the Bank of Japan decided to keep monetary policy unchanged. BoJ Governor gave a generally favorable outlook of the country’s economy.
At present, the USD/ JPY pair still tends to continue declining...
XAU/USD: general analysis
Current trend
After a strong growth at the beginning of the week, the price of gold declined and was ranging between 1080.68 and 1071.79 on Tuesday. At present, the price remains in the area of 1073.85 and might start correcting up to this week high 1081.60...
XAG/USD: growth impulse getting weak
Current trend
Yesterday, Atlanta Fed President Dennis Lockhart said a hike in US interest rates is seen as a start of a new period in US economic growth. US economy has a solid momentum going into 2016. He also noted the Fed might continue increasing rates...
EUR/USD: general analysis
Current trend
The single European currency is trading slightly up against the US Dollar. At present, the pair remains within the range of 1.0910-1.0930. Analysts suggest the USD will continue strengthening as the Fed has started tightening US monetary policy. ECB...
GBP/USD: important statistics
Current trend
Important data on the UK economy is expected during the week.
Tomorrow data on the Current Account is due. According to forecasts, in November the budget deficit increased by about 4.7 billion Pounds. On Wednesday, data on the third quarter GDP...
USD/JPY: BoJ loose monetary policy
Current trend
At the meeting on Friday, the Bank of Japan decided to keep its monetary policy mostly unchanged. BoJ Governor stated the Regulator aims at achieving an inflation rate of 2 per cent; however, much depends on the price of oil. Therefore...
Dear clients,
Please note the forthcoming changes to the company's working hours during the Christmas and New Year holidays.
25.12.2015 – the company's all departments and services are closed, trades are not conducted.
31.12.2015 – the company's all departments and services close at...
XAU/USD: general analysis
Current trend
On Thursday, the XAU/USD pair was falling, being under pressure from the Fed’s decision to increase the interest rate to 0.5 percent from 0.25 percent. Having lost more than 2500 points, the price for gold was moving down towards its year lows, reached...
USD/CAD: review and forecast
Current trend
During yesterday’s session, the pair significantly grew.
The pair was supported by strong data on the US labour market, where the number of Initial Jobless Claims fell from 282 to 271 thousands, against a forecasted decline to 275 thousands. In...
AUD/USD: in contracting triangle
Current trend
Yesterday, the Federal Reserve raised US interest rates. This decision confirms the Fed is confident that US economic recovery is sustainable and suggests the Regulator has a favorable outlook for the global economy.
RBA, in its turn, is...
EUR/USD: general analysis
Current trend
The single European currency continues declining against the US Dollar. The main factor which affects the EUR/USD pair is the Fed’s decision to raise interest rates by 0.25 points. Moreover, Fed Chair Janet Yellen stated that more rate hikes are...
EUR/USD: waiting for Fed meeting
Current trend
Yesterday the pair fell and lost about 150 points, which was the result of a publication of strong data in the US. The Consumer Price Index grew to 0.5% that was 0.1% higher than forecasts. Today attention of traders is focused on the Fed meeting...
GBP/USD: general analysis
Current trend
Yesterday, the British Pound declined against the US Dollar. The pair was under pressure amid the publication of favorable statistics on Redbook index which grew by 1.5% from the previous 1.9%. Consumer Price Index was up by 0.5% that is 0.1% above the...
USD/JPY: pair returned to growth
Current trend
Yesterday the USD/JPY pair significantly strengthened. Trading in the pair was very volatile due to a large number of macroeconomic publications that was coming out and approaching US Fed meeting at which, as expected, the regulator will...
USD/CAD: review and forecast
Current trend
On Monday, the USD/CAD pair hit its highest levels in more than 11 years. The demand for the US Dollar is strong ahead of the Fed meeting. The Canadian Dollar, in its turn, is under enormous pressure from falling oil prices.
Most investors expect a...
AUD/USD: general review
Current trend
Since the beginning of the week, the pair is growing.
Today the pair was supported by strong data from Australia. New Motor Vehicle Sales for November grew to 6%, while the House Price Index came out in line with forecasts at 2%. At the same time, the...
AUD/JPY: pair resumed its decline
Current trend
The AUD/JPY pair has declined from its local lows, reached in the first week of December. The Japanese currency has gained support form speculations over the upcoming Fed meeting. Though a hike in US interest rates is forecasted, investors...
EUR/USD: general analysis
Current trend
The Fed holds its finial meeting of the year on Wednesday. Many market participants expect a hike in US interest rates, so if the forecast is confirmed, the European currency is likely to weaken.
However, as long as inflation has not reached the target...
EUR/USD: general analysis
Current trend
The Fed holds its finial meeting of the year on Wednesday. Many market participants expect a hike in US interest rates, so if the forecast is confirmed, the European currency is likely to weaken.
However, as long as inflation has not reached the target...
USD/JPY: review and forecast
Current trend
Having opened this trading day with a growth, the US Dollar started declining in the European session. However, later on, an upward dynamics resumed. The American currency is strengthening amid a fall in oil and precious metals prices.
Recently, BOJ...