Tag Archives: Gold

FX Daily

Market movers today * In the data calendar the main events are the releases of flash PMIs for the euro area, Germany and France.

Daily Technical Report

EUR/USD has breached the resistance at1.3548 (see also the broken rising channel), buthas thus far failed to hold above it, suggesting apotential false breakout.

FX Daily

Market movers today * In the data calendar focus will mainly be on a number of US data for October.

EUR/USD continues to grind higher afterhaving successfully tested its recent low at1.3296 (see also the 50% retracement). Monitorthe test of the resistance at 1.3548 (see also thebroken rising channel).

FX Daily

Market movers today * Financial markets will again be looking for clues about timing of tapering and possible strengthening when Fed chairman Ben Bernanke speaks late tonight.

New Financial Forecasts

Norway: We expect Norges Bank to cut rates by two times 25bp next summer. There will however not be any such signals at the upcoming MPC meeting in December.

Daily Technical Report

EUR/USD continues to grind higher afterhaving successfully tested its recent low at1.3296 (see also the 50% retracement). Aresistance stands at 1.3548 (see also the brokenrising channel).

FX Daily

Market movers today * Today there might be focus on the political situation in Italy after Silvio Berlusconi’s Freedom Party officially split during the weekend.

Weekly Economic & Financial Commentary

U.S. Review: A Little Less Shine on the Data * The trade gap increased more than expected in September as exports slipped 0.2 percent and imports rose 1.2 percent.

Weekly CFTC Trader Positioning Data

USD BULLS GAIN GROUND Sentiment is growing increasing bullish USD; but with the exception of EUR and

Daily Technical Report

• EUR/USD is bouncing after having successfully tested its recent low at 1.3296 (see also the 50% retracement). A resistance stands at 1.3548 (see also the broken rising channel).

FX Daily

Market movers today * The final euro inflation figure will be interesting after the flash estimate dropped to 0.7% and the ECB cut the refi rate.