Asian Shares Mixed After Encouraging China GDP Data

Major share benchmarks were mixed in Asia on Wednesday after China announced its economy grew at a better than expected 6.4% annual pace in the last quarter. Japan's Nikkei 225...

Euro Rejects 1.13, Bears Remain in Control But…

On a fundamental basis, there is very little reason to be bullish euros. The economy is weakening, German Bundesbank President Jens Weidmann warned last week that growth in the Eurozone's...

USD/CAD Daily Technical Analysis – 16 April 2019

For the second day in a row, the USD/CAD pair is turning up to the resistance level at 1.3402 at the time of writing, after a recent bearish correction...

China Plays Down India’s Reported Plan to Boycott 2nd Belt and...

China on Monday played down India's reported plans to boycott the upcoming 2nd Belt and Road Forum (BRF), saying India may have misunderstood the Belt and Road Initiative (BRI)...

Converse Bank Launched Initial Placement of Next Dram and Dollar Bonds

ArmInfo. Converse Bank announced the next placement of AMD bonds in the amount of 1 billion drams and $ 10 million in dollars. These will be the 7th and...

EUR/JPY Daily Technical Analysis – 16 April 2019

Before the release of the German ZEW index results, the EUR/JPY pair is establishing bullishly on the resistance at 126.67, and for sessions tried to break above 126.78, on...

USD/JPY and AUD/USD Forecast – 16 April 2019

USD/JPY The US dollar went back and forth against the Japanese yen in a relatively quiet trading on Monday. The market continues to struggle with the idea of where to...

EUR/USD and GBP/USD Forecast – 16 April 2019

EUR/USD The Euro rallied a bit during the trading session on Monday initially, but then turned around to form a bit of a shooting star out the 1.13 level and...

Economic Data Calls for April 17, 2019

Here’s what we are looking for in tomorrow’s economic reports (April 16, 2019) — Good Luck Trading! 1. NZ CPI (18:45 ET) Bullish NZD -- Potential upside surprise given stronger...

Aussie Under Pressure as RBA Hints at Ease

Market Drivers April 16, 2019 RBA Minutes discuss a cut UK Labor data in line Nikkei 0.24% Dax 0.73% Oil $63/bbl Gold $1284/oz. Europe and Asia: AUD RBA minutes hint at easing GBP UK Wages 3.5% vs....

EUR/JPY Daily Analysis – 15 April 2019

Expectations are for quiet moves today under an empty economic calendar. Overall, the confirmation of the negotiation parties in resolving the vicious trade dispute between the US and China,...

USD/JPY and AUD/USD Forecast – 15 April 2019

USD/JPY The US dollar has rallied quite nicely against the Japanese yen during trading on Friday, breaking above the ¥112 level. We are on the verge of a major break...