Euro Steady as ECB Sees Recovery Becoming Increasing Solid, But Discourage Talks of Stimulus Exit
Euro is staying in tight range against Dollar and Yen, and weakens against Sterling. ECB kept monetary policies unchanged today as widely expected. The key interest rate is held at 0.00%, marginal le...
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Trade Idea: AUD/USD - Sell at 0.7505
As aussie has dropped again and broke below indicated previous support at 0.7473, adding credence to our bearish view that recent decline from 0.7750 has resumed and downside bias is seen for this ...
Trade Idea: GBP/JPY - Buy at 142.30
As sterling has surged again after brief pullback, adding credence to our view that recent upmove from 135.60 has resumed and upside bias remains for this move to extend further gain to 144.00-10, ...
USD/CAD Daily Outlook
A temporary top is in place at 1.3647 after USD/CAD fails to sustain above 1.3598 key resistance. Intraday bias is turned neutral first. Some consolidations should be seen but downside of retreat woul...
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EUR/USD Mid-Day Outlook
EUR/USD is staying in tight range below 1.0949 temporary top and intraday bias remains neutral for consolidations. At this point, another rise could be seen as long as 1.0777 support holds. But still,...
|JPY||Monetary Policy Statement|
|01:30||AUD||Import Price Index Q/Q Q1||1.20%||-0.50%||0.20%|
|06:00||CHF||Trade Balance (CHF) Mar||3.10B||3.01B||3.12B|
|06:00||EUR||German GfK Consumer Confidence May||10.2||9.9||9.8|
|09:00||EUR||Eurozone Economic Confidence Apr||109.6||108.1||107.9|
|09:00||EUR||Eurozone Business Climate Indicator Apr||1.09||0.82||0.82||0.83|
|09:00||EUR||Eurozone Industrial Confidence Apr||2.6||1.3||1.2||1.3|
|09:00||EUR||Eurozone Services Confidence Apr||14.2||12.9||12.7||12.8|
|09:00||EUR||Eurozone Consumer Confidence Apr F||-3.6||-3.6||-3.6|
|10:00||GBP||CBI Realized Sales Apr||38||6||9|
|11:45||EUR||ECB Rate Decision||0.00%||0.00%||0.00%|
|11:45||EUR||ECB Marginal Lending Facility||0.25%||0.25%||0.25%|
|11:45||EUR||ECB Deposit Facility Rate||-0.40%||-0.40%||-0.40%|
|11:45||EUR||ECB Asset Purchase Target (EUR) Apr||60B||60B||80B|
|12:00||EUR||German CPI M/M Apr P||0.00%||-0.10%||0.20%|
|12:00||EUR||German CPI Y/Y Apr P||2.00%||1.90%||1.60%|
|12:30||USD||Advance Goods Trade Balance Mar||-64.8B||-65.2B||-63.9B||-63.9B|
|12:30||USD||Wholesale Inventories Mar P||-0.10%||0.30%||0.40%||0.20%|
|12:30||USD||Durable Goods Orders Mar P||0.70%||1.30%||1.80%|
|12:30||USD||Durables Ex Transportation Mar P||-0.20%||0.50%||0.50%|
|12:30||USD||Initial Jobless Claims (22 APR)||257K||241K||244K||243K|
|14:00||USD||Pending Home Sales M/M Mar||-1.00%||5.50%|
|14:30||USD||Natural Gas Storage||54B|