Fundamental analysis of Forex market | Forex robots store

Week Ahead – BoC Set to Taper, ECB Unlikely to Rock Euro

It will be an exciting week for financial markets, with two major central bank meetings and a storm of economic data to keep traders busy. The Bank of Canada seems ready to scale down its gigantic QE program, though the...

AdminApr 16, 2021

Fundamental analysis of Forex market

Europe Rallies on Impressive China, US Data

European equities head higher European bourses are on the rise rounding off an upbeat week. Following all-time highs on Wall Street overnight and record Chinese quarterly economic expansion, stocks across Europe appear well supported heading towards the weekend. Signs of...

AdminApr 16, 2021

Fundamental analysis of Forex market

Swiss Franc at 6-Week High, PPI Next

The Swiss franc is drifting in the Thursday session. Currently, USD/CHF is trading at 0.9226, up 0.08% on the day. Swiss franc continues to swell Despite the best efforts of the Swiss National Bank (SNB), the Swiss franc continues to attract...

AdminApr 15, 2021

Fundamental analysis of Forex market

China Set to Post Record Q1 GDP Growth, But Bounce May be Short-Lived

China was the only major economy in 2020 that managed to grow for the full year, proving that it’s possible to leave the pandemic wreckage behind. The pace of the recovery is expected to have accelerated in the first quarter...

AdminApr 15, 2021

Fundamental analysis of Forex market

Onto Fed’s Vaccination Guidance

USD drops across the board following oil’s 4% jump to 62.90s and markets’ shrugging of a US CPI that was a touch higher than consensus. Today’s Coinbase IPO coupled with Fed Chair Powell’s appearance raises questions about the timing of...

AdminApr 15, 2021

Fundamental analysis of Forex market

Is Euro Headed for 1.20?

EUR/USD is in positive territory for a third straight day. Currently, EUR/USD is trading at 1.1957, up 0.07% on the day. The euro has quietly but steadily moved within striking distance of the 1.20 line, which has psychological significance. EUR/USD...

AdminApr 14, 2021

Fundamental analysis of Forex market

‘Dollar Gives In To Inflation’

US inflation data put pressure on the dollar yesterday. The short-term charts clearly show that after a brief bear attack with an attempt to sink EURUSD below 1.1900, the pair experienced an impressive surge up to 1.1940. A couple of...

AdminApr 14, 2021

Fundamental analysis of Forex market

AUD Yawns, Business Conditions Strong

The Australian dollar continues to doze this week. Currently, AUD/USD is currently trading at 0.7626, up 0.04% on the day. Business Conditions hits record high With Australia’s economy close to pre-Covid levels, business conditions and confidence levels remain high. The...

AdminApr 13, 2021

Fundamental analysis of Forex market

US Stocks Fall From Record Highs

US equities tumbled from all-time highs as investors weighed the start of the corporate earnings season and an increase in the total amount of bond offerings that triggered the rally. Intel plunged together with Nvidia Corp., making the Nasdaq 100...

AdminApr 13, 2021

Fundamental analysis of Forex market

Will Business Confidence Shake Up AUD?

The Australian dollar has started the week with a whimper. Currently, AUD/USD is currently trading at 0.7620. Australia releases the NAB Business Confidence early on Tuesday (1:30 GMT). Business confidence continues to show stronger optimism, rising to 16 in February,...

AdminApr 12, 2021

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Category: Fundamental analysis of Forex market

Week Ahead – BoC Set to Taper, ECB Unlikely to Rock Euro

Europe Rallies on Impressive China, US Data

Swiss Franc at 6-Week High, PPI Next

China Set to Post Record Q1 GDP Growth, But Bounce May be Short-Lived

Onto Fed’s Vaccination Guidance

Is Euro Headed for 1.20?

‘Dollar Gives In To Inflation’

AUD Yawns, Business Conditions Strong

US Stocks Fall From Record Highs

Will Business Confidence Shake Up AUD?

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Category: Fundamental analysis of Forex market

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