Fundamental analysis of Forex market | Forex robots store

Sterling Extends Rally

The British pound has posted considerable gains for a second consecutive day. Currently, GBP/USD is trading at 1.3767, up 0.37% on the day. It has been a volatile week for the pair, which declined by 1% early in the week...

AdminJul 22, 2021

Fundamental analysis of Forex market

Crude Oil Volatility Causing Large Moves In USD/CAD

During Q2 of this year, Crude Oil (USOIL) had been on a tear moving from a low on March 24th of 57.28 to a high on July 6th at 76.95. Along the way, the black gold broke out of a...

AdminJul 22, 2021

Fundamental analysis of Forex market

Could UK Retail Sales & Flash PMI Figures Stop the Pound Bears?

Boris Johnson lifted the final coronavirus curbs on Monday after a four-week delay, but the rising Covid infections made investors see the glass half empty, pressing the pound to a five-month low. UK retail sales for June and July’s flash Markit/CIPS PMI...

AdminJul 21, 2021

Fundamental analysis of Forex market

Wall Street Bounces Back, Dollar Powers Higher

Stock markets claw back losses as dip buyers return Dollar cruises higher with a little help from recovering yields But commodity currencies remain under pressure Dip buyers win again Wall Street staged a fierce comeback on Tuesday, without any particular...

AdminJul 21, 2021

Fundamental analysis of Forex market

An Unconvincing Rebound, Oil Stabilizes, Gold Supported at 1800

Stock markets are back in the green on Tuesday but already we are seeing frailties in the rebound, with Europe having given back a chunk of its earlier gains. The run into the close may provide some comfort. These are...

AdminJul 20, 2021

Fundamental analysis of Forex market

Yen Drifting, Japan CPI As Expected

The Japanese yen has settled down on Tuesday, after starting the week with strong gains. In the European session, USD/JPY is trading at 109.38, down 0.04% on the day. The yen remains relatively strong and dropped as low as 109.05...

AdminJul 20, 2021

Fundamental analysis of Forex market

Yen Jumps as Risk Appetite Slides

The Japanese yen has posted considerable gains in Monday trade. In the North American session, USD/JPY is trading at 109.50, down 0.47% on the day. Earlier in the day, the pair dropped as low as 109.05, its lowest level since...

AdminJul 19, 2021

Fundamental analysis of Forex market

Has the Canadian Dollar Already Reached its Peak for the Year?

The Insights In our view, yes. Recent developments suggest the six-year high of 83 US cents the loonie hit in early June was a high-water mark for 2021. The Bank of Canada was looking more hawkish than other central banks...

AdminJul 19, 2021

Fundamental analysis of Forex market

Weekly Economic & Financial Commentary: “Transitory” Feels Increasingly Long

Summary United States: “Transitory” Feels Increasingly Long Chair Powell reiterated his view that current inflation pressures would prove temporary in testimony to Congress, but there were few signs of inflation cooling this week. Both consumer and producer price inflation came...

AdminJul 17, 2021

Fundamental analysis of Forex market

The Weekly Bottom Line: BoC Tapers QE, Upgrades Inflation Outlook

U.S. Highlights Fed Chair Powell was in the hot seat as members of Congress peppered him with questions about what the Fed is doing about hot inflation. Core CPI inflation neared a 30-year high in June. Travel-related inflation has surged...

AdminJul 17, 2021

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Category: Fundamental analysis of Forex market

Sterling Extends Rally

Crude Oil Volatility Causing Large Moves In USD/CAD

Could UK Retail Sales & Flash PMI Figures Stop the Pound Bears?

Wall Street Bounces Back, Dollar Powers Higher

An Unconvincing Rebound, Oil Stabilizes, Gold Supported at 1800

Yen Drifting, Japan CPI As Expected

Yen Jumps as Risk Appetite Slides

Has the Canadian Dollar Already Reached its Peak for the Year?

Weekly Economic & Financial Commentary: “Transitory” Feels Increasingly Long

The Weekly Bottom Line: BoC Tapers QE, Upgrades Inflation Outlook

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