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Market News May 8: Asian session Asian stock markets rose on Thursday, supported by the Fed’s Yellen dovish comments and upbeat Chinese trade data that suggest some signs of stabilization economy. China trade surplus increased from 7.7B to 18.5B in April. There are signs of tensions in...

Forex Analytics 7 May 2014 EUR/USD: what to expect? Kira Iukhtenko, FBS EUR/USD made another bullish move on Tuesday, hitting $1.3950. The greenback lost most of its shine on the back of the falling US yields. On Wednesday the market is consolidating the yesterday’s growth and waiting for the...

Forex Analytics BNP Paribas lowered EUR/USD forecast Strategists at BNP Paribas have revised down their Q2 EUR/USD forecast from 1.3700 to 1.3500. "Consistent with our economists’ forecasts for a deposit rate cut in June and acknowledging that the ECB’s recent FX rhetoric has limited...

Market News May 7: American Session Tatiana Norkina, FBS analyst The U.S. dollar weakened somewhat during today's speech of the head of U.S. Federal Reserve Dzh.Yellen. The correction stopped, and the index fell to the morning values in the area of 79.15, but the positive trend continues...

Forex Analytics T. Norkina: trade signals (May 7) T.Norkina, FBS analyst EUR/USD: buy – 1.3910; stop – 1.3890; target1 – 1.3950; target2 - 1.3975. USD/JPY: buy – 101.40; stop – 101.20; target1 – 101.80; target2 – 102.00. More: http://www.fxbazooka.com/en/analitycs/show/1472

Market News May 6th: American session Tatiana Norkina, an analyst at FBS Last month retail sales increase to 0.3% in Europe ( forecast : -0.2 %) contributed to today strengthen of EUR, while weakening of the U.S. dollar index at the same time, which is currently losing about 0.50 %, falling...

Market News May 6: Asian session Asian stock markets were mixed on Tuesday with MSCI Asia Pacific index adding 0.1%. Trading volumes remain low as markets in Japan, Hong Kong and South Korea are closed for holidays. Yesterday the markets were cheered up by the strong US ISM manufacturing...

Market News May 5: American Session Tatiana Norkina, analyst at FBS Optimistic data on business activity in the U.S. over the past month has supported the U.S. dollar index today, which has managed to keep over the 79.50 support. Stock markets, on the contrary, have started the week with a...

Market News Opinion: US labor data not so good 5 May 2014 According to UBS, even though the US employment figures were much better than expected, the drop in unemployment rate was mainly due to falling participation, showing the continued slack in the US labor market. Economists don't think...

Market News CFTC: USD shorts declined Here are the essentials of the latest Commitments of Traders (COT) report, released on May 2 by the Commodity Futures Trading Commission (CFTC) for a week ended on April 29. According to the report, large traders and speculators decreased their overall...

Market News May 5: Asian session Asian markets took a turn lower on Monday as the HSBC survey showed China manufacturing fell for a 4th month in a row. The final reading for the HSBC Manufacturing PMI fell to 48.1 in April vs. expected 48.4 (reading below 50 indicates contraction). Markets...

Market News May 1st: American session Tatiana Norkina, an analyst at FBS Statistical data on the U.S. economy was mixed today. So, weekly statistics on applications for unemployment benefits were much worse than expected: 344 thousand vs. 319 thousand. In the same time, personal expenses...

Market News Apr. 30: American Session Tatiana Norkina, FBS analyst U.S. dollar today began to weaken against many world currencies before the publication of the report on inflation in the Euro zone. According to statistical data for the last month inflation was only 0.7% , instead of the...

Market News Terrible US GDP US published mixed statistics on Wednesday. Nonfarm payrolls by ADP came much better than expected: 220K versus forecasted 203K, March reading revised up to 209K. However, the main event of the day was the US Q1 GDP. Data came out MUCH worse than expected: economy...

Market News US GDP and the Fed in focus Mark Jensen, FBS Market volatility was pretty low at the beginning of the trading week: investors stayed cautious ahead of the news scheduled for the end of the week. The US intrigue will be partially disclosed on Wednesday. Pay special attention to...

Market News US GDP and the Fed in focus Mark Jensen, FBS Market volatility was pretty low at the beginning of the trading week: investors stayed cautious ahead of the news scheduled for the end of the week. The US intrigue will be partially disclosed on Wednesday. Pay special attention to...

Forex Analytics Trade signals from Danske Bank (Apr. 30) *Danske Bank applies trailing stop orders (moved together with the price) EUR/USD: Sell at 1.3825 with a target of 1.3762 and a stop at 1.3882 USD/JPY: Long at 102.60 with a target of 103.43 and a stop at 102.19 GBP/USD: Long at 1.6700...

Market News April 30: Asian session Asian markets traded mixed on Wednesday with the MSCI Asia Pacific index staying almost unchanged. Investors remain cautious before the FOMC monetary policy decision announcement in the US session and the US jobs data on Friday. Continuing tension in...

Forex Analytics Trade signals from Danske Bank (Apr. 29) *Danske Bank applies trailing stop orders (moved together with the price) EUR/USD: Long at 1.3820 with a target of 1.3967 and a stop at 1.3809 USD/JPY: Buy at 102.32 with a target of 103.43 and a stop at 101.79 GBP/USD: Long at 1.6700...

Forex Analytics T. Norkina: trade signals (Apr. 29) Tatiana Norkina, FBS analyst GBP/USD: buy – 1.6820; stop – 1.6800; target1 – 1.6860; target2 – 1.6890. USD/CHF: sell – 0.8790; stop – 0.8810; target1 – 0.8760; target2 – 0.8730. More: http://www.fxbazooka.com/en/analitycs/show/1461