Daily reviews

It is expected that GBP/USD will be traded at a higher level due to lack of trust by investors for US dollar and because of the demand for GBP as it is increasing against JPY. Level of resistance equals to 1.6418 (Friday maximum). If this level is breached, next level …

Disappointing non-farm monthly results

Traders were disappointed with non-farm payroll results. Expectations about the increase of the amount of new workplaces failed. According to the report there were 113000 new workplaces in non-farm sector against expected result of 189000. We hardly believe that US Federal Reserve will change the approach …

Expectations from the meetings of ECB and Bank of England

There will be high attention on the meetings of both European Central Bank and Bank of England. Sure, investors are thinking about possible outcomes, expectations and changes in economic strategies. First of all, we believe that Bank of England will …

According to one of the top-managers of Reserve Bank of Australia, downfall of Australian dollar is yet to be finished despite the fact that AUD was one of the weakest currencies last year. For the last several years it was Australian dollar which dominated over USD but AUD decreased by …

According to one of the top-managers of Reserve Bank of Australia, downfall of Australian dollar is yet to be finished despite the fact that AUD was one of the weakest currencies last year. For the last several years it was Australian dollar which dominated over USD but AUD decreased by …

Good data from the United States of America will have a positive impact on US dollar

There was a moderate USD correction earlier this week, but it can stop and might get new positive sign today if ADP Employment Report and Non-Manufacturing ISM Report on Business for January are good …

Low activity in the market as the lull before the storm

There was US dollar correction against all the major currencies on Monday in anticipation of important data and statistics which will be published between Wednesday and Friday. Not only USA economic statistics will be published, but also ADP Employment …

Australian dollar has everything for a sustained growth, even though the biggest bank in the country (The Commonwealth Bank of Australia) has decreased its’ forecast for AUD/USD. It is expected now that by the end of 2014 pair will be priced around 0.8400 instead of 0.8900, as it was predicted …

US dollar is still a favorite

US dollar is in the uptrend due to good overall statistics and willingness of US Federal Reserve to continue to cut incentives related to the buyback of government and mortgage bonds. Euro decreased by 1% due to weak inflation statistics from Germany and relatively …

The Fed's decision to start cutting economic stimulus due to the obvious improvement serves as a sentence for gold to rise. The main reason for the sharp increase in the price of "yellow metal" in 2007-08 was the beginning of the mortgage crisis in the United States and the overall …