Fundamental analysis of Forex market

May’s Resignation Means Brexit is Back to Square One

One word perfectly sums up the events of this week. Disappointing. For some it began with the uninspiring conclusion of Game of Thrones, long-term stock investors grimaced at the lack ...
Read More

China Weekly Letter – US Pulls Out the Heavy Weapons by Targeting Huawei

The US blacklisting of Huawei is a clear escalation of the trade war; Xi-Trump meeting in June could be at risk Xi Jinping prepares people for a new ‘Long March’ ...
Read More

Weekly Economic and Financial Commentary: Global Economy Pauses, But Will It Refresh?

U.S. Review Housing Looking Up as Dark Trade Clouds Gather Durable goods orders slipped 2.1% during April. The grounding of the 737 MAX led to a 25.1% drop in commercial ...
Read More

Investor Angst Boosts Safe-Haven Yen

USD/JPY is almost unchanged on Friday. In the North American session, the pair is trading at 109.60, up 0.01% on the day. On the release front, Japanese National Core CPI ...
Read More

USD/CAD Canadian Dollar Falls With Lower Oil And US-China Trade Anxiety

The Canadian dollar lost 0.25 percent on Thursday. The loonie was under pressure as oil was down and it forced the currency to miss the other majors gaining on the ...
Read More

US Durable Orders Eyed as Dollar Remains ‘King’

The next highlight for the dollar will be the release of US durable goods orders for April, on Friday at 12:30 GMT. Forecasts point to a soft set of data, ...
Read More

Silver: White Metal Trading On A Weaker Footing This Morning

For the 24 hours to 23:00 GMT, Silver traded flat against the USD and closed at USD14.44 per ounce. In the Asian session, at GMT0300, the pair is trading at ...
Read More

Japanese Yen Edges Higher on Positive Japanese Data

USD/JPY has posted slight losses on Wednesday. In the North American session, the pair is trading at 110.29, down 0.18% on the day. In economic news, Japan released strong numbers ...
Read More

Pound Unimpressed By Brexit Plan, Fed Minutes Due

Pound surrenders gains to trade lower after May unveils Brexit plan Fed minutes today may boost the dollar a little Stocks advance on Huawei relief, but risks still heightened Sterling ...
Read More

Euro Could Have a Cold June

The Eurozone’s currency has been driving on a slippery road for more than a year now and even if the 19-member bloc doubled its growth in the first quarter of ...
Read More

GBP/USD – Pound Under Pressure As Manufacturing Orders Sink

After a flat start to the week, GBP/USD has edged lower on Tuesday. Currently, the pair is trading at 1.2694, down 0.23% on the day. On the release front, Mark ...
Read More