Fundamental analysis of Forex market

Week Ahead – Eurozone PMIs and Japanese Inflation Due; Jackson Hole Summit, Trade Updates & Turkey Could Steal the Show

Upcoming releases in the next seven days are pointing to a relatively quiet August week. Among the few stand-out readings are flash PMI prints out of the eurozone, Japanese inflation ...

Weekly Focus: Political Uncertainty Here to Stay

Market movers ahead In Norway, Q2 GDP growth data is due out on Thursday. The print will reveal whether or not a slowdown has been under way in Norway. Next ...

Loonie Rallies Hard on Inflation Data

Canadian headline inflation this morning beat market expectations and printed a seven-year high last month, while the measure of core-inflation remained relatively stable. Canada’s CPI rose +3.0% y/y, following a ...

Canadian July CPI Jumps Significantly Higher

Highlights: The July CPI rose 0.5% in the month, which compared to expectations of a 0.1% increase. The year-over-year rate jumped to 3.0% rather than holding steady at the June ...

Euro Steady As Eurozone CPI Meets Expectations

EUR/USD is showing little movement in the Friday session. Currently, the pair is trading at 1.1382, up 0.07% on the day. In economic news, Eurozone Final CPI improved to 2.1%, ...

Euro Bounce Fades, Canadian Inflation Prints Pending

Here are the latest developments in global markets: FOREX: The dollar index – which gauges the greenback’s strength against six major currencies – remained negative (-0.10%), though it pared most ...

Yen Shrugs Off Lower Japanese Trade Balance

It has been an uneventful week for the yen and that trend has continued in the Thursday session. In the North American session, USD/JPY is trading at 110.77, up 0.02% ...

Canadian Inflation Data in Focus as Loonie Hopes for NAFTA Deal

Canada will be on the receiving end of inflation data for July on Friday, at 1230 GMT. Forecasts suggest the headline CPI rate remained unchanged, which would likely keep the ...

UK Retail Sales Beats Expectations, Renewed US/China Trade Talks Soothes Risk Appetite

Notes/Observations Risk sentiment improves on US-China trade dialogue set to resume but remains fragile due to Turkish and Italian concerns UK July Retail sales data handily beats expectations aided by ...

Turkish Lira Erases Its Economic Attack Losses

Thursday August 16: Five things the markets are talking about This week, the mighty U.S dollar has gained traction from safe-haven investment flows on the back of trade disputes between ...

DAX in Red as investors Seeing Blue

The DAX index continues to trade in red territory. The pair has posted sharp losses in the Wednesday session and is trading at 12,234, down 1.00% on the day. There ...

US: Retail Sales Indicated Solid Start to Q3 Consumer Spending

Despite worries about spending fatigue after a strong Q2 and hand-wringing about auto sales, the July retail sales report was solid in most areas. Still, rising prices are a headwind, ...

Markets Digest Turkish Troubles With Heightened Risk Over Next 24-Hours

Wednesday August 15: Five things the markets are talking about Global equities traded mixed overnight as market risk appetite continues to be tested by Turkey’s induced turmoil. U.S Treasuries prices ...

Turkish Lira Currency Rebounds For A 2nd Straight Session, UK CPI Data In-Line

Notes/Observations Turkey Lira currency continues its retracement from recent record lows; risk of the Turkish crisis spreading to other emerging markets appears limited for now Indonesia Central Bank hikes its ...

Mid-US Session Update: Dollar resumes rally against EUR, GBP, AUD; European Indices closed in red

Dollar surges broadly in the first half of US session. EUR/USD, GBP/USD and AUD/USD all resumes recent fall after brief consolidations. Dollar is trading in red against Canadian and New ...

Lira, EM Currencies Calmer; UK Wages Disappoint and EZ GDP Beats

The markets were a little calmer in the first half of today’s session as the Turkish lira finally stopped falling, while the pound staged a short-lived bounce in the aftermath ...

Don’t Look At The Bad Side Of Gold | What Is Supporting Oil Price?

Dark clouds are back again but look further than this The greenback is way overbought Oil price is firmly holding on to its gain The perfect definition of tapering means ...

TRY Bounces Back As Risk Sentiment Stabilises

Turkey’s bounce As emerging-market currencies quake, now could be an opportunity to bargain hunt. Turkey has bounced back: the market has lost its appetite for pushing TRY further, as USD/TRY ...

Eurozone Industrial Production and German ZEW Economic Sentiment Could be Next to Drive the Euro

While Eurostat’s second GDP growth estimate is expected to confirm on Tuesday that the bloc’s economic growth slowed down in the second quarter, eurozone’s industrial production is anticipated to have ...

S&P 500 Near January Peak as Record-Setting Earnings Season Winds Down

Sparkling. Spectacular. Stellar. - advertisement - Sterling. Stupendous. Super. …and those are just the adjectives starting “Sp” through “Su” that describe Q2 earnings season for the S&P 500. Through ...