
Login to Market Insight Account
Your Market Insight account gives you access to the tools that we offer our customers including our
Technical Studies & Sentiment for your accounts.
Don't you have a Market Insight account? With a few easy steps you can easily register to Market Insight
Register
Thank you!
Welcome to Market Insight family!
You have succesfully completed the registration. We will send you an e-mail to give you some instructions and our Terms and Conditions!
Our account representatives will be contacting you as soon as possible. If you have any further questions please do not hesitate to
mail us via support@gkfx.com
News

USD/JPY may test levels below 105.00 – CitiBank
In their weekly strategy report, analysts at Citibank, point out that the Japanese yen could appreciate further against the US Dollar over the next da | 13/08/2019 19:58
In their weekly strategy report, analysts at Citibank, point out that the Japanese yen could appreciate further against the US Dollar over the next days.
Key Quotes:
“USD/JPY reaches the bottom of descending channel and fell to oversold territory. The pair may test 104.56-104.87 after consolidation with the resistance at 107.75.”
“Yen’s rapid appreciation may make the policymakers do the oral interventions and limit yen’s performance. If USD/JPY lower further to 105 level, BoJ may become more dovish which may put some pressure on Yen.”
“Given there hasn’t been material JPY strength yet (USD/JPY remains >100), in our assumptions, we continue to believe that the Bank of Japan will maintain its neutral stance against the growing headwinds of dovish policy from other major G10 central banks. This is keeping us constructive on JPY, as the “stealthy taper” (interpreted as YoY changes to the BoJ balance sheet) continues into 2020.”
“We now see FX intervention by Trump Administration to weaken USD as possible. It seems unlikely that the Administration would order intervention and then stop before taking the $ back to the averages, maybe around EUR/$ 1.20 and $/Y 100.”
Popular News
-
SNB’s Jordan: “We could certainly cut interest rates again if absolutely necessary”
Dismissing the criticisms that the Swiss National Bank’s (SNB) status-quo’s side effects are felt by banks and pension funds at home, the central bank | 15/12/2019 10:28
-
Queen to set out UK PM Johnson's agenda on Thursday - Reuters
The UK PM Johnson’s office released a statement on Saturday, citing that Queen Elizabeth will make a speech on Thursday, setting out Johnson’s legisla | 15/12/2019 05:09
-
China’s top diplomat Wang: China-US trade deal good news for all
Reuters reports the recent comments from the Chinese government's top diplomat Wang Yi on the US-China initial trade deal, delivered during a visit to | 14/12/2019 14:34
-
US Treasury Sec. Mnuchin: Details of US-China “phase one” trade deal to come out over weekend
Speaking at the Doha Forum conference in Qatar on Saturday, the US Treasury Secretary Steven Mnuchin said that a factsheet on US-China "phase one" of | 14/12/2019 14:28
-
N. Korea conducted another crucial test at satellite launch site - KCNA
North Korean state news agency KCNA reported on Saturday, North Korea conducted another test at the Sohae satellite launch site on Friday. It was the | 14/12/2019 10:48
-
Sources: China to target around 6% growth in 2020, step up state spending – Reuters
According to three sources with knowledge of the outcome of China’s annual closed-door Central Economic Work Conference, said that Beijing plans to se | 14/12/2019 10:40
-
WH Adviser Kudlow: Deal should be signed inside of a few weeks
In an interview with CNBC late-Friday, White House economic adviser Larry Kudlow shared key insights on the US-China Phase One trade deal agreed. It s | 14/12/2019 10:35
-
EUR/USD Price Analysis: Euro ends the week in the green, hits highest since August
EUR/USD is trading in a weak bear trend below the main SMAs. The market is attempting to stabilize above the 1.1000 handle. A break above the 1.1200 handle wo | 13/12/2019 22:00
-
US Dollar Index Price Analysis: DXY recovers after hitting lowest since July
DXY (US Dollar Index) spiked down to its lowest since July and then recouped some of the lost ground. However, the index remains fragile while below the 200-da | 13/12/2019 21:09
-
BoE to remain on hold for the foreseeable future – Wells Fargo
Next Thursday, the Bank of England will announce its decision on monetary policy. No change in rates is expected, particularly after the results of th | 13/12/2019 19:33
-
GBP: Focus turns to Bank of England policy update after UK election – MUFG
Analysts at MUFG Bank argued that further gains in the pound (GBP) will prove more challenging as volatility eases. Key Quotes: “The reduction in Brex | 13/12/2019 19:03
-
EUR/JPY Price Analysis: Euro erases gains after spiking to highest since July
EUR/JPY is about to have a second consecutive close above the 200-day simple moving average (DMA) above the 121.00 handle. However, it seems that Friday will | 13/12/2019 18:57
-
BoC patience to be tested by sub-trend growth – RBC
Analysts at RBC Capital Markets pushed back their forecast for an interest rate cut from the Bank of Canada to the second quarter of 2020. Key Quotes: | 13/12/2019 18:57
-
US: Low inflation represents a significant, persistent threat to the US dollar – CIBC
Analysts at CIBC, explained that inflation hasn’t been persistently high for a long time in the United States, such a scenario could weigh on the US d | 13/12/2019 18:39
-
EUR/USD: Dollar looking increasingly vulnerable – MUFG
Analysts at MUFG Bank point out the US dollar failed to benefit from stronger employment data in light of the Federal Reserve’s high hurdle for rate h | 13/12/2019 18:21
-
United States Baker Hughes US Oil Rig Count increased to 667 from previous 663
United States Baker Hughes US Oil Rig Count increased to 667 from previous 663 | 13/12/2019 18:04
-
Gold Price Analysis: XAU/USD sidelined into Friday, trades near $1475/oz
The theme of December has been a sideways consolidation so far. The metal is trapped in a range between the 1455 and 1485 levels while below the 50 and 100- | 13/12/2019 17:49
-
WTI hits fresh three-month highs above $60.00 but then retreats
Crude oil prices peaked following the agreement between the US and China regarding trade by signing the Phase One Trade Agreement. The barrel of West | 13/12/2019 17:16
-
NY Fed's GDP Nowcast ticks up to 0.7% for fourth quarter of 2019
The United States' (US) economy is expected to expand by 0.7% in the last quarter of the year, the Federal Reserve Bank of New York's latest Nowcastin | 13/12/2019 16:41
-
EUR/USD Price Analysis: Euro slumps after reaching highest since August
After peaking at its highest since August, EUR/USD is reversing course while rejecting the 200-day simple moving average (DMA). | 13/12/2019 16:38
-
Wall Street pares early gains amid lack of clarity on details of phase one trade deal
Wall Street's main indexes started the day on strong footing and hit fresh record highs as investors cheered China's confirmation of the completion of | 13/12/2019 16:36
-
US Retail Sales: Mixed, but for the most part disappointing – Wells Fargo
Data released today showed that retail sales in the US rose 0.2% in November, below expectations. Analysts at Wells Fargo point out it was a soft repo | 13/12/2019 16:00
-
US Pres. Trump: Won't wait for 2020 election to start phase-two negotiations
"We have agreed to a very large phase one deal with China," US President Donald Trump tweeted out in the last hour. "They have agreed to many structur | 13/12/2019 15:58
-
AUD/USD Price Analysis: Aussie eases from 2.5-month highs, trades below 0.6900 handle
AUD/USD is currently rejecting the 0.6900 handle and the 200-day simple moving average (DMA) as the market challenged the October/November highs. | 13/12/2019 15:53
-
USTR: US agreed to modify its tariffs in a significant way
The United States Trade Representative's (USTR) Office confirmed in a statement that they have reached a phase-one trade deal with China and noted tha | 13/12/2019 15:52
-
China's Vice Finance Minister: Cancelling tariffs is core to China's concerns
Cancelling tariffs is core to China's concerns and the United States has promised to cancel additional tariffs on Chinese products, China's Vice Finan | 13/12/2019 15:16
-
Breaking: US will follow up on its promise to cancel tariffs on a phased basis, US stocks at fresh record highs
During the press briefing of China's State Council Information Office, officials noted that the phase one trade negotiations achieved major progress a | 13/12/2019 15:04
-
Colombia Retail Sales (YoY) climbed from previous 6.9% to 7.4% in October
Colombia Retail Sales (YoY) climbed from previous 6.9% to 7.4% in October | 13/12/2019 15:01
-
United States Business Inventories meets expectations (0.2%) in October
United States Business Inventories meets expectations (0.2%) in October | 13/12/2019 15:00
-
USD/JPY Price Analysis: Greenback eases from December highs as Trump denies upbeat trade deal comments
USD/JPY is off the monthly highs above the 109.00 handle and the 200-day simple moving average (DMA). The yen is back on demand as US President Trump said that | 13/12/2019 14:57
RISK WARNING
The information provided herein is for general informational and educational purposes only. It is not intended and should not be construed to constitute advice.
If such information is acted upon by you then this should be solely at your discretion and GKFX will not be held accountable in any way.
- ForexF
- IndicesI
- CommoditiesC