Daily Market Outlook, August 01, 2014, 06:30 GMT, by Maria

August 01, 2014, 06:30 GMT   TOP HEADLINES • Markets’ focus on US Nonfarm payrolls and Unemployment Rate • Dollar steady at 10-month highs ahead of data releases • Euro area’s consumer price index slowed to a five-year low • Nonchalant aussie on China’s manufacturing PMI figures • BoE Deputy Governor: …

Technical Analysis – Currency of the Day USD/JPY, August 1, 2014, 06:30 GMT by Julio

Focus remains on the US Dollar USD/JPY seems to be the pair of the week as the greenback post its best monthly performance in over a year. The USD/JPY retraced some of its gains from Wednesday reaching as high as 103.07 and is currently trading at 102.91 (Pivot Point) awaiting major news from the US. The Non-Farm …

Daily Market Outlook, July 31, 2014, 08:00 GMT, by Julio

July 31, 2014, 08:00 GMT   TOP HEADLINES • Focus remains in the US and Non-Farm Payrolls report due tomorrow • EUR/USD continues to decline and approaching 9-month lows • USD/JPY traded as high as psychological test 103.00 levels • The Ozzie fell 8-week lows       USD: The dollar strengthened …

Technical Analysis – Currency of the Day AUD/USD, July 31, 2014, 06:45 GMT by Maria

AUD/USD sank to a seven week low and is now hovering around the pivotal support of 0.9300. The pair dipped as stronger than expected US GDP data showed the economy growing at an annualised growth rate of 4% last quarter and boosted the dollar. Moreover, a lacklustre building approval print this morning pushed the …

Daily Market Outlook, July 30, 2014, 07:30 GMT, by Maria

July 30, 2014, 07:30 GMT   TOP HEADLINES • The market remains steady ahead of FOMC statement • EUR/USD stuck near a fresh eight-month • USD/JPY at a three week high • The sterling remains shy against the dollar • Interest rate differentials between the US and UK continue to narrow         …