Intraday Statement: Euro Dived as Data Showed Deepening Recession (GAINSY Technical Analysis) Euro decreased broadly today as data unexpectedly showed deepened recession in Eurozone. Q4 GDP contracted by -0.6% qoq versus expectation of -0.4%. That's ...

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Daily Statement: JPY Steady as BoJ on Hold, GDP Unexpected Contracted in Q4 (GAINSY Technical Analysis) The Japanese yen remains steady in range against dollar and euro in Asian session today. BoJ left rates unchanged at 0-0.1% on unanimous vote as ...

GAINSY Hottest Forecasts

EUR Unglued By Ugly GDP Assault (GAINSY Fundamental Analysis) A reading of global GDP reports has revealed another litany of woes. Contraction is no longer a vulgar economic word. It seems to be a staple amongst the maturing or cyclical economies ...

GAINSY Hottest Forecasts

ECB Currency De-valuation by Stealth (GAINSY Fundamental Analysis) The G20 is in full swing and to kick things off the host nation Russia called for a stronger stance regarding currency manipulation and said it wanted more "specific" language ...

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U.S. Retail Sales Rise Modestly in January (GAINSY Fundamental Analysis) Retail sales in January 2013 rose by an expected 0.1% although this implied building further onto solid gains of 0.5% in both December and November 2013. January saw very muted ...

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Elliott Wave Forecast: EUR/GBP – Buy at 0.8575 (GAINSY Elliott Wave Analysis) EUR/GBP – 0.8657 Recent wave: v of wave 3 has possibly ended at 0.8067 but wave 4 should hold below 0.9050 Trend: Up Original strategy : Buy at 0.8545, Target: 0.8645, ...

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Forex Signal Wrap-up: EUR/USD – Sell at 1.3480 (GAINSY Ichimoku Analysis) EUR/USD – 1.3443 Most recent candlesticks pattern : Shooting star Trend : Near term down Tenkan-Sen level :1.3473 Kijun-Sen level :1.3468 Ichimoku cloud top :1.3415 Ichimoku ...

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Intraday Statement: Sterling Tumbled on BoE Inflation Statement (GAINSY Technical Analysis) Sterling decreased sharply today as the BoE's quarterly inflation reported showed that policymakers are ready to tolerate higher inflation to boost economic ...

GAINSY Hottest Forecasts

The BOE's Inflation Statement and What it Means for Sterling (GAINSY Fundamental Analysis) Outgoing BOE Governor Mervyn King delivered his penultimate Inflation Statement this morning before he leaves in July. Overall, it was a sterling negative ...

GAINSY Hottest Forecasts

It's Only Words But FX Is On The Move (GAINSY Fundamental Analysis) The "unnamed official" is not getting their due credit for some of the recent market movements in forex-land. These individual have added to the quality of volatility for dealers ...

GAINSY Hottest Forecasts

BOE Cuts Growth And Raise Inflation Forecasts, GBP Drops (GAINSY Fundamental Analysis) The BOE quarterly inflation report released today showed that the bank cut growth and raised inflation forecasts, pushing the pound beyond 6-month low against the ...

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Heavy Swings On JPY Ahead Of G20 Summit (GAINSY Fundamental Analysis) The currency markets remain dominated by speculative swings on JPY and EUR. The catalyst was the buzz on wires emulating for the G20 meeting scheduled on February 15-16th. JPY ...

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Forex Signal Update: EUR/USD – Look to sell higher (GAINSY Ichimoku Analysis) Although yesterday’s anticipated recoil adds credence to our view that a temporary low has been formed at 1.3326 earlier this bank week and consolidation with mild upside ...

GAINSY Hottest Forecasts

Haunted By Comments Ahead Of The G20 (GAINSY Fundamental Analysis) Intraday, EUR/USD was under moderate pressure early in the session as European equities initially lagged the rally in Japan. However, the first support area (1.3350 zone) was left ...

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JPY Weakness In Spotlight (GAINSY Fundamental Analysis) The overnight session was mostly dominated by the comments from G7 and the BoC Governor Carney on Japanese currency stimulus, ahead of G20 meeting scheduled on February 15-16th. The major ...

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European Stocks Mixed, FTSE Pressured Ahead Inflation Statement (GAINSY Fundamental Analysis) European stocks kick-start the session Wednesday mixed with investors cautious ahead of the G-20 summit after the G-7 statement rattled markets. Investors ...

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ECB's Draghi Cheers Spanish Efforts To Tackle Crisis (GAINSY Fundamental Analysis) European Central Bank Mario Draghi believes that Spain is on the right path of economic recovery since he vowed to protect the euro with the Bank's latest ...

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EU Industrial Production To Aid Single Currency (GAINSY Fundamental Analysis) The euro (EUR) consolidated its strengthening versus the US dollar (USD). Currently at 1.3444, the single currency has seen boosted confidence after the ECOFIN and G7 ...

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Markets To Eye BoE Inflation Statement After Sticky CPI (GAINSY Fundamental Analysis) Traders are hours away from one of the most awaited and freshest releases of the year, where policymakers from The Old Lady of Threadneedle Street prepare to ...

GAINSY Hottest Forecasts

G7 Comments Support JPY, G20 To Discuss On Weekend (GAINSY Fundamental Analysis) U.S. USDTrading (USD) theJapanese JPY once again dominated the headlines and moved most of the other majors with EUR/JPY dragging the EUR/USD higher. The G7 down played ...

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