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Canadian Dollar Edges Higher as BoC Raises Rates, U.S. Durable Goods Orders Next

The Canadian dollar has ticked higher in the Thursday session. Currently, USD/CAD is trading at 1.3043, down 0.10% on the day. On the release front, there are no Canadian events. In the U.S, the markets are braced for mixed news...

AdminOct 25, 2018

Fundamental analysis of Forex market

Euro Rises Softly Ahead Of ECB Rate Announcement, Equities Show Some Recovery

Here are the latest developments in global markets: FOREX: The euro was slowly rising versus the US dollar (+0.15%) below 1.1500 on Thursday ahead of the European Central Bank (ECB) interest rate decision later in the day, where the Bank...

AdminOct 25, 2018

Fundamental analysis of Forex market

Will ECB Meeting be More Eventful than Expected?

Current environment muddies ECB normalization plans The ECB meeting on Thursday was meant to be quite straightforward but in the current world of populism, trade wars and Brexit, this may be too much to ask. A few months back when...

AdminOct 24, 2018

Fundamental analysis of Forex market

ECB Meets Amid Darkening Cloud Over Europe; Draghi’s Views in Focus

The European Central Bank is due to conclude its two-day monetary policy meeting on Thursday, with its decision expected at 11:45 GMT. With no change in policy or to the Bank’s forward guidance anticipated at the October meeting, all eyes...

AdminOct 24, 2018

Fundamental analysis of Forex market

Euro, Pound Among the Worst Performers; May’s Speech and BoC Rate Decision in Focus

Here are the latest developments in global markets: FOREX: The British pound and the euro were among the worst performing major currencies in early European session on Wednesday, losing around 0.60% against the greenback. Pound/dollar hit a fresh 1 ½-week low...

AdminOct 24, 2018

Fundamental analysis of Forex market

EUR/USD – Euro Slide Resumes As Manufacturing Growth Slows

After a quiet day on Tuesday, the euro has resumed its losing ways in the Wednesday session. Currently, the pair is trading at 1.1405, down 0.53% on the day. On the release front, German and Eurozone Manufacturing PMIs slowed in...

AdminOct 24, 2018

Fundamental analysis of Forex market

Eurozone Markit PMIs Could be a Warning Call for Growth

The Eurozone will see the release of the flash October PMI survey on Wednesday at 0800 GMT, a day before the European Central Bank (ECB) meets to decide on monetary policy. Consensus is for the data to soften both in the services sector...

AdminOct 23, 2018

Fundamental analysis of Forex market

Gold Jumps to 13-Week High as Global Equity Markets Slip

Gold has recorded strong gains in the Tuesday session. In North American trade, the spot price for one ounce of gold is $1234.11, up 0.99% on the day. There are no key releases on the schedule. The Richmond Manufacturing Index...

AdminOct 23, 2018

Fundamental analysis of Forex market

Bullying Up On Safe Havens

Tuesday October 23: Five things the markets are talking about Global stocks have swung sharply lower overnight, amid growing fears about the health of the Chinese economy and a slew of geopolitical concerns – U.K, Italy and Saudi Arabia. In...

AdminOct 23, 2018

Fundamental analysis of Forex market

DAX Slips Over Italy Debt, Trade War Tensions

The DAX index continues its losing ways this week. In the Tuesday session, the index is at 11,336, down 1.63% on the day. On the release front, there are no major events. German WPI gained 0.5% in September, its highest...

AdminOct 23, 2018

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Category: Fundamental analysis of Forex market

Canadian Dollar Edges Higher as BoC Raises Rates, U.S. Durable Goods Orders Next

Euro Rises Softly Ahead Of ECB Rate Announcement, Equities Show Some Recovery

Will ECB Meeting be More Eventful than Expected?

ECB Meets Amid Darkening Cloud Over Europe; Draghi’s Views in Focus

Euro, Pound Among the Worst Performers; May’s Speech and BoC Rate Decision in Focus

EUR/USD – Euro Slide Resumes As Manufacturing Growth Slows

Eurozone Markit PMIs Could be a Warning Call for Growth

Gold Jumps to 13-Week High as Global Equity Markets Slip

Bullying Up On Safe Havens

DAX Slips Over Italy Debt, Trade War Tensions

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Category: Fundamental analysis of Forex market

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