ActionForex

GBP/JPY Daily OutlookDaily Pivots: (S1) 158.16; (P) 158.59; (R1) 159.00;Intraday bias in GBP/JPY remains neutral for some more consolidations below 159.98 temporary top. But, a near term outlook stays...

The dollar was mildly higher overnight after mixed messages from Fed officials. New York Fed Dudley emphasized that the US economy is facing pulling forces from opposite directions, that is,...

GBP/JPY Daily OutlookDaily Pivots: (S1) 158.75; (P) 159.21; (R1) 159.47; A temporary top is in place at 159.98 for the GBP/JPY, and an intraday bias is turned neutral for some consolidations first....

Markets are rather steady as the week starts. The euro remains firm in tight range against the greenback after German Chancellor Merkel's victory in election. But, some weakness is seen in the...

Markets stabilized from the post FOMC volatility and engaged in range today so far. European indices opened mildly lower, but loss is very limited. Dollar is a touch higher against European majors,...

GBP/JPY Daily OutlookDaily Pivots: (S1) 157.52; (P) 157.88; (R1) 158.45; More.....GBP/JPY's break of 158.54 suggest that recent rise has resumed and intraday bias is back on the upside. Current rally...

Financial markets were rocked by the FOMC's decision to keep the pace of asset purchases unchanged at $85b a month overnight. DOW rose 147.21 pts to close at new record high of 15676.94. S&P 500...

GBP/JPY Daily OutlookDaily Pivots: (S1) 157.30; (P) 157.72; (R1) 158.05; In the intraday bias in the GBP/JPY remains neutral for some more consolidations below 158.54 temporary top. But, the downside...

Markets are rather cautious ahead of the highly anticipated FOMC announcement. Consensus suggested that the Fed would reduce its Treasury purchases by $10 billion per month, while some expect the MBS...

GBP/JPY Daily Pivots: (S1) 156.98; (P) 157.45; (R1) 157.93; Intraday bias in the GBP/JPY remains neutral for some more consolidations below 158.54 temporary top. But, the downside should be contained...

US equities jumped sharply overnight on Summers' news and with DOW closing strongly at 15494.78, just inches below 15658.43 high. Treasury yields initially took a beating but recovered most of the...

GBP/JPYDaily Pivots: (S1) 157.23; (P) 157.59; (R1) 158.09; Intraday bias in GBP/JPY remains neutral for some more consolidations below 158.54 temporary top. But, the downside should be contained by...

The dollar gaps lower as the week starts on news that former Treasury Secretary Summers withdrew from the race to be the next Fed chairman. In addition, risk sentiments are boosted by news that...

Different themes took turns to drive the markets last week. Receding risk of strike against Syria and optimism on China's economy drove equities up and took commodity currencies higher. The Kiwi was...

GBP/JPY Daily OutlookDaily Pivots: (S1) 157.48; (P) 158.01; (R1) 158.51; A temporary top is in place at 158.54 with the GBP/JP.Also, the intraday bias has turned neutral first. But, a break of 154.67...

New Zealand dollar soars in Asian session after RBNZ left rates unchanged at 2.50% as widely expected. More importantly, the central bank indicated that a rate hike would likely be required in 2014 as...