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Canadian Dollar Steady, US Consumer Confidence Next

The Canadian dollar continues to have a quiet week. In Tuesday’s North American session, USD/CAD is trading at 1.3319, up 0.19% on the day. On the release front, there are no Canadian events until Thursday, so U.S indicators will have...

AdminJun 26, 2018

Fundamental analysis of Forex market

Pound Bears Cheer After Haskel Doubts BoE Rate Hike, Gold Hits Fresh 6-Month Lows

Here are the latest developments in global markets: FOREX: The US dollar held steady versus the Japanese yen today (-0.10%), taking a breather after today’s earlier sell-off movement. The US dollar index rose by 0.22% though, currently hovering near the...

AdminJun 26, 2018

Fundamental analysis of Forex market

Gold Starts Week with Losses as Tariff Spat Continues

Gold is has posted slight losses in the Monday session. In North American trade, the spot price for one ounce of gold is $1266.80 down 0.26% on the day. It’s a quiet start to the week, with only one event....

AdminJun 25, 2018

Fundamental analysis of Forex market

British Pound Subdued on Lack of Fundamentals

The British pound is unchanged in the Monday session. In North American trade, GBP/USD is trading at 1.3272, up 0.05% on the day. On the release front, there are no British events and only one U.S indicator. New Home Sales...

AdminJun 25, 2018

Fundamental analysis of Forex market

Canadian Dollar Ticks Lower

The Canadian dollar is slightly lower in the Monday session. Currently, USD/CAD is trading at 1.3291, up 0.19% on the day. On the release front, there are no Canadian releases until Thursday. In the U.S, New Home Sales is expected...

AdminJun 25, 2018

Fundamental analysis of Forex market

Trade Risks Elevate the Yen; European Stocks Tumble

Here are the latest developments in global markets: FOREX: During Monday’s trading session, the dollar was moving lower by 0.47% against the Japanese yen after the US President Donald Trump threatened on Friday to impose a 20% tariff on cars...

AdminJun 25, 2018

Fundamental analysis of Forex market

Weekly Economic and Financial Commentary: Housing Starts Rise as Inventory Holds Back Sales

U.S. Review Housing Starts Rise as Inventory Holds Back Sales Following April’s upwardly-revised 3.1 percent fall, housing starts bounced back solidly in May, rising 5.0 percent to a 1.35 million-unit pace. Existing home sales fell for the second straight month...

AdminJun 23, 2018

Fundamental analysis of Forex market

The Weekly Bottom Line: Let the Good Times Roll!

U.S. Highlights The U.S. economy is barreling ahead with more momentum than we had expected. Our latest forecast upgrades real GDP growth to 3.0% in 2018, from 2.7% in March. 3% is difficult to sustain over the medium term. As...

AdminJun 23, 2018

Fundamental analysis of Forex market

USD: How Does the Escalating Trade War Impact the Greenback?

Global markets were thrown into flux once again when (yet again) US President Donald Trump poured gasoline on the simmering “Trade War” fire. This morning, Trump tweeted that “if [EU trade tariffs] are not soon broken down and removed, we...

AdminJun 23, 2018

Fundamental analysis of Forex market

OPEC Agrees to Boost Daily Production to Ensure Oil Market Stability

At the 174th Meeting of the OPEC Conference, OPEC members agreed that global crude oil market conditions further improved since its meeting last November, citing a strong global economy that is helping to spur relatively robust demand for oil. They...

AdminJun 23, 2018

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Category: Fundamental analysis of Forex market

Canadian Dollar Steady, US Consumer Confidence Next

Pound Bears Cheer After Haskel Doubts BoE Rate Hike, Gold Hits Fresh 6-Month Lows

Gold Starts Week with Losses as Tariff Spat Continues

British Pound Subdued on Lack of Fundamentals

Canadian Dollar Ticks Lower

Trade Risks Elevate the Yen; European Stocks Tumble

Weekly Economic and Financial Commentary: Housing Starts Rise as Inventory Holds Back Sales

The Weekly Bottom Line: Let the Good Times Roll!

USD: How Does the Escalating Trade War Impact the Greenback?

OPEC Agrees to Boost Daily Production to Ensure Oil Market Stability

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Category: Fundamental analysis of Forex market

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