
Dec 04, 2015 13:30 pm UTC| Commentary
Energy pack is mixed, while oil is up, gas is in red today. Weekly performance at a glance in chart table. Oil (WTI) - WTI is up over weaker Dollar. OPEC is holding its meeting in Vienna today. Todays range...

FxWirePro: Gold outlook – correction might reach $1090/ troy ounce area
Dec 04, 2015 12:50 pm UTC| Commentary
Weak Dollar since yesterday, after European Central Bank (ECB) disappointed big time over stimulus has been good for gold and gold seems to be in a position to gain further over weak Dollar. Todays NFP would be critical...
Germany likely stabilizing in manufacturing
Dec 04, 2015 12:44 pm UTC| Commentary
German manufacturing orders climbed by 1.85% in October, after several months of weak data. The demand from outside the euro zone is an important factor, which appears to be stabilized after summers sharp decline.It is...
Strong NFP could provide some support to Dollar
Dec 04, 2015 12:23 pm UTC| Commentary
Today NFP report is to be published at 13:30 GMT from US. What is NFP report? NFP or non-farm payroll report is the monthly statistics on labor condition in the US released by US department of labor statistics....
External factors pressurizing more on AUD
Dec 04, 2015 12:23 pm UTC| Commentary
We, at FxWirePro, think risks to the AUD are biased to the downside, relative to our forecasts. starting with negative surprises, we identify: A downside shock to Chinese growth continues/rampant of commodity...
Norges Bank likely to revise Q4 growth forecasts down
Dec 04, 2015 12:04 pm UTC| Commentary Central Banks
Norges Bank might revise the Q4 growth forecast slightly down and possibly take into consideration to reduce its wage forecasts of 2016 as well. Still, we stick to our forecast for unchanged rates in December. NOK is on...
ECB’s Constancio blames market expectations, hails ECB communication
Dec 04, 2015 11:56 am UTC| Commentary Central Banks
While traders, investors and analysts are blaming European Central Banks (ECB) communications over its intention, after the bank fell well short of market expectations, resulting in seventh biggest Euro move since its...