Fundamental analysis of Forex market

Weekly Economic and Financial Commentary: Lackluster Growth in Some Foreign Economies in Q2

U.S. Review Prices Continue to Advance Consumer prices increased 0.2 percent in July, advancing to 2.9 percent on a year-to-year basis, the strongest pace in six years. The core CPI ...
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Dollar Higher as Risk Appetite Vanishes

The US dollar appreciated versus most major pairs on Friday. The Japanese yen outperformed the greenback as a safe haven, but all other major currencies suffered heavy losses during the ...
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The Weekly Bottom Line: Canada – Another Rate Hike on the Way

U.S. Highlights Global equity markets were hit Friday by fears that Turkey’s deepening economic crisis will spread. The Turkish lira plummeted as investors have lost confidence that the Erdogan regime ...
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Week ahead: EM Currency Crisis and Key UK Data

Another week has flown by and what a disastrous one it has been for the likes of the Turkish lira and to a lesser degree the British pound, but once ...
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Turkey: Erdogan Chooses the Confrontation Path – TRY Collapses

The Turkish lira hit an all-time low as USD/TRY jumped almost 23.4% today following a speech by the President Recep Tayyip Erdoğan, where he spooked investors by choosing to continue ...
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Australia & New Zealand Weekly: RBA Lowers Inflation Forecasts to Reflect “One-off” Effects

Week beginning 13 August 2018 RBA lowers inflation forecasts to reflect “one-off” effects. RBA: RBA Governor Lowe Semiannual Testimony, Assistant Governor Ellis speaks. Australia: Westpac-MI Consumer Sentiment, wage price index, ...
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Week Ahead – Pound Looks to UK Data to Halt Slide; US Retail Sales and Aussie Jobs Coming Up Too

Economic releases will heat up in the coming week with monthly data on inflation, employment and retail sales certain to keep some traders busy as many head off for their ...
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The US Dollar Index Has Updated The Weekly High. The Potential For Growth Remains

The US dollar rose against the basket of major currencies during yesterday’s trading. The US dollar index (#DX) updated the weekly high and closed in the positive zone (+0.60%). Yesterday, ...
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Dollar Demand An Unstoppable Force, US Inflation & UK GDP On The Agenda

Here are the latest developments in global markets: FOREX: The US dollar index is higher by 0.63% on Friday, extending the significant gains it posted in the previous session and ...
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USD/CAD Canadian Dollar Lower after Flight to Safety from Investors

NAFTA Optimism not Lifting Loonie The Canadian dollar is lower on Thursday awaiting employment data to be released early on Friday. The diplomatic row between Canada and Saudi Arabia continues ...
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UK GDP Next on the Horizon for the Battered Pound

The UK preliminary GDP data for Q2 are due out on Friday, at 0830 GMT. Projections point to an acceleration in growth, which would be in line with the BoE’s ...
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Hot August For Currency Markets

This August seems hot. Not only temperature but also currency market volatility is rising. The period of active vacations, which is accompanied by a decrease in volumes, this time result ...
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Currency Majors Showed Mixed Results

During yesterday’s trading, the US dollar fell slightly against the basket of major currencies. As the Office of the US Trade Representative reported, the US authorities would impose a 25% ...
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Saudi Arabia Sells off Canadian Assets, Loonie Falls

It’s being reported by FT that the Saudi’s are selling off Canadian assets in response to Ottawa’s criticism of the arrest of a female activist last week. Apparently, the Saudi ...
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Sterling Plunges Amid Worries of No Brexit Deal; RBNZ Rate Announcement Pending

Here are the latest developments in global markets: FOREX: The US dollar weakened by 0.27% versus the Japanese yen on Wednesday, with dollar/yen trading near 111.00, while the US dollar ...
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Aussie Unmoved By Narrower China Trade Surplus

Both imports and exports higher than estimate Imports rose 27.3% y/y in US dollar terms, the fastest pace of growth since January, and beat economists’ forecasts of +16.2% by a ...
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Dollar Consolidates Expecting Possible Rally

Financial markets rise on positive sentiments about earnings and China’s fiscal stimulus. That pushed down the demand for USD, but more likely it is just a step back before the ...
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RBNZ to Maintain Flexible Stance, Downside Risks Linger for Kiwi

The Reserve Bank of New Zealand (RBNZ) is widely anticipated to keep interest rates unchanged when it announces its rate decision on Wednesday at 2100 GMT. Given mixed developments lately, ...
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Cannot Keep the ‘Big’ Dollar Down

The European and Asian sessions were happy to book ‘long’ dollar profits, but North America has decided to renew their acquaintance with the dollar bulls. A lack of major economic ...
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British Pound Suffers ‘Brexit Blues’

Here are the latest developments in global markets: FOREX: The US dollar index is lower by a little more than 0.10% on Tuesday, giving back some of the gains it ...
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