EURUSD Weekly Analysis – March 29, 2015
EURUSD stays in the downward price channel on daily chart, and remains in downtrend from 1.3993 (May 8, 2014 high), the rise from 1.0462
ETF
More Countries Say To Join China-led AIIB
The AIIB has drawn a cool response from the United States, despite which European US allies including Britain, France, Germany and Italy have already announced they would join the bank.
AUDUSD Weekly Analysis – March 29, 2015
After touching 0.7912 resistance, AUDUSD pulled back into the trading range between 0.7560 and 0.7912, indicating that the pair remains
Natural Gas Breaking Down
Whilst fundamentals and weather play a huge role in driving the price action for natural gas, the technical picture is now increasingly taking center stage as we move into the warmer months of the year and the commodity responds accordingly.
GBPUSD Weekly Analysis – March 29, 2015
GBPUSD’s bounce from 1.4634 extended to as high as 1.5162.
CNPC’s Oil Project In Xinjiang Welcomes Investors
The resource-rich Xinjiang Uygur autonomous region in western China will become the center of state-owned energy companies’ reform this year with the launch of a pilot project by the country’s biggest oil and gas producer in the area.
Nasdaq Lists The Global X SuperDividend REIT ETF
Nasdaq Offers Features to Help Reduce Interest Rate Risk and Diversify Portfolios
Europe Likely To Send Hot Money To China
Dramatic monetary policies in Europe have lots of potential to create a new surge of hot money inflow into China, says Simon Derrick, chief currency strategist at the Bank of New York Mellon.
Cable In Focus As We Await BOE
Market focus this morning returns to the more mundane, namely the BOE inflation report and press conference with Gov Mark Carney, and it will be interesting to see whether Cable can continue to build on its recent platform of support in the 1.5 region.
EURUSD Daily Analysis – February 11, 2015
EURUSD is in consolidation of the downtrend from 1.2569 (Dec 16, 2014 high). Range trading between 1.1097 and 1.1650 is possible over the next several days.