Market Analysis

03/25/2011 - 14:37
Analysts at Barclays Capital note that Australian dollar is under bullish pressure versus its US counterpart as long as it holds above 1.01. In the near term the pair AUD/USD is likely to fluctuate near the post-float maximums in the 1.0260 area. If Aussie decisively breaks up through these levels, it will get chance to climb to 1.0650 and 1.09 in the medium term. Chart. Daily AUD/USD
03/25/2011 - 14:03
Technical analysts at Commerzbank note that the single currency bounced yesterday versus British pound breaking above the key resistance in the 0.8758 area eroding the long term downtrend. The specialists say that as long as the pair EUR/GBP is trading above the mentioned trend line it has potential to advance to the 0.8935/45 area representing the 50% retracement of the decline from 2009 and the October 2010 maximum. According to the bank, bullish pressure on euro will ease only below the...
03/25/2011 - 12:46
Analysts at Wells Fargo claim that there are 2 opposing forces influencing the pair USD/JPY. On the one hand, there is the speculative upward pressure on yen due to the anticipation of the repatriation flows. On the other hand, Japanese officials have drawn the line in the sand to prevent further appreciation of the national currency. The specialists believe that this kind of mixed environment for yen is going to prevail for at least several months. The specialists, however, don’t think that...
03/25/2011 - 10:57
European inflation broke above the ECB’s 2% threshold in December rising to 2.4% in February, while the British CPI growth accelerated last month to 4.4%, twice higher the 2% BoE target level. As a result, the European Central Bank announced about its readiness to raise interest rates and more and more members of the Bank of England’s MPC call for monetary tightening. Analysts at HSBC, however, claim that the central banks should take into account Japan’s unsuccessful experience in this field....
03/25/2011 - 09:51
Specialists at CharmerCharts, analytical firm providing technical analysis, note that the single currency jumped yesterday to the 1.4200 area versus US dollar. In the medium term, however, the analysts regard the outlook for euro as negative and advise investors to sell on the pair’s advance to 1.4200/20. According to the analysts, such trade should be stopped if EUR/USD manages to break above 1.4300. CharmerCharts says that support for the pair is found in the 1.4030/50 zone. Below these...
03/25/2011 - 09:20
Standard & Poor’s lowered Portugal’s credit rating by two notches from A- to BBB with the negative forecast 2 days after Fitch Ratings cut Portuguese long-term debt rating from А+ to А-. Analysts at Credit Suisse claim that the country’s downgrade affected the market. In their view, investors don’t want to buy euro while they’re closely watching if there’s any progress at the EU summit. The specialists note that there are still many negative factors for the single currency. According to...
03/24/2011 - 16:14
Bank Sarasin分析师认为,EUR/CHF 和 USD/CHF的价位过高。从他们的角度来看,合理的价位是以EUR/CHF 1.40和 USD/CHF 1.12的购买力为基础。专家称,由于投资者对风险胃口的回归,对法郎的需求将下降。 
03/24/2011 - 16:13
英国央行货币政策委员会三月会议的纪要昨日公布后,英镑下跌,财政大臣乔治-奥斯本在该银行委员会上,公布了英国2011年预算草案。3月22日GBP/USD跌至1.6400至1.6200左右水平。 但是,Barclays Capital分析人士认为英镑走弱是暂时的,并相信,最终,英镑还会上升。且专家仍认为,由于英当局对长期通涨超过目标值而担忧,英国央行可能在五月提高利率。英国第一季度的经济增长速度很可能是令人满意的。 Barclays认为,英镑兑欧元将会升值,而单一货币兑美元也将会上涨,为此欧盟首脑会议将要排除有关风险。据此,分析师预测GBP/USD一年后将增至1.82。 

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