NZD/USD Riding High on RBNZ and Optimistic Trade Talk Fumes
In the middle of the week, the RBNZ opted to leave its primary interest rate unchanged at 1.75%, where the central bank expects it to remain for a “considerable period.” Governor Orr and company noted that there were both upside...
Week Ahead: Productive US-China Trade Talks Support Risk Appetite – for Now
European markets recovered after a weak start and Wall Street rallied sharply after index futures made good their overnight losses. Sentiment turned positive apparently on renewed hopes over a US-China trade deal, as the third round of talks between the...
Week Ahead – Flash February PMIs Eyed for Growth Clues; Fed and ECB Minutes to Be Watched Too
The focus will firmly be on economic indicators next week as political and central bank events temporarily take a back seat. The latest PMI releases for the Eurozone will be one of the highlights as growth in the region grinds...
Cliff Notes: Sentiment’s Many Facets
Key insights from the week that was. Sentiment has been at the heart of the action this week, both in Australia and abroad. With confidence and conditions having fallen sharply in the December reading, the January edition of the NAB...
Weekly Focus – Still Waiting for the Rebound
Market Movers ahead We expect euro area manufacturing PMI to decline marginally on the back of weak new orders and political risk. We will be looking to German Ifo figures for signs of a rebound, having seen some encouraging signs...
Stocks and Dollar Rally on Trade Optimism
The greenback and US stocks are poised for another weekly gain as trade talk progress appears to be gaining momentum, with negotiations continuing next week in Washington. Financial markets in the short-term are relieved the government will be funded, despite...
Canadian Dollar Steady, Investors Eye U.S. Consumer Confidence
USD/CAD is showing little movement in the Friday session. Currently, the pair is trading at 1.3282, down 0.08% on the day. On the release front, Canadian foreign securities purchases are expected to drop to C$7.6 billion. In the U.S., the...
Investors Sigh as Trade Talks Drag On; Gold Glitters
A sense of disappointment was felt across financial markets today after high-level trade talks between the US and China ended with no immediate announcement from either side. Although US Treasury Secretary Steven Mnuchin said the negotiations were ‘productive’, the amount...
DAX Jumps As Investors Remain Hopeful On US-China Trade Rift
The DAX has posted strong gains in the Friday session. Currently, the DAX is at 11,192, up 0.92% on the day. It’s a light day on the fundamental calendar, with no major releases. The eurozone trade surplus widened to EUR...
US Economy Slows
December’s retail sales gave a stark reminder that the economy is not rosy anymore. They contracted 1.2% monthly in December versus +0.1% expected, and November’s figures were downwardly revised. This is the largest contraction since September 2009. Similarly, the gauge...
Signal2forex.com - Best Forex robots and signals




