
FxWirePro: EUR/CAD bearish engulfing again to break channel line – likely to evidence more slumps
Nov 03, 2015 09:37 am UTC| Insights & Views Technicals
It seems to have a continued down streaks upon formation of back to back bearish patterns both on weekly and daily charts. We again spot outBearish Engulfingpattern candle formed at 1.4408 levels on daily charts of...

Pound/Dollar flirts in resistance area, focus on construction PMI today
Nov 03, 2015 09:20 am UTC| Insights & Views Technicals
After Superb performance of Manufacturing PMI, focus is on another key GDP pillar, construction for further cues. UK construction PMI report for October to be released at 9:30 GMT. Marginal softening is...

Dairy and weak Kiwi brighten outlook for New Zealand exporters
Nov 03, 2015 09:16 am UTC| Insights & Views
Latest report from ANZ shows, weaker New Zealand Dollar coupled with a rebound in dairy prices is providing some relief to the economy and its exporters. ANZ commodity price index, rose by 6.9% in October, second...

RBA monetary policy – assessing the bias
Nov 03, 2015 08:35 am UTC| Insights & Views Central Banks
Reserve Bank of Australia (RBA) decided today to keep its monetary policy steady with interest rates at 2% against some expectations in the market for further easing. Though the central bank may have kept the options...
Nov 03, 2015 07:23 am UTC| Insights & Views
GBPs gains after yesterdays U.Ks upbeat manufacturing PMI number at 55.5 versus previous 51.8, todays focus would be on construction PMI and tomorrows service PMI that would set a stage for next direction for GBPs major...
Guide to today’s important data and events
Nov 03, 2015 07:00 am UTC| Insights & Views
Not many economic dockets scheduled for today, but some with high risks associated. Data released so far Australia - Reserve bank of Australia (RBA) kept monetary policy steady at 2%. New Zealand - ANZ...

Currency snapshot (commodity pairs)
Nov 02, 2015 18:07 pm UTC| Insights & Views
Dollar index trading at 97.36 (-0.26%) Strength meter (today so far) - Aussie +0.11%, Kiwi -0.44%, Loonie -0.24%. Strength meter (since last week) - Aussie +0.11%, Kiwi -0.44%, Loonie -0.24%. AUD/USD - Trading at...
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