Fundamental analysis of Forex market

Asia Stocks Starts The Week In The Green

Asia higher on vaccine hopes, stimulus talks Although Wall Street saw continued profit-taking push equities to a lower close on Friday, the US index futures have recouped much of those ...
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Weekly Economic and Financial Commentary: Uneven and Uncertain Global Economic Recovery

U.S. Review House Party Soaring confidence among homebuilders, a pace of residential construction activity that topped expectations and existing homes selling at the fastest pace in 14 years were the ...
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The Weekly Bottom Line: It’s Always Darkest Before the Dawn

U.S. Highlights COVID-19 concerns took center stage again this week as cases surged to new daily records. This overshadowed optimism on vaccine progress and mostly positive economic data, with U.S ...
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Forward Guidance: Early Signs of COVID Damage in Europe to be Closely Watched in Canada

We’ll get some early indications of how re-imposed virus containment measures are affecting Europe with the release of advance PMI survey data next week. The resurgence of COVID 19 there, ...
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Week Ahead: US Thanksgiving and Another Brexit Deadline

Traditionally, Thanksgiving week in the US tends to be more on the quiet side. With the holiday on Thursday and a half day on Friday, many people take some or ...
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Week Ahead – Let the Battles Commence

Focus back on fiscal response It appears we’re moving seemlessly from one major risk to another at the moment in the markets. The election is still technically live, Covid is ...
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Yen’s Path Versus Dollar Defies Recovery Trend, May Cause Headache for Policymakers

The Japanese yen has been on a steady downtrend against most of its major peers since March when it exploded higher during the virus-induced financial turmoil. Although only the euro ...
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US Recovers On Stimulus Optimism, But Futures Drop On Friday

US equities partially recovered on Thursday, after tumbling over 1% in the previous session. Investors reacted positively to the new stimulus hopes, which offset the worries over tighter restrictions and ...
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Aussie Dips Despite Sharp Job Data

The Australian dollar has dipped lower in the Thursday session. Currently, AUD/USD is trading at 0.7268, down 0.50% on the day. Sparkling job numbers, but Aussie falls There was excellent ...
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Oil Edges Higher, Gold Range Trading

Crude inventories saves oil’s blushes Oil would probably have finished the overnight session lower as well but can thank a lower than expected rise in official US Crude Inventories. The ...
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Pound Climbs as Inflation Beats Estimate

GBP/USD is in positive territory for a fourth straight day, as the pair continues to make inroads against the greenback. Currently, the pair is trading at 1.3305, up 0.47% on ...
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