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Forex Analytics Trading plan for Oct. 14 The European currency started the week in a positive mode with EUR/USD recovering from $1.2600 to $1.2700. The next question is whether this recovery will be long-lived. Note that Germany is due to release ZEW economic sentiment index at 09:00 GMT...

MARKET NEWS Oct. 13: MARKET REVIEW Risk sentiment: Asian stocks fell amid concern global growth is slowing. JPY, USD, CAD: bank holidays. AUD rose from almost 4-year minimum as China reported an unexpected pick-up in imports and better-than-forecast export growth. More...

Forex Analytics Trading plan for Oct. 10 US dollar remained weaker on Thursday after a day earlier the Fed released dovish FOMC meeting minutes. However, concerns about other economies – primarily the euro area – start to return, and demand for USD on Friday may be higher. EUR/USD reached...

MARKET NEWS Oct. 9: MARKET REVIEW Risk sentiment: Asian shares rose on dovish FOMC meeting minutes. USD: broadly weakened as the Fed was concerned about the downside risks to the global economy and USD’s strength, and investors pushed back bets for when the Federal Reserve will increase...

Forex Analytics Trading plan for Oct. 9 The main theme of Wednesday was risk aversion and concerns about global growth. Still EUR/USD bulls are trying to stick to the $1.2670 area as the market awaits the release of the FOMC meeting minutes (18:00 GMT) later today. Main resistance is located...

MARKET NEWS Oct. 8: key option levels FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most...

MARKET NEWS 8 October 2014 IMF reduced growth forecasts FXBAZOOKA.com – The International Monetary Fund reduced its global growth forecast for this year from 3.4% to 3.3%, warning of weakness in the euro zone, Japan and big emerging markets such as Brazil. The IMF sees a 30% chance that the...

MARKET NEWS Oct. 8: MARKET VIDEOREVIEW USD: Dovish comments of the Fed member Kocherlakota (“falling unemployment is no reason to raise rates”). Market is expecting the release of the FOMC minutes (18:00 GMT). EUR: Bundesbank President Weidmann criticizes ECB’s stimulus measures. GBP/USD...

MARKET NEWS Oct. 6: MARKET VIDEOREVIEW USD index at 4-year high on solid U.S. payroll gains, Japanese stocks bounced; Bank holiday in Australia and China; EUR, GBP, AUD: consolidate around the Friday’s close; NZD/USD dipped to $0.7710, but recovered; USD/JPY dipped to 109.50. More...

MARKET NEWS Oct. 6: MARKET REVIEW USD index at 4-year high on solid U.S. payroll gains, Japanese stocks bounced Bank holiday in Australia and China EUR, GBP, AUD: consolidate around the Friday’s close NZD/USD dipped to $0.7710, but recovered USD/JPY dipped to 109.50 More...

Forex Analytics 3 October 2014 EUR/USD: 12th week of declines EUR/USD fell for 12th week in a row. The meeting of the European Central Bank wasn’t a big market mover. President Mario Draghi said only that the ECB will start purchasing covered bonds in the middle of October, while ABS will be...

Forex Analytics Trading plan for Oct. 3 EUR/USD rose to $1.2690, but then returned down to $1.2650. The ECB kept rates unchanged. The most important piece of information from Mario Draghi’s press conference is that purchases of covered bonds will start in the middle of October, while ABS will...

MARKET NEWS 2 October 2014 What to expect from the ECB? The European Central Bank will announce its latest decision on rates and monetary policy at 11:45 GMT, with the ECB president Mario Draghi taking press questions 45 minutes later. Further rate cuts are very unlikely: the main...

MARKET NEWS Oct. 2: MARKET REVIEW USD: down on the speculation its recent gains have been too fast, and after weaker data from America released yesterday. AUD/USD: up to $0.8815 as Australian building approvals rose by 3.0% vs. 1.1% expected. AUD, NZD: property restrictions in China have...

Forex Analytics Trading plan for Oct. 2 EUR/USD was consolidating around $1.2600 forming lower highs and higher lows on the hourly chart. Euro’s under pressure before the ECB’s tomorrow meeting. The markets are nervous as the situation remains uncertain: the ECB has already done much, but so...

MARKET NEWS 1 October 2014 EUR: Barclays lowered growth outlook - Most euro area member states disappointed in Q2 with declines in Germany and Italy and stagnation in France. Although Germany is expected to return to moderate growth in the second half of the year, the situation remains...

MARKET NEWS 1 October 2014 GBP: Manufacturing PMI disappoints UK manufacturing PMI came at a 17-month low of 51.6 in August versus 52.6 forecasted. July reading was revised down to 52.2. Pace of UK growth is clearly slowing down in the second half of the year. GBP/USD dipped to $1.6160...

MARKET NEWS Oct. 1: MARKET VIDEOREVIEW Risk sentiment: Asian stocks fell because of continued civil unrest in Hong Kong. Chinese markets are closed for National Day. Chinese manufacturing data offered investors some relief with the official Purchasing Managers' Index was unchanged at 51.1 in...

Forex Analytics Trading plan for Oct. 1 EUR/USD fell to $1.2570 as the euro zone’s core inflation surprised to the downside. There are no signs that euro’s planning to stop its freefall, while US dollar enjoys broad strength. Support is at $1.2587, $1.2550 and $1.2500. Resistance is at...

MARKET NEWS Sep. 30: MARKET VIDEO REVIEW Risk sentiment: Most Asian markets softer amid uncertainty over Hong Kong. HSBC Final Manufacturing PMI for September revised down from the flash reading of 50.5 to 50.2. USD: pared its best quarterly gain since 2008 as technical indicators signaled...