USD/JPY: bears testing 4hr100 sma after Yellen's Q&A's

USD/JPY: bears testing 4hr100 sma after Yellen's Q&A's

USD/JPY sold off on a broadly weak dollar on the back of a dovish outcome in Yellen’s speech today and Q&A’s that are taking place at the Economic Club of New York.Yellen explained, in a nutshell that there are uncertainties that have prevented and will continue to prevent the Fed being able to confSee Original Article

Forex technical analysis: NZDUSD moves to new session highs

Yesterday I took a technical look at the NZDUSD – citing among other things- the 200 hour MA and how the price went up to that MA and backed off
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NZD/USD jumps and breaks above 0.6800

NZD/USD rose further after Wall Street opening bell and climbed above 0.6800 for the first time in a week. The pair peaked at 0.6807, the strongest since March 18. The pair remains near the highs, holding a strong bullish tone as the US dollar tumbles against commodity currencies despite the declineSee Original Article

WTI weaker, challenges $38.00 ahead of API

Crude oil prices are extending their weekly correction lower today, with the barrel of West Texas Intermediate testing the critical support at the $38.00 mark per barrel.WTI eyes on API, YellenPrices for the black gold remains on the negative note during the first half of the week despite the currenSee Original Article

Forex Broker FxNet Halts Bitcoin Support

Forex Broker FxNet Halts Bitcoin Support

Forex broker FxNet, which is based in Cyprus, has announced they will be removing Bitcoin from their list of supported trading instruments as of today.
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USD positions consolidated while EUR shorts reduced – Rabobank

Jane Foley, Senior FX Strategist at Rabobank, lists down the IMM Net Speculators’ Positioning as at 22 March 2016.Key Quotes• “Having declined for six consecutive weeks, USD positions consolidated ahead of the Easter break. USD longs are now back to levels held prior to the run up in positionsSee Original Article

EUR/USD struggles to extend gains above 1.12

Offered tone around US dollar has run out of steam with EUR/USD pair struggling to extend gains above 1.12 handle. Rejected at 1.1216Stop clocked a high of 1.1216 levels before surrendering gains to trade around 1.1195 levels. Dollar selling gained pace after Fed’s Williams stated the central bankSee Original Article

Treasury yields drop ahead of Yellen speech

Yields on the short duration and long duration treasury notes in the US fell amid talk of negative rates in the US and sliding oil prices. At the time of writing, 10-yr treasury yield in the US was down 1 basis point at 1.865%. The 2-yr yield, which mimics rate hike bets, was down more than 1 basis See Original Article

EMERGING MARKETS-Latam currencies weaken ahead of Fed's Yellen speech

EMERGING MARKETS-Latam currencies weaken ahead of Fed's Yellen speech

By Bruno Federowski SAO PAULO, March 29 (Reuters) – Latin American currencies weakened on Tuesday on lower commodity prices as investors awaited Federal Reserve Chair Janet Yellen’s speech later in…

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Mauritius' FSC delicenses forex broker FXPrimus

The Financial Services Commission (FSC) of Mauritius has revoked the licenses of forex broker FXPrimus, the regulator said on Monday. The FSC has
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USD CAD Forex Analysis Ahead of NFP and Oil Data

Hi invest divas and divos! A quick USD CAD forex analysis suggests the US dollar has found a new support versus the Canadian dollar. After starting
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Forex options hybrid

U-Now TVView forex options hybrid channel THINGS TO DO Study at Adelaide More Building Appeal More Postgraduate Postgraduate Certificate,
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EURUSD , GBPUSD , USDJPY and XAUUSD TA – March 29 2016

EURUSD , GBPUSD , USDJPY and XAUUSD TA – March 29 2016

EURUSD (1.11): EURUSD managed to close with a bullish engulfing candlestick pattern on the daily chart after nearly 6-days of losing streak.
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Japan Budget: Sales tax hike still on, focus on G7 – ING

James Smith, Economist in Developed Markets at ING Bank, explained that as Japan approved its FY2016 budget, PM Abe defied critics and announced that the 2017 tax hike will go ahead as planned. Key Quotes:”The move is widely considered to be negative for economic growth, following a hike in 2014 whiSee Original Article

Further ECB easing not ruled out – ECB’s Makuch

J.Makuch, ECB’s Council member and Governor of the Slovakian central bank, has argued that deposit rate cuts as tools are ‘exhausted’.In addition, Makuch also stressed that interest rates will remain at current levels for an extended period of time. For more information, read our latest forex See Original Article

Chile's Concha y Toro net profit up 15.7 pct in 2015

SANTIAGO, March 29 (Reuters) – Chile’s Vina Concha y Toro , one of the world’s biggest wine producers, said late Monday year-over-year net profit grew 15.7 percent in 2015, due to increased sales and…

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