Forex & Financial news and FxPro analytics

US stock indices got a new impulse to decline on Friday on fears about the viability of Deutsche Bank. This is the recent momentum of the banking stress we have been in for the last three weeks. The technical signals...

Japan’s headline inflation rate slowed from 4.3% to 3.3% in February. The point is that prices fell by 0.6% for the month, so the slowing annual inflation cannot simply be attributed to a high base effect. The core index (excluding...

Market picture Cryptocurrency market capitalisation rose 2.2% over the past 24 hours to $1.183 trillion, returning to Wednesday’s highs. Cryptocurrencies came under selling pressure after the stock market at the close of the US session on Thursday but found much...

• Silver broke key resistance level 22.60 • Likely to rise to resistance level 24.50 Silver recently broke the key resistance level 22.60 (former support from December, which has been reversing the price from February). The breakout of the resistance...

  • AUDNZD reversed from resistance level 1.078 • Likely to fall to support level 1.0670 AUDNZD currency pair recently reversed down from the key resistance level 1.078 (former support from the start of March). The resistance level 1.078 was...

• EURNZD reversed from key resistance level 1.7450 • Likely to fall to support level 1.7200 EURNZD currency pair recently reversed down from the key resistance level 1.7450 (which reversed the pair multiple times in last October). The resistance level...

The Bank of England raised its interest rate by 25 points to 4.25%, in line with market expectations. Two members voted to keep rates on hold for the third meeting, while seven others voted against it. Commenting on the decision,...

The Swiss National Bank continued to tighten its monetary policy by raising its key interest rate by 50 points to 1.5% today. This decision is broadly in line with the market expectations of economists prior to the Credit Suisse story....

Market picture Bitcoin had a smooth climb on Wednesday, only to plunge into the abyss. The top cryptocurrency soared to $28.9K immediately after the Fed’s comments but tanked almost 8% from its high of $26.6K after Yellen’s remarks. It was...

• WTI crude oil reversed from support level 64.40 • Likely to rise to resistance level 73.20 WTI crude oil recently reversed up from the powerful support level 64.40 (which has been reversing the price from the middle of May)....

• EURCAD broke resistance level 1.4760 • Likely to rise to resistance level 1.4925 EURCAD currency pair recently broke above the resistance level 1.4760 (top of the previous minor impulse wave (i) from the start of March). The breakout of...

Struck right between a rock and hard place, today the Fed will deliver its difficult policy choice. The FOMC will have to choose between supporting the financial system and fighting inflation. They can do both, but both results will be...