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    Forex » Daily Commentary | 01/04/15
    IronFX - April 1, 2015, 10:03 GMT

    • USD lower despite more hawkish Fed comments The dollar was largely lower against both the G10 and EM currencies despite more hawkish comments from Fed officials and slightly higher rate expectations. Richmond Fed President Lacker said the Fed should raise rates in June, while Kansas City Fed President George said “the sooner we do

  • JFD Brokers UUIIFXBR

    The dollar was mixed against its G10 counterparts during the European morning. The best performing major currency was GBP while NZD recorded the major losses against the USD. The euro continued its decline against its main rivals on Tuesday as the discussions for the Greek economy are still on the table after the last Eurogroup.

    Forex » Euro’s April Fool
    Fx Pro - April 1, 2015, 09:52 GMT

    Markets looks to be making an inauspicious start to the second quarter after a first quarter that ended on a risk averse note, certainly for equity markets and to some degree the Yen. The stand out from Q1 was the euro which suffered its worst quarter on record against the dollar for many reasons that

  • XM Markets UUIIFXBR

    China's factory sector showed more activity in March according to a Purchasing Managers' Index (PMI) survey. The index unexpectedly rose from February’s 49.9 to 50.1 in March according to data released on Wednesday by the National Bureau of Statistics in China. The data suggested that stimulus measures used by the Chinese government have been helping bolster the manufacturing sector in the world’s

  • XM Markets UUIIFXBR
    Forex » FX Daily Outlook
    XM Markets - April 1, 2015, 07:45 GMT


  • XM Markets UUIIFXBR

    EURUSD bounced from Tuesday’s low of 1.0712, pausing the recent 4-day decline from 1.1051. The daily tenkan-sen line crossing above the kijun-sen line indicates some consolidation in in play. Upside is limited by solid resistance at the March 26 high of 1.1052. This is also the 61.8% Fibonacci retracement level of the downleg from 1.1449 to 1.0461. The January 26 low of

  • XM Markets UUIIFXBR

    The US dollar was broadly weaker in the Asian session, while the Australian dollar received a boost after forecast-beating Chinese manufacturing PMI data. The greenback fell back below the key 120.00 yen level after a disappointing Bank of Japan Tankan report hurt the Nikkei stock exchange. As a result, the yen gained on risk aversion. The dollar touched a low of 119.40


    China’s manufacturing Purchasing Managers’ Index (PMI) rebounded in March, reaching a seven year high after being boosted by stimulus. Most forecasts were for a contraction. The official PMI figure came

    Forex » Dollar broadly weaker
    FXTM - April 1, 2015, 05:56 GMT

    USD/JPY fell early in the Asian session from 120.15 through yesterday’s low of 119.78 and then to 119.42. A drop in the Nikkei after the not-so-satisfactory Bank of Japan Tankan


    EURUSD H4 Resistance 1.0812 1.0894 1.0943 Support 1.0681 1.0631 1.0550 Primary Scenario EURUSD has bottomed at 1.0713, before retracing above the daily pivot point at 1.0762. Further correction of the