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Euro Reverses Its Losses In The Asian Session

For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1670. Macroeconomic data showed that the Euro-zone’s seasonally adjusted construction output rose 0.3% on a monthly basis, in July. In the preceding month,...

AdminSep 20, 2018

Fundamental analysis of Forex market

Britain’s Inflation Surprisingly Advanced To A Six-Month High Level In August

For the 24 hours to 23:00 GMT, the GBP declined 0.17% against the USD and closed at 1.3142. On the data front, UK’s consumer price index (CPI) unexpectedly climbed to a six-month high of 2.7% on a yearly basis in...

AdminSep 20, 2018

Fundamental analysis of Forex market

Informal EU Summit Not Likely to Deliver Brexit Breakthrough

As the leaders of the EU gather in Austria today, British PM May hopes to convince them of the merits of her Chequers plan, in an attempt to lay the groundwork for a breakthrough in the Brexit negotiations. While no...

AdminSep 19, 2018

Fundamental analysis of Forex market

SNB Unlikely to Signal Normalization, May “Jawbone” Franc

The Swiss National Bank (SNB) is widely expected to keep its ultra-loose policy unchanged when it announces its rate decision on Thursday at 0730 GMT. Investors will look for hints on whether a 2019 rate increase is a realistic scenario....

AdminSep 19, 2018

Fundamental analysis of Forex market

Aussie Trading On Weaker Footing In The Asian Session

For the 24 hours to 23:00 GMT, the AUD rose 1.03% against the USD and closed at 0.7228. LME Copper prices rose 2.4% or $143.0/MT to $6003.0/MT. Aluminium prices rose 1.4% or $27.0/MT to $2012.0/MT. In the Asian session, at...

AdminSep 19, 2018

Fundamental analysis of Forex market

Gold: Yellow Metal Reverses Its Losses In The Morning Session

For the 24 hours to 23:00 GMT, Gold declined 0.13% against the USD and closed at USD1202.80 per ounce. In the Asian session, at GMT0300, the pair is trading at 1204.10, with gold trading 0.11% higher against the USD from...

AdminSep 19, 2018

Fundamental analysis of Forex market

UK CPI and Retail Sales to Lose Steam in August

After an upbeat report on wage growth last Tuesday, consumer prices and retail sales out of the UK are the next in line to drive the British pound this week. Surprisingly, average earnings picked up speed in July, outstripping inflation...

AdminSep 18, 2018

Fundamental analysis of Forex market

BoJ Likely to Retain a Cautious Tone amid Muted Inflation and Trade Risks

The Bank of Japan (BoJ) will announce its policy decision during Wednesday’s Asian session, with investors anticipating no change to the Bank’s loose policy framework following some adjustments at the previous gathering. Instead, market focus may fall primarily on how...

AdminSep 18, 2018

Fundamental analysis of Forex market

Silver: White Metal Trading On A Weaker Footing In The Asian Session

For the 24 hours to 23:00 GMT, Silver rose 0.57% against the USD and closed at USD14.18 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 14.14, with silver trading 0.32%...

AdminSep 18, 2018

Fundamental analysis of Forex market

Crude Oil: Oil Extends Its Losses In The Morning Session

For the 24 hours to 23:00 GMT, Crude Oil declined 0.36% against the USD and closed at USD68.71 per barrel, amid worries over demand outlook pressured by US sanctions on Iranian oil and mounting US-China trade tensions. In the Asian...

AdminSep 18, 2018

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Category: Fundamental analysis of Forex market

Euro Reverses Its Losses In The Asian Session

Britain’s Inflation Surprisingly Advanced To A Six-Month High Level In August

Informal EU Summit Not Likely to Deliver Brexit Breakthrough

SNB Unlikely to Signal Normalization, May “Jawbone” Franc

Aussie Trading On Weaker Footing In The Asian Session

Gold: Yellow Metal Reverses Its Losses In The Morning Session

UK CPI and Retail Sales to Lose Steam in August

BoJ Likely to Retain a Cautious Tone amid Muted Inflation and Trade Risks

Silver: White Metal Trading On A Weaker Footing In The Asian Session

Crude Oil: Oil Extends Its Losses In The Morning Session

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Category: Fundamental analysis of Forex market

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