GBP?USD Analysis : Range Breakout This Week

The GBP/USD has displayed a bullish tone since the start of the year to build upon the strong momentum that was seen during 2013. We look at the fundamental and technical factors that could affect near term price action.

Continue Reading...

AUD/JPY: Italian Uncertainty, Debelle’s Comments Weigh on the Aussie

A combination of factors is presumed to weigh on the Australian dollar opposite the Japanese yen today. At the forefront are renewed concerns over the Euro Zone as

USD/CAD: Loonie Falters on Grim Signs for the Canadian Economy

The Canadian dollar is presumed to succumb further to the US dollar today on views that the Canadian economy stalled at the end of 2012, putting pressure on

AUD/JPY: Fed Minutes Weigh on the Aussie

The Australian dollar is foreseen to give up further ground alongside the Japanese yen today as the minutes of the Federal Reserve’s latest meeting suggested that policymakers are

USD/JPY: Yen Under Pressure as BOJ Minutes Discuss Further Easing Options

The Japanese yen is deemed to maintain its decline opposite the Australian dollar today after minutes of the Bank of Japan’s rate review revealed additional options for expanding

USD/CAD: Disappointing Factory Sales Report Continuing to Weigh on the Loonie

The Canadian dollar is deemed to maintain its weakness opposite the US dollar today as Canadian manufacturing sales registered the largest decline since the Great Recession due mainly

EUR/GBP: Pound to Gain on Expected Rebound in Retail Sales

The Euro is believed to sustain yesterday’s losses alongside the British pound as the Euro area recession deepened more than forecast in its worst performance in almost four

EUR/USD: Expected Rise in Industrial Output to Lift the Euro

European Central Bank President Mario Draghi’s remarks in the Spanish parliament yesterday are believed to lift the Euro opposite the US dollar today. Draghi expressed confidence that Spain

AUD/JPY: Aussie Remains Supported as Business Confidence Holds Up

The Australian dollar is deemed to sustain yesterday’s rise opposite the Japanese yen as a report showed Australian businesses remain cautiously confident amid improvements in the global economy

EUR/JPY: Euro Buoyed by Positive Signs of Euro Zone Recovery

The Euro is deemed to outclass the Japanese yen today as signs continue to emerge that worst of the Euro Zone crisis has passed. A business survey suggested